The demand curve itself should actually move. Instead you would be moving along the curve. Your question is incomplete but the information given would result in a shift to the right on the demand curve. In other words, quantity demanded for pepsi would increase. (There would be a shift to the left on the supply curve.)
Answer:
$1,500
Explanation:
A business buys $5000 worth of resources resources to produce a good
The business makes 100 unit of of the good and sell each for $65
Therefore the value added by the business to the product can be calculated as follows
= $65×100
= $6500
$6,500-$5,000
= $1,500
Hence the value added by the business to the product is $1,500
The answer is series 7 which is for investment agents <span>who want to sell </span>fixed-income<span> investment products such as bonds, stocks, and packaged products.</span>
Answer:
The correct answer is option c.
Explanation:
Tougher licensing tests and costly sterilization will increase the cost of production for the piercing studios. The studios will be able to supply a lesser quantity of piercings at the same cost. This will cause the supply curve of piercings to move to the left.
This leftward shift in the supply curve would cause the equilibrium price of piercings to increase and the equilibrium quantity to decrease.
A research study that produces a correlation coefficient of -0.90 indicates <u>B.a strong negative</u> relationship between variables.
Explanation:
- Statistics divide in descriptive,predictive, inferences.
- Descriptive statistics is to describe the data.
- Predictive is to expect the future.
- Inference is to find the sample of conclusion or reasoning.
- In order to find a predictive model, 1st we need to apply.
- Association rule, One variable in relationship with other.
- Strong positive Correlation,No correlation, weak correlation, negative,
- weak negative correlation.
- 1.00 is strong correlation and -1.00 is negative correlation.
- Negative correlation means as y axis is increasing x axis is decreasing.
- Scatter plot is the best example to give positive or negative correlation.
- It is easier to create a trend line also.