Answer:
As there is a movement down the demand curve.A decrease in price does increase the quantity demanded and there is an increase in the equilibrium quantity But it does not lead to an upward movement in demand—a rightward shift of the demand curve—so prices does not increase in this instance
Explanation:
a. This statement makes a flaw attesting to a shift of a curve with a movement along a curve. A technological innovation lowers the cost of producing the good, which makes the producers to offer more goods at lower price. This is shown by a rightward shift of the supply curve from S1 to S2. the equilibrium price drops as a result of this, and the equilibrium quantity rises, as shown by the change from F1 to F2.
The statement "but a fall in price will increase demand for the good, and higher demand will send the price up again" is a flaw in the statement above for the following reasons.
As there is a movement down the demand curve.A decrease in price does increase the quantity demanded and there is an increase in the equilibrium quantity But it does not lead to an upward movement in demand—a rightward shift of the demand curve—so prices does not increase in this instance.
Answer:
C) $60,000
Explanation:
According to the §1231 look-back rule, any net §1231 gain of the year must be recaptured as current income to the extent of covering net §1231 losses that may have been deducted during the last 5 years.
In this case Ashburn must recapture $60,000 as ordinary income to match the $60,000 it had deducted as ordinary loss during the previous 5 years.
<span>Though leaders have been consistently avoiding
economic crisis, there are still some unavoidable events that cause a lot of
negative effect to the citizens. One of them is stagflation which is constituted
from high unemployment along with high inflation.</span>
Answer:
Job performance
Explanation:
Of the following, Job performance is the most closely aligned with employees’ perceptions of procedural justice.
Answer: The term structure of interest rates and the time to maturity are always directly related.
Explanation:
The term structure of interest rates shows the relationship between interest rates and the different maturity periods of bonds. Normally, these move in the same direction i.e., the higher the maturity period, the higher the interest rate.
This however is not a given. It might be expected for instance that interest rates might drop in future. In such a situation, the interest might reduce with a longer maturity period which would depict an inverse relationship instead of a direct one.
