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2 years ago

What non-price determinant is causing the curve to shift? choose the specific letter in the correct acronym

Business

1 answer:

jolli1 [7]2 years ago

7 0

The non-price determinant of the number of sellers in the market is causing the curve to shift

Demand curve shifts occur when demand determinants other than price change. It occurs when the demand for goods and services changes, even if the price does not change.

To understand this, we first need to understand what the demand curve does. Record the demand plan. This is a detailed chart showing the number of units purchased at each price. It follows the law of demand that people buy fewer units as prices go up. Unless nothing else changes, a business principle is called ceteris paribus. This means that all demand determinants other than price must remain the same.

Learn more about Demand Curve here: brainly.com/question/14297698

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Which of the following is an example of crowding out? a. An increase in government spending increases interest rates, causing in

kicyunya [14]

Answer:

a. An increase in government spending increases interest rates, causing investment to fall.

Explanation:

Crowding out occurs when increased government spending backfires and has a negative impact in the private sector due to the increase in interest rates, which are pivotal in the decision-making process of private investments. A high intensity crowding out may even lead to a negative overall impact in the economy. Therefore, the answer is alternative a.

3 0

3 years ago

Which of the following is a correct explanation for why the aggregate demand curve slopes downward? A. As the price level decre

Tems11 [23]

Answer:

C. As the price level decreasesdecreases, the real value of cash balances increasesincreases, and total expenditures riserise.

Explanation:

The aggregate demand curve is a curve that shows all the output demanded at different price levels in an economy.

The aggregate demand curve in downward sloping. This is according to the law of demand which says, the higher the price, the lower the quantity demanded and the lower the price, the higher the quantity demanded.

Therefore, when prices fall, the real value of cash balances increases, total expenditures rises and quantity demanded rises.

When prices fall, export increases and net export rises.

I hope my answer helps you

5 0

3 years ago

Put the phrases in order from first to last to best illustrate the progression of a properly functioning loanable funds market.

aalyn [17]

Answer:

Following is the order from first to last

Explanation:

Progression of a properly function loanable funds is a step by step procedure if one step fails the functions of loanable funds cannot proceed further.

The first step is Borrowing requires saving

The second step is investment requires borrowing

The last step is output (GDP) requires investment

The first is borrowing followed by investment and the output GDP.

4 0

4 years ago

Your aunt has $680,000 invested at 5.5% (time zero), and she now wants to retire. She wants to withdraw $45,000 at the beginning

saveliy_v [14]

Answer:

None of the options was correct

<em>It will take her 15.94 years to make withdrawals and yet have up to $50,000.00 to give me.</em>

8 0

3 years ago

Donna runs an inn and charges $300 a night for a room, which equals her cost. Sam, Harry, and Bill are three potential customers

alina1380 [7]

Answer:

a. $25

Explanation:

According to the given situation, the computation of deadweight loss of the tax is shown below:-

Deadweight Loss = 1 ÷ 2 × 1 × ($350 - $300) = 1 ÷ 2 × ($50)

Or, Deadweight Loss = 1 ÷ 2 × ($50)

Or, Deadweight Loss = $25

Therefore the correct option is a. $25

We simply considered the above values so that the deadweight loss of the ta could come

6 0

3 years ago