When supply increases, the supply curve shifts to the right.
<h3>What is the supply curve?</h3>
This is the curve that is used to show the amount of goods that the producers would be able to make available for the market at a particular price. The supply curve shifts to the right when there is an increase in supply in the economy.
Hence this answers our question by saying that When supply increases, the supply curve shifts to the right.
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d. time period and b. internal factors
An <u>inferior good.</u>
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For inferior goods, when income rises demand falls.
C serve only as investors, as general partners take on all the risk and operation of the company, while limited partners invest their money, but don’t take part in the decisions of the company.
Hope this helps!
Answer:
True
Explanation:
Profit per hour on sweater = 60/3 = 20
Profit per hour on pants = 50/2 = 25
It makes more sense to devote my time to making pants, so the right answer is True. A caveat though, in one hour one pair of pants won't be produced, as it takes two hours to produce one pair.
