1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
timama [110]
1 year ago
10

Suppose there is a decrease in the U.S. selling price of Japanese-made cars (a substitute for American-made cars). At the same t

ime, the price of steel, used to make American-made cars decreases. What would we expect would happen in the market for American-made cars
Business
1 answer:
aliina [53]1 year ago
6 0

If the price of the steel used to produce steel falls, it would cause the price of American cars to fall.

<h3>How does the price of resources affect demand?</h3>

The price of a resource used in the production of goods can have a huge effect on the price.

If the price of steel is high, it would make the price of cars to be on the increase hence reducing the demand for the product in the market.

Read more on demand here:

brainly.com/question/1288364

#SPJ1

You might be interested in
Suppose the National Bureau of Economic Research (NBER) comes out with a report suggesting that the economy will soon dip into r
egoroff_w [7]

Levels of cyclical unemployment will rise.

Unanswered levels of frictional unemployment may rise as people looking for jobs will find it harder to get new jobs.

Unanswered levels of structural unemployment are likely to rise as businesses look for specific types of workers.

Answer: Options A, B and G.

<u>Explanation:</u>

In Economics, a recession is a business cycle constriction when there is a general decrease in monetary action. Downturns by and large happen when there is a far reaching drop in spending.

A recession happens when there are at least two back to back quarters of negative monetary development, which means GDP development contracts during a downturn. As organizations battle with less money and income, they first attempt to lessen their expenses by bringing compensation or stopping down to procure new specialists, which can stop business development.

6 0
2 years ago
One of the least desirable and routine tasks members of your team must do is taking minutes (notes) at team meetings. Proof that
anyanavicka [17]

Answer:

C. Create a rotating assignment so each team member shares note taking.

Explanation:

In the case noted in the question above, there is a situation that could be unpleasant if it were decided by some type of bias.

Therefore, the most appropriate alternative for the team to address this situation would be to create a rotating assignment for each team member to share the notes. This way it would not happen that a team member is always chosen to perform a task that causes dissatisfaction in the whole team. Creating a rotating assignment to carry out the task would guarantee the uniformity of the task assignment and avoid possible dissatisfactions, inequalities and interpersonal conflicts that could arise.

6 0
2 years ago
The economic survey 2018 suggest that the psychological biases can be used in the realm of tax compliance. It is in favour of us
almond37 [142]

Answer:

(b) Social, and economic dimension

Explanation:

The dimensions of a business environment refers to the various factors that must be taken into consideration so as to have a sustainable business in a particular environment. These factors include the economic, legal, social, technological and political policies guiding a particular environment. If these factors are disregarded, the business can easily crumble.

In the question above, social factors that involve the incorporation of norms, values, beliefs, traditions, impact, and social trends ensures the smooth running of the business.

In the economic dimension, economic policies and systems that include taxes, interest rates, unemployment rate, stock market indices, etc. play a key role in the success of the business.

3 0
2 years ago
Characteristics of mixed economy​
masha68 [24]

Answer:

- Protection of Labor Rights

- Co-surviving Public and Private Sectors

- Safeguarding of Consumer Rights

- Economic Planning

Explanation:

Don't know how many you're looking for, or what specifically, but those are a few that I've learned

Hope it helped

5 0
3 years ago
Indicate weather each of the following statements is true or false.
Semenov [28]

Answer:

1. False

2. True

3. False

4. True

5. False

Explanation:

- This is because gains from trade come from specialization in one comparative advantage and self sufficiency can lead poor management of natural resources.

- gain from trade are only based on comparative advantage.

- because trades can benefit both parties when production is based on comparative advantage.

- it gives both parties a chance to consume at points outside their production capabilities.

- because countries open to trade tend to grow faster, innovate to improve productivity while providing more opportunities for the populace.

5 0
2 years ago
Other questions:
  • Peak performance sporting goods company has reported net income after taxes = $3,750,000, with 18,250,000 shares outstanding. ba
    14·1 answer
  • Tate and Anna have two children who need orthodontic treatment of braces and retainers, which insurance should they purchase?
    12·2 answers
  • The annual depreciation taken on a vehicle totals $4,400. The vehicle has been in service for three full years and the adjusting
    10·1 answer
  • An angry customer approaches a supermarket associate to complain. After hearing the complaint, what is the first thing the assoc
    12·1 answer
  • Listed below are several transactions. For each transaction, indicate whether the cash effect of each transaction is reported in
    14·1 answer
  • So you can retire early, you have decided to start saving $500 a month starting one month from now. You plan to retire as soon a
    11·1 answer
  • (04.03 LC)
    8·1 answer
  • Goods sold to Mahesh Rs 20000 journal entries​
    15·1 answer
  • Fiscal policy is government action that involves:
    12·1 answer
  • The economic indicator that reflects activity of u. s. entities without regard to where the activity takes place is?
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!