Moore's law states that every 18 months, the computing speed of a microchip doubles. a. What effect does this likely have on the economy?

1. The price level falls and output rises.
2. The price level falls and output falls.
3. The price level rises and output rises.
4. The price level rises and output falls.

b. Demonstrate your answer graphically using the AS/AD model. Use the tool provided 'SAS/' to draw the new short-run aggregate supply curve.

Vital industries manufactured 2 comma 200 units of its product huge in the month of april. it incurred a total cost of $ 121 comma 000 during the month. out of this $ 121 comma 000, $ 46 comma 000 comprised of direct materials used in the product and the rest was incurred because of the conversion cost involved in the process. ryan had no opening or closing inventory. what will be the total cost per unit of the product, assuming conversion costs contained $ 10 comma 900 of indirect labor?

Ineed this asap miguel's boss asks him to distribute information to the entire staff about a mandatory meeting. in 1–2 sentences, describe what miguel should do.

An electronics store is running a promotion where for every video game purchased, the customer receives a coupon upon checkout to purchase a second game at a 50% discount. the coupons expire in one year. the store normally recognized a gross profit margin of 40% of the selling price on video games. how would the store account for a purchase using the discount coupon?