Answer:
Decreases by 50 percent
Explanation:
The law of supply asserts that other things remaining constant, the quantity of goods and services supplied increases as price rises. Therefore, the price and quantity supplied are directly related. Should the price fall, the quantity supplied will also decrease. Producers will prefer to supply more when the price is high to make more revenue.
The supply curve is upward sloping indicating how quantity supplied changes at different price levels. In the case, the price has decreased from $4 to $2, which represents a 50 percent drop. The quantities supplied will decrease as per the law of supply. A 50 percent decrease may result in a similar decrease in quantity supplied as the supply curve is upward sloping.
Since this has to do with a debt that has been disputed by you, the number of days you have to send this letter is 30 days.
<h3>How Many Days Are Required to Send a Debt Dispute Letter?</h3>
Following the receipt of a phone call from a debt collector concerning a debt that has been disputed, the next action you must take is to write the debt collector a letter within 30 days after the initial contact.
After then, the debt collector must stop all collection attempts until the appropriate verification is acquired.
Learn more here: brainly.com/question/25919625.
If there is inflation, "then a firm that has kept its price fixed" for some time will have a low relative price. Relative-price variability rises as the inflation rate rises.
Option C
<u>Explanation:
</u>
Inflation is a mechanistic explanation of the rate by which, through a time period, the median level of prices of a chosen product and service basket rises in one economy.
When inflation happens, "a company that has kept its price set" will then have a relative low price for some time.
Depending on the circumstances perspective, inflation can be seen positively or negatively.
Those who have tangible assets, such as land or products, may like inflation, which raises their assets ' worth
Money investors may not like inflation, because the worth of their cash holdings is diminished.
