Manderlee corp. manufactures two products, product a and product b. the following production data is for april of the current year. prod a prod b estimated beginning inventory (in units) 25,000 30,000 desired ending inventory (in units) 24,800 32,200 expected sales volume for april (in units) 52,000 82,000 instructions: prepare a production budget for april which provided the following (a) units to produce of prod a (b) units to produce of prod b prod a prod b

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Which of the statements best describes why the aggregate demand curve is downward sloping? an increase in the aggregate price level causes consumer and investment spending to fall, because consumer purchasing power decreases and money demand increases. as the aggregate price level increases, consumer expectations about the future change. as the aggregate price level decreases, the stock of existing physical capital increases. as a good's price increases, holding all else constant, the good's quantity demanded decreases.

One of the growers is excited by this advancement because now he can sell more crops, which he believes will increase revenue in this market. as an economics student, you can use elasticities to determine whether this change in price will lead to an increase or decrease in total revenue in this market. using the midpoint method, the price elasticity of demand for soybeans between the prices of $5 and $4 per bushel is , which means demand is between these two points. therefore, you would tell the grower that his claim is because total revenue will as a result of the technological advancement.