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MA_775_DIABLO [31]
2 years ago
7

Suppose there is an increase in the number of buyers of cars and an increase in the cost of manufacturing cars. The basic graphi

ng model of supply and demand predicts:
Business
1 answer:
xenn [34]2 years ago
5 0

Option C. Suppose there is an increase in the number of buyers of cars and an increase in the cost of manufacturing cars. The basic graphing model of supply and demand predicts:  the equilibrium price of cars will increase, but the impact on the equilibrium quantity of cars cannot be determined without additional information

<h3>What is demand?</h3>

This is the term that is used to refer to the number of people that are willing to buy a product at a given wage rate.

When there is a rise in the demand of cars, there would be a rise in rhe equilibrium price of the cars.

Complete question

Suppose there is an increase in the number of buyers of cars and an increase in the cost of manufacturing cars. The basic graphing model of supply and demand predicts:

A. The equilibrium, quantity of cars will decrease, but the impact on the equilibrium price of cars cannot be determined without additional information

B. The equilibrium quantity of cars will increase, but the impact on the equilibrium price of cars cannot be determined without additional information.

C. the equilibrium price of cars will increase, but the impact on the equilibrium quantity of cars cannot be determined without additional information

D. the equilibrium price of cars will decrease, but the impact on the equilibrium quantity of cars cannot be determined without additional information

Read more on demand here:

brainly.com/question/516635

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fredd [130]

Answer:

a. 15 times

b. 24.3 days

Explanation:

The computation is shown below:

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b. Number of days sales in receivables = Total number of days in a year ÷ accounts receivable turnover ratio

= 365 days ÷ 15 times

= 24.3 days

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sasho [114]

Answer:

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Explanation:

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lys-0071 [83]
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What explanation might an economist provide why some people overeat when such behavior can lead to health​ consequences? Some pe
LiRa [457]

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