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RoseWind [281]
2 years ago
6

As the market price of a service increases, more potential sellers will decide to perform that service because: higher prices le

ad to lower opportunity costs. more potential sellers will find that the market price exceeds their reservation price. higher prices result in higher revenue. it's more prestigious to produce high-priced services.
Business
1 answer:
san4es73 [151]2 years ago
6 0
The correct choice from the given options is "<span>more potential sellers will find that the market price exceeds their reservation price".

A seller will supply an extra unit of yield if the market cost is more prominent than or equivalent to the merchant's opportunity cost of creating an extra unit. In this way, as the market value rises, sellers that have higher opportunity costs will have more chances to enter the market.
</span>
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Answer:

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7 0
3 years ago
The following information pertains to the Packer Corporation. Calculate the cost of goods sold for the period:
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Answer:

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Explanation:

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3 years ago
Read 2 more answers
The price elasticities of supply and demand affect A. the tax incidence but not the size of the deadweight loss from a tax. B. b
stira [4]

Answer:

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3 years ago
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