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2 years ago

An increase in the supply of grain will reduce the total revenue grain producers receive if.

1 answer:

7 0

If the<u> demand curve is inelastic</u>, a rise in the supply of grain will result in a decrease in the overall income received by grain producers.

The ability of firms to enter and exit a market over time means that, in the long run, the supply curve is more elastic.

Two basic economic concepts are combined in the law of supply and demand to explain how shifts in the price of a resource, good, or service affect its supply and demand. As the price rises, supply increases while demand decreases. On the other hand, as the price falls, demand increases and supply becomes more limited.

The degree to which changes in price translate into changes in demand and supply is known as the product's price elasticity.

Basic consumer demand is comparatively inelastic, or less responsive to price changes.

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Answer:

Explanation:

Here are the options :

A. market price.

B. dividend yield.

C. capital gains yield.

D. total return.

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3 years ago

Until the mid-1700s, the 13 colonies often had diverse histories and economies, which provided ___________.

Natali [406]

Until the mid-1700s, the 13 colonies often had diverse histories and economies, which provided <span>little incentive for them to join together to meet shared goals.
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3 years ago

A callable bond pays annual interest of $60, has a par value of $1,000, matures in 20 years but is callable in 10 years at a pri

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A. 6%

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3 years ago

following organizations provides CI functional services and analysis in support of international arms control agreements

aivan3 [116]

Director, National security agency chief, central security service DIRNSA/CHCSS provides CI functional services and analysis in support of international arms control agreements.

<h3>What does Director, National security agency chief, central security service DIRNSA/CHCSS do?</h3>

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2 years ago

Sean wants to purchase a new computer and go to the Caribbean for spring break. The computer is priced at $1,299, and the vacati

DIA [1.3K]

Answer:

Please see explanation.

Explanation:

a) Jake can determine computer price > vacation price:

Unit of Account

(Money being the standardized unit to measure price of 2 goods)

(b) Jake has $1574 in checking account

Store of Value

(Money is "Stored" in his bank account which can be used later for any purpose)

Medium of exchange

(Money is used to be exchanged with the computer)

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4 years ago