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alexgriva [62]
2 years ago
14

If the price of a product increases, the demand for the resource used in producing that product decreases.

Business
1 answer:
valentina_108 [34]2 years ago
6 0

Economists call this the law of demand. As the price of a product increases, the quantity demanded decreases (but the demand itself remains the same). If the price falls, the quantity demanded will increase.

Resource Prices – Rising resource prices lead to a decrease in supply or a leftward shift in the supply curve. Falling resource prices lead to an increase in supply or a rightward shift in the supply curve.

An increase in demand shifts the demand curve to the right and a decrease in supply shifts the supply curve to the left.

A decrease in demand leads to a decrease in the equilibrium price. Less quantity to deliver. An increase in supply leads to a  product decrease in the equilibrium price, all other things being equal. Demand increases.

Learn more about resources at

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What would you do as CEO to support the goals of Japan Airlines during the challenging economics that airlines face? a. Call emp
Talja [164]

Answer: b. Give personal emails and phone calls to employees at any level in the organization and thank them for their hard work and service to the company

Explanation:

It is said that appreciation is the application for more, when people are thanked, they often tend to go the extra mile to do their best for the organization, this in turn will build the work force that will push unity and effectiveness both as a team and individually and would rub off in theor services to their customers. Encouraging the workers would go a long way to improve the services of the airline.

6 0
3 years ago
An employer establishes a physical exercise area in the workplace and encourages all employees to use it. This is an example of
padilas [110]

Answer: Primary prevention

Explanation: Primary prevention precedes disease and applies to healthy clients. It is a level of health promotion that is concerned with reducing the incidence and prevalence of diseases. This is achievable because it focuses on preventing the disease before it develops and spreads across the population. Some examples of primary prevention include vaccination, immunization and frequent exercise. The later is what the employer aims to achieve by establishing a physical exercise area in the workplace and encouraging all employees to use it.

3 0
3 years ago
The shape of the production function reflects the law of diminishing marginal product of labor.a. Trueb. False
Anna35 [415]

Answer: True

Explanation:

Looking at the Production Function you will notice that Output increases at different rates to input added. First output increases at an increasing rate then at a constant rate then at a decreasing rate.

This shows the concept of the Law of Diminishing Marginal returns because as more input(labor) was added, at some point the output started increasing at a decreasing rate till it gets to a point where marginal returns will be negative.

The reason for this is that each worker is now working with less capital than before (assuming capital doe not change) and so will only produce less.

5 0
3 years ago
What is the primary purpose of an issuer sponsoring an american depositary receipt (adr)?
xz_007 [3.2K]

U.S. investors. these securities are created to facilitate foreign funding in U.S. companies. those securities are created to attract a U.S. investor base.

Foreign Direct funding (FDI) is a monetary time period used to explain when corporations from abroad (“international groups”) build facilities, buy equipment, lease people and create products and services in the U.S.A.

Foreign direct funding (FDI) is when an investor becomes a full-size or lasting investor in a commercial enterprise or company in another country, which may be a lift to the worldwide financial system.

Learn more about foreign investment in U.S. companies here

brainly.com/question/16261142

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7 0
2 years ago
Windsor Locomotive Corporation purchased for $550,000 a 40% interest in Lopez Railways, Inc. This investment enables Windsor Loc
Vanyuwa [196]

Answer:

Journal Entries

Dr. Investment in Lopez Railways Inc.  $600,000  

Cr. Cash                                     $600,000

Dr. Investment in Lopez Railways Inc                   $59,600

Cr. Income of Investment in Lopez Railways Inc $59,600

Dr. Cash                                                 $10,800

Cr. Investment in Lopez Railways Inc  $10,800

Explanation:

As Windsor Locomotive Corporation has purchased 40% interest in Lopez Railway Inc.Lopez Inc. is classified as the associate company of Windsor Corp.

Share in net Income = $149,000 x 40% = $59,600

Share In Dividend = $27,000 x 40% = $10,800

4 0
3 years ago
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