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Molodets [167]
2 years ago
7

________ means the supply curve has shifted to the right, while ________ refers to a movement along a given supply curve in resp

onse to an increase in price.
Business
1 answer:
Flauer [41]2 years ago
5 0

<u>An increase in supply</u><u> means the supply curve has shifted to the right, while </u><u>an increase in quantity supplied </u><u>refers to a movement along a given supply curve in response to an increase in price.</u>

What would shift a supply curve down and to the right?

  • In contrast, a drop in input costs will cause the supply curve to move to the right. Technology.
  • An increase in technology will shift the supply curve to the right. Conversely, a decrease in technology will shift the supply curve to the left.

What does it mean when the supply curve shifts to the right?

  • When demand is constant and supply is increasing, the supply curve moves to the right, creating an intersection where quantity and prices are lower.
  • On the other hand, a negative change in supply causes the curve to move to the left, raising prices and lowering quantity.

Which would cause a shift in the supply curve ?

  • When a change is brought about by a source other than price, the supply curve shifts.

Learn more about supply curve

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E. An exponential curve.
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4 years ago
The standardization strategy uses __ marketing activities across national boundaries whereas the adaptation strategy uses a ____
nadezda [96]

Answer:

The correct answer is letter "C": similar; differentiated strategy.

Explanation:

The advertisement of a product can be shaped according to the region where the good or service will be offered whereas, in some other cases, changes in marketing can be minimal or null. In such scenarios, the standardization approach uses the same marketing method for every country where the company has a presence. This will only work if consumers worldwide have similar needs and preferences.

The differentiated strategy, instead, links customers' expectations, patterns, and cultures with the marketing processes of the firm. This approach aims to give a tailored good or service to different consumers and is mostly used.

8 0
3 years ago
Larson Company employs a periodic inventory system and reported the following inventory information for the month of August: Aug
grigory [225]

Answer:

LIFO Method

Income Statement

$ 243,216 Sales

-$ 144,300 Cost of Goods

-$ 29,000 Operating Expenses  

$ 69,916 Gross Profit  

$ 69,916 Net Income BEFORE Taxes

-$ 27,267  Tax RATE 39%  

$ 42,649 Net Income after Taxes

Explanation:

With the LIFO Method of Inventory the Gross Profit it's a little lower than with the Weighted Average Method.

The LIFO method means that the first units that are sold  must be at the cost of the last unit purchased an so on.  

The Cost of Goods it's determined by the last purchases made by the company and the inventory it´s valuated   at the cost of the initial units purchased.

WEIGHTED AVERAGE      

Q       Unit USD                 Date inventory

$ 2,600 $ 27                   August 1 Beginning

-$ 1,100 $ 27 $ 29,700  August 6 Sold

$ 1,500 $ 27             Subtotal

$ 1,400 $ 36                   August 15 Purchased

$ 2,900 $ 31                    Subtotal

-$ 1,500 $ 31  $ 47,017   August 18 Sold

$ 1,400 $ 31            Subtotal

$ 0,900 $ 29                   August 23 Purchased

$ 0,600 $ 23                         August 26 Purchased

$ 2,900 $ 29              Subtotal

-$ 2,300 $ 29 $ 66,448  August 29 Sold

$ 0,600 $ 29               Subtotal

$ 1,500 $ 40                   August 30 Purchased

$ 2,100 $ 37 $ 143,166 Subtotal

LIFO    

Q Unit Date inventory                        USD

$ 2,600 $ 27 August 1   Beginning  

-$ 1,100 $ 27 August 6  Sold         $ 29,700

$ 1,500 $ 27                          Subtotal  

$ 1,400 $ 36 August 15 Purchased  

-$ 1,400 $ 36 August 18 Sold         $ 50,400

-$ 0,100 $ 27 August 18 Sold           $ 2,700

$ 1,400 $ 27                         Subtotal  

$ 0,900 $ 29 August 23 Purchased  

$ 0,600 $ 23 August 26 Purchased  

-$ 0,600 $ 23 August 29 Sold         $ 13,800

-$ 0,900 $ 29 August 29 Sold          $ 26,100

-$ 0,800 $ 27 August 29 Sold          $ 21,600

$ 0,600 $ 27                         Subtotal  

$ 1,500 $ 40 August 30 Purchased  

$ 2,100   Subtotal $ 144,300

3 0
4 years ago
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Answer:

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E.g. many maquiladoras work in the textile industry, where they import all the materials they need, and then they manufacture clothes which are exported to other countries.

5 0
3 years ago
Wealth creating transactions are more likely to occur a. ​With private property rights b. ​With contract enforcement c. Both a a
Marina86 [1]

Answer: C

Explanation:

Wealth is the gradual gathering of profits, assets or income over a period of time. It is the gradual increase in ones assets over a sustained period.

Wealth creating transactions can be found both in contract enforcement and private property rights. The prosperity and economic development of a country can be attributed to the respect accorded to its citizens property rights.

Property rights gives room for entrepreneurship which can eventually lead to wealth accumulation. Contract enforcement also generate wealth for individuals.

8 0
3 years ago
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