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If workers actively demand pay increases when the price level is rising and are willing to accept pay cuts when the price level is falling then the short-run aggregate supply curve would be?
Wiki User
∙ 7y ago
Would it be horizontal
Wiki User
∙ 7y ago
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When income increases the demand for which type of good decreases?
The goods whose demand decrease as Income increase are called inferior goods like say for a low income say you had chosen to consume bread, but as your income rose you shift from bread to pizzas. Thus demand for bread falling.
What is the law of variable proportion?
according to this law, if more and more units of a variable factor are employed with the fixed factor the total physical product(which the same as the total product) increases at a decreasing rate in the beginning, then increases at a diminishing rate and finally starts falling. assumption of the law: 1. state of technology remains constant. 2. its the short hand phenomenon. 3. distinction between fixed factor and variable factor. 4. all units of the variable are homogeneous.
What is the stage in a business cycle called when real GDP stops falling?
When the GDP stops falling, the business cycle is a trough.
Show me with graphical representation why does the demand curve slopes downward?
The demand curve slopes downward due to the law of demand, which states that as price increases demand decreases. Mathematically, this is stated as preferences being convex, which, in layman's terms, means that 'more of something is strictly better than something else' and by diminishing marginal returns leading to increasing marginal costs, which results in goods costing more for additional units of production. Thus, as production increases, price is increasing and demand is falling.
What happens the GDP is neither rising nor falling?
Stagnation
Does the velocity of a falling object increase or decrease?
Velocity increases
When falling object gains speed the air drag on it?
it increases
How does rain falling on a lake purify its water?
it increases the rate of aeration
What increases As an object falls freely in a vacuum?
the object's falling speed
What happens the the kinetic energy of a falling object?
If the object's falling energy increases (this would happen if the object is already falling downward, and air resistance is small), then the kinetic energy will increase.
Why then do some objects fall through the air at a different rate?
Air Resistance increases with velocity.So, as the velocity of a falling object increases, Air Resistance increases until it is equal to Gravity.
Does mechanical energy of a coconut falling from a tree increases or decrease?
Kinetic energy increases whilst potential energy decreases. Total remains constant
How is velocity of a falling object related to the length of time the object falls?
Velocity increases but not infinitely.
An open parachute increases air resistance of a falling sky driver by?
Increasing his surface area
How does air resistance affect the acceleration of falling objects?
As a falling object accelerates through air, its speed increases and air resistance increases. While gravity pulls the object down, we find that air resistance is trying to limit the object's speed. Air resistance reduces the acceleration of a falling object. It would accelerate faster if it was falling in a vacuum.
An open parachute increases air resisttance of a falling sky diver by?
Increasing the surface area, producing drag.
What is the difference between falling and rising intonation?
When your pitch increases in a particular manner it's called rising intonation. When your pitch decreases in a particular manner it's called falling intonation.
