Answer: A. consumer expectation of an increase in their future income.
Explanation:
The supply curve is simply a graph that shows the relationship that is between the price of a particular good and the amount of quantity that is supplied.
A leftward shift in the supply curve for a good simply means that less of that good is supplied. All tye options will cause less of the goods to be supplied except consumer expectation of an increase in their future income.
Answer:
See below
Explanation:
A supply schedule shows the quantities that suppliers are willing to sell in the market at different prices. It is a table format with quantity on one column and prices on another. As per the law of supply, high prices lead suppliers to supply more at the market.
The supply schedule illustrates in a table format the relations between the price and the quantity supplied. It will show how the quantity increase as prices increases. The supply schedule is a tabular representation of the supply curve.
When researching your prospective business you should focus on your product and target customers.
It is TRUE because when you're looking at these factors you think of flexibility and whether or not you should choose a job. If your a mom you probably wouldn't choose a job where you had to work on weekends.
LeBron James would have the absolute advantage in mowing the lawn. This is because he can get in done in two hours rather than the four hours it would take Neighbor Scotty to do it. However, he would have a much higher opportunity cost, which is why Neighbor Scotty has the comparative advantage. He may not be able to mow the lawn as quickly as Lebron, but he can do it with a lowe opportunity cost.
