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galben [10]
2 years ago
10

Let's suppose that the demand for allergists increases in california. assuming there is a perfectly competitive market for aller

gists in california:_________
Business
1 answer:
densk [106]2 years ago
8 0

Let's suppose that the demand for allergists increases in California. assuming there is a perfectly competitive market for allergists in California :

Allergists from other states (or countries) could move to California.

Surgeons, hematologists, and other doctors in California could become allergists after some retraining.

More people could enter medical school, specialize in allergies, and move to California.

A competitive market is an economic term that refers to a market in which there are a large number of buyers and sellers and no single buyer or seller can influence the market. A competitive market has no barriers to entry, many buyers and sellers, and homogeneous products.

In economics, especially general equilibrium theory, perfect markets, also called atomistic markets, are defined by several idealized conditions collectively known as perfect or atomistic competition.

Learn more about competitive market here: brainly.com/question/8753703

#SPJ4

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The long-run aggregate supply curve shifts left if… Group of answer choices The capital stock decreases All of these answers are
Savatey [412]

Answer:

The capital stock decreases

Explanation:

Options “ The capital stock decreases”  is the correct answer because the decrease in capital stock will reduce production for example, if the number of plants or factories of a company decreases then its production capacity will also decrease. Therefore, the supply curve will shift left leftwards. Moreover, immigration increases the number of laborers, and advancement in technology increases the efficiency of production. Therefore, in such cases, the supply curve shifts rightwards.

6 0
3 years ago
Only one of the approaches to ethical reasoning has as its central tenet that actions are more right if they promote more happin
Mice21 [21]

Answer:

A. End-result ethics

Explanation:

7 0
3 years ago
Question 1: Special order Sales volume in units 120 Revenue $8,400 Variable costs $2,400 Contribution margin $6,000 Fixed costs
IceJOKER [234]

Answer:

Yes, accept the special order.

Explanation:

                                              Before Special Order        After Special Order

                                                         120 units                               160

Sales                                                 $8,400                              $10,000

Less Variable Costs                       ($2,400)                              ($3,200)

Contribution                                     $6,000                               $6,800

Less Fixed Costs                             ($1,400)                              ($1,400)

Net Income                                       $4,600                               $5,400

Conclusion

As a result of special order, we have an additional profit of $800. Therefore, accept the special order.

8 0
3 years ago
You bought $15.25 worth of merchandise from a convenience store, but the final bill was $16.50. What is the sales tax rate? 6.3%
disa [49]

Answer:

sales tax = 8.2 %

base value  = 25%  increase

Explanation:

given data

bought = $15.25

final bill = $16.50

to find out

the sales tax rate

solution

we take tax rate and divide by original price tat is

take rate is = 16.50 - 15.25 = $1.25

so

sales tax = \frac{1.25}{15.25}

sales tax = 8.1967 %

so correct option is 8.2%

and

we consider height of Redwood tree =  x feet

and  height of Oak tree = y feet

so that difference in height of two trees  are  = change in height from Oak tree to Redwood tree is

difference in height of two trees = | x - y |

so that % change height Oak tree to Redwood tree

thus % change height from Oak tree to Redwood tree taking

so that  

Oak tree as base value will be

base value = \frac{(x-y)}{b} × 100

base value  = \frac{(120 -150) }{120} × 100

base value  = 25%  increase

7 0
3 years ago
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Anna11 [10]

Answer:

B. Place the order now.

Explanation:

Why wait until the exchange rate changes?  When is that going to be?  The best reaction would be to place the order when it is needed and not to speculate on the exchange rate.  Waiting until the exchange rate changes against Japan makes the prices of goods and services cheaper for foreign purchasers.  But, the wait could be endless.

4 0
3 years ago
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