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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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When supply and demand meet at the equilibrium point, then prices in the market will?
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Supply is the total quantity of a specific good and service that are available to the consumers in the market while demand is the amount or quantity of goods and services that consumers are able and willing to buy in the market. Equilibrium point is the point at which the demand curve meets the supply curve such that the quantity demanded is equal to the quantity supplied. Therefore, at this point prices in the market will be at equilibrium (equilibrium price) which are not too high or too low. 
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4 years ago
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Banks pay interest to customers through a
nexus9112 [7]

Answer:

mortgage account

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I like that among us account perfect

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3 years ago
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all of these are costs of nonconformance except: a. training. b. rework and repair. c. scrap. d. liability judgments.
Juli2301 [7.4K]

All of these are costs of nonconformance rework and repair, scrap,  liability judgments except<u>  </u><u>training.</u>

<u />

What does liability mean?

A person's or organization's financial responsibility for any losses or damages caused to another person or organization is referred to as "liability" in law. It generally refers to the responsibility to pay for any damage caused by one's own actions or negligence.

What does Organization mean?

Organization is the process of structuring and coordinating the activities of people and resources in order to achieve a goal or set of goals. It entails establishing or creating distinct lines of authority, responsibilities, communication, and decision-making. Setting goals, planning, controlling resources, and assessing progress are all part of the process.

Therefore the option A. <u>training</u> is the correct option.

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4 0
1 year ago
2. What are two measures of inflation?
ddd [48]

Answer:

CPI and WPI

Explanation: Consumer Price Index measures the percentage change in the price of a basket of goods and services consumed by households. Wholesale Price Index is the price of representative of basket of wholesale goods.

8 0
3 years ago
Under Armour used product placements in Any Given Sunday to help promote the brand. This likely involved the company paying cash
riadik2000 [5.3K]

Answer: sponsorship

Explanation:

Sponsorship simply refers to a situation whereby a company or an organization puts money into a particular event so that the products or brand of the said company can be promoted.

Based on the scenario in the question, this type of arrangement is very similar to what your text describes as sponsorship. Since the company pays for its brand to be displayed, it is sponsorship.

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