Answer: Increase
Explanation:
According to the Law of Supply and Demand, If the demand for the good is higher than the supply, the price will be higher to reflect the relative scarcity and if the demand is lower than supply, the price will be lower to reflect the relative excess.
In this case the quantity demanded is higher than the quantity supplied so the price will have to increase to reflect the relative scarcity of the good.
Answer:The answer is a
Explanation:
A contract is an agreement between two or more parties which contains the terms and conditions of the contract and which also serve as an evidence that the two parties in the contract has a duty to perform to each other. The terms and conditions of the contract can be enforced in the court of law in case of a breach of contract which may come from either parties in the contract agreement. While, a contract interference is a kind of breach of contract in which one vendor put a pressure on the organization in which they offer service to withdraw from the contract the organization earlier had with one of their competitors in the market. This contract interference can occur when a vendor either force or put a financial inducement on the organization with a view to make them consider their proposal to the organization to eventually agree to abandon the contract they had with their competitors in favour of getting the contract instead of their competitors who should get the contract.
Therefore, from what we can deduce from the question under review, it is clear that A plus linen has engage in contract interference by offering John C Lincoin hospital $5 for every 100 pound of linen they send to them by dropping their current linen service.
Answer:
b. Ralph is bound on the basis of Wanda's apparent authority.
Explanation:
Since in the question it is mentioned that wanda to hire nick for the managerial question but for that she wants to do certain pension commitments
Now After some years, nick sues ralph for the fulfill the pension commitments so here the ralph would be founded based on the authority of Wanda
So the option b is correct
And, the rest of the options would be incorrect
Answer: d. supply at different prices after the entry and exit of firms is completed.
Explanation:
The industry supply curve simply shows the relationship that exist between the price at which a good is sold and the industry's total output.
The long-run industry supply curve simply refers to the graphic representation of the quantity of output that the industry is prepared to supply at different prices after the entry and exit of firms has been completed.
At the long-run industry supply curve, it depicts the locus of price and the output produced in that industry as each firm aims to maximize profit.
Answer:I believe it is A,
Explanation:
because when demand increases so does price. That is called demand-pull inflation. This also means economic conditions are strong.
