1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
astra-53 [7]
2 years ago
7

Which of the following is an example of the law of supply?1. The price of gum has increased so producers are making more gum. 2.

Producers provide less of a good when the price increases. 3. The amount of a good purchased increases when the price decreases. 4. The price of labor has increased and producers decrease supply.
Business
1 answer:
polet [3.4K]2 years ago
3 0

Answer:

Option 1 is correct.

Explanation:

Law of supply indicates that there is a positive relationship between the price of a commodity and the quantity supplied of that commodity. This means that an increase in the price of a commodity then as a result there is an increase in the quantity supplied of that commodity because it will become more profitable for the producers to produce more and supply more.

You might be interested in
Troy, a human resource manager, is investigating why the turnover in his company’s accounting department has spiked in the last
shusha [124]

Answer:Assessment, training, and counseling

Explanation:

Assessments is a process by which a counselors collect data of information about their clients and the problems with which they present,by regularly assess your clients, throughout the counseling process.

Training means learning to do something or teaching others to do something.Training is developing oneself or others,by improving capability, capacity, productivity and performance.

counseling is guidance or advice provided to help someone resolve difficulties or decide issues,which is achieved through purposeful conversation.

8 0
2 years ago
In 2008, at the depth of the great recession, the fed moved toward a zirp policy when it aimed to keep the federal funds rate be
OleMash [197]
The Fed, America's national bank, last brought rates up in June of 2006, by 25 premise focuses to 5.25%. It soon ended up turning around course, as a lodging bust offered route to the Great Recession; since December of 2008, the Fed's benchmark financing cost has been set at in the vicinity of 0.0% and 0.25%.
7 0
2 years ago
The Accumulated Depreciation account is shown on the balance sheet as a liability. 1. is a contra asset account with a credit ba
inessss [21]

Answer:

Option 1 is correct because accumulated depreciation account is contra asset account and has a credit balance that is adjusted in the balance sheet. This accumlated depreciation is adjusted against the value of the asset when the asset is sold or disposed off.

Explanation:

Other options are incorrect because Accumulated depreciation is contra asset account and is credit in nature, not debit in nature. Furthermore, saying that accumulated depreciation account is contra revenue account which is also incorrect.

4 0
3 years ago
Read 2 more answers
__________ is/are defined as the entire set of values, ideas, or attitudes shared among or learned from the members of a group
kodGreya [7K]

Answer: Culture

Explanation:

 Culture is the refers to the set of values, attitude and the ideas that are shared among the team members and the word culture is derived from the french word which means cultivation and the earth.

According to the given question, the culture is the defined as the knowledge for the specific religion or the group in the society. When we used to share the traditions, expectations and the beliefs withing the specific society or a group.

There are basically two types of culture that are as follows:

  • Material culture
  • Non-material culture

Therefore, Culture is the correct answer.

8 0
2 years ago
What would be the amount of deposits D, given that the monetary base MB $750 billion, the required reserve rate (r) -0.1, the ex
Thepotemich [5.8K]

Answer:

$574.71 billion.

Explanation:

The formula for calculating amount of deposits is as follows:

D= \frac{1}{(C/D)+rr+(ER/D)}\times MB

where,

D = Deposits

rr = required reserve rate

ER/D = excess reserve rate

C/D = non-bank currency to deposits

D= \frac{1}{(1.2)+0.1+(0.005)}\times 750

D = 574.712644

D = 574.71

Therefore,  the amount of deposits is $574.71 billion.

4 0
3 years ago
Other questions:
  • The executive managers of Auto International, a U.S.-based multinational car manufacturer, want to reduce the vulnerability of t
    9·1 answer
  • Suppose consumer income increases. If grass seed is a normal good, the equilibrium price of grass seed will a. decrease, and pro
    12·1 answer
  • The primary of financial reporting is to provide financial information about companies that is useful to capital providers for d
    7·1 answer
  • How much does it cost to declaw a cat at petsmart?
    10·1 answer
  • If variable manufacturing overhead is applied on the basis of direct labor-hours and the variable overhead rate variance is favo
    5·1 answer
  • Jipsom and Klark were partners with capital account balances of $80,000 and $100,000, respectively. Looney directly paid $32,000
    15·1 answer
  • Under a capitalistic system, decisions such as what goods and services to produce, what to charge, and how much to import or exp
    11·1 answer
  • Dual Advertising/Co-branding partnership what is it?
    11·1 answer
  • The amount of profit you receive from your investments is usually measured as a percentage of your investment. which of the foll
    9·1 answer
  • John has two hours before having to go to his part-time job. He is deciding between studying for a math exam and taking a nap. I
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!