Answer:
The supply of tortillas decreased
Explanation:
A shift to the right of the demand curve signifies a "increase in demand," whereas movement along a particular demand curve signifies a "increase in quantity demanded." The correct response is option (B).
<h3>What is increase in demand?</h3>
A rise in demand will cause a rise in the equilibrium price and an increase in supply, all other things being equal. Reduced demand will result in a decrease in the equilibrium price and an increase in supply.
An rise in the quantity needed results from a decrease in the cost of the good (and vice versa). A demand curve depicts the amount desired and any market price. A change in quantity demanded is represented as a shift along a demand curve.
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Buying an established business means already has books set up & has loyal customers
Answer: The law sets minimum standards of behavior while ethics set maximum standards. Laws are created and enforced by governments based on society's ethics to mediate our relationships with each other and to protect their citizens.
Answer:
I and IV are correct.
Explanation:
The reduction in the personal taxes and in the Social Security withholding taxes are considered as the expansionary fiscal policy. Fiscal policy refers to a policy that is used by the government for monitoring and influencing a nation's economy. Government adjust the expenditure, investment and taxes for maintaining the stability in an economy.
If there is a fall in level of tax rate then this will increase the disposal income of the consumers and hence, an increase in the aggregate demand. Therefore, there is a rightward shift in the aggregate demand curve.
Expansionary fiscal policies refers to the policies which increases the aggregate demand in an economy.
