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Sergio [31]
2 years ago
6

Which statement best describes the relationship between price and quantity supplied?

Social Studies
2 answers:
never [62]2 years ago
7 0

Answer: The correct answer:

A. When prices increase, quantity supplied increases.

Explanation:

Law of supply

AnnZ [28]2 years ago
5 0

The statement that best describes the relationship between price and quantity supplied is A. When prices increase, the quantity supplied increases.

<h3>What is Price?</h3>

This refers to the attached value to a particular product or service that can be bought or purchased for.

Hence, we can see that based on the economic principle of price and quantities supplied, we can note that when prices increase, the quantity supplied increases and this is because of demand and supply.

Read more about price here:

brainly.com/question/1153322

#SPJ9

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What best describes the difference between foreign policy and domestic policy? (3 points) Domestic policy issues affect areas wi
pishuonlain [190]

Answer:

Domestic policy issues affect areas within U.S. borders while foreign policy issues affect areas outside U.S. borders.

Explanation:

Foreign policy is a government's strategy in dealing with other nations and domestic policy is activities, events, and situations that occur or exist within one particular country.  Good Luck!

6 0
3 years ago
Why are grants and scholarships called “ gift aid”
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<em>Answer:</em>

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4 years ago
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Because of high production-changeover time and costs, a director of manufacturing must convince management that a proposed manuf
NeX [460]

Answer:

This question is incomplete, here is the complete question:

Because of high production-changeover time and costs, a director of manufacturing must convince management that a proposed manufacturing method reduces costs before the new method can be implemented. The current production method operates with a mean cost of $\$ 220$ per hour. A research study will measure the cost of the new method over a sample production period.

a. Develop the null and alternative hypotheses most appropriate for this study.

b. Comment on the conclusion when $H_{0}$ cannot be rejected.

c. Comment on the conclusion when $H_{0}$ can be rejected.

Answer:

Check the explanation

Explanation:

The above information states that the mean cost is $220 per hour.

Here, the director of manufacturing unit must persuade the management and also proposed a manufacturing technique that reduces cost before the latest method can be put into practice. This can be written as μ<220. The balance of the claim is µ≥220. In this given experiment, the alternative hypothesis point toward this solution

$H_{0} : \mu \geq 220, H_{a} : \mu<220$

b. There is not enough evidence to maintain the claim that the proposed

manufacturing technique reduces costs.

c. There is adequate evidence to support the assertion that the proposed

manufacturing method decreases costs.

4 0
3 years ago
How many parishes are in Jamaica ?<br>a. 10<br>b.17<br>c.14<br>d.9​
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Answer: 14

Explanation:

3 0
3 years ago
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How does a production possibility chart assist in outlining opportunity cost?
Anestetic [448]

Answer: It compares profit potential of one product to another. It compares production cost of one product to another. It compares production numbers of one product to another

Explanation:

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