Answer:
The correct answer is letter "C": decrease equilibrium price and increase equilibrium quantity
.
Explanation:
An increase in the number of sellers in a market of a certain good implies the quantity demanded for that good will increase, thus the equilibrium quantity will be higher. According to the demand law, if the quantity demanded goes up, the price is likely to decrease, so, the equilibrium price will be lower.
Thus, <em>the increase in sellers will raise the equilibrium quantity decreasing the equilibrium price.</em>
Answer:
$50,000,000; $55,000,000
Explanation:
In Macroland there is $10,000,000 in currency. The public holds half of the currency and banks hold the rest as reserves. If banks' desired reserve/deposit ratio is 10%, deposits in Macroland equal <u>$50,000,000 </u> and the money supply equals <u>$55,000,000</u>
Answer: A. A QR code that is scanned and decodes information directly on the phone
Explanation:
This is the best option as QR codes are usually inserted into print media to give more information about something when they are scanned. They can even be used to give discounts.
Human technology has not reached the point where either pop-ups, interactive content, or image projections can appear on print media so options B through E are wrong.
A compute the company’s net sales for the year