Mixed because if everything its mixed up you won't no how much u have of something.
When <u>cost of production increase </u> business firms will supply lower quantity of output
<h3>Effect of production cost on prices </h3>
When the cost of production increases, producers will tend to produce a lesser quantity of goods and services and this is cause an increase in demand over supply in the open market.,
An increase in demand without a corresponding increase in supply will cause the supply curve to shift to the left.
Hence we can conclude that When <u>cost of production increase </u> business firms will supply lower quantity of output
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Answer: None of these descriptions is accurate for Erik as he does not care about the level of risk involved and is indifferent to all the investment options and their risks.
Devin is risk averse as he decides to choose the safest option which is keeping the money as cash for one year.
Explanation:
This type of flexible work arrangement is known as SHIFT.
In shift arrangement, the hours in the days are often divided equally into night and day sections, which are handle by different employees. Sometimes, a day work may be divided into three shift depending on the policies of the concerned company.
Answer:
Letter a is correct. <u>Situational factors.</u>
Explanation:
Situational factors are defined as the set of temporary environmental factors that will influence consumer behavior in the purchasing process.
These may include:
- <u>the physical environment:</u> physical characteristics that influence purchase such as the organization and size of space.
- <u>the social environment:</u> influence of consumption by other people.
- <u>the task:</u> convenience of purchase for some reason.
- <u>the time:</u> time the person has to make a purchase.
- <u> antecedent psychological states:</u> spirit and psychological states that influence people to buy.