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Nastasia [14]
3 years ago
15

If the demand for movies increases at the same time as the movie industry adopts labor-saving technology for producing movies, t

he equilibrium price for movies will increase, but the effect on the equilibrium quantity of movies is ambiguous.
a. true
b. false
Business
1 answer:
Ber [7]3 years ago
8 0

I believe that the correct answer to this is:

“False”

 

<span>If the price of a certain product or service increase and there are available substitutes to it, then the demand quantity for that product or service will decrease. So in this case, the equilibrium quantity would decrease hence false.</span>

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During the summer you have made the decision to attend summer school, which prevents you from working at your usual summer job i
sveta [45]

Answer:

$8,000

Explanation:

Opportunity cost is the cost of the next best option forgone when one alternative is chosen over other alternatives.

Because I decided to attend summer school, I forgoed the opportunity of working and earning income. Therefore, my opportunity cost is the amount of income I would have earned if i chose to work instead.

I hope my answer helps you

7 0
3 years ago
Alex's Furniture Mart produces and sells tables in a perfectly competitive market. When Alex's Furniture Mart produces and sells
Tresset [83]

Answer:

e. decrease its level of table production

Explanation:

MC = 200.

Market price = 150 which cannot be changed by any firm.

MC is greater than price = MR then in order to maximise profit MR has to be equal to marginal cost

MC has to be decreases to $150 which is possible only when it reduces output.

6 0
4 years ago
According to the path –goal theory of leadership, path clarification means that the leader works with subordinates to help them
otez555 [7]

Answer:

True

Explanation:

The path-goal theory emphasizes a leadership style that enhances the performance of the subordinates by helping team members identify clearly the path through which they would accomplish their goals coupled with the fact that such accomplishment would be met by great rewards.

In achieving the desired results under the path-goal theory, employees are reminded of behaviors that would yield positive outcomes since the right attitude which is a product of behavior is important to deliver on job set targets.

Having the right positive mental attitude sets success apart from failure.

5 0
3 years ago
Read 2 more answers
Every night at 9 p.m., the phone rings with calls from companies you have never heard of asking you buy their products. You have
Cloud [144]

I believe the answer is: A. Federal Communications Commission

The federal communications commissions has the right to  regulate interstate communications through television, wire, radio, satellite, and cable. They can give a punishment for companies who conducting an harassment or violation of privacies like mentioned in the case above.

5 0
3 years ago
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You want to determine the upper control line for a p-chart for quality control purposes. You take several samples of a size of 1
timofeeve [1]

Answer:

0.08

Explanation:

"p" bar is the fraction defective.

"sp" is the standard deviation.

"n" is the sample size.

"z" is the number of standard deviations for a specific confidence.

And z = 3 (99.7 percent confidence) or

z = 2.58 (99 percent confidence) is used.

In this problem, p bar is 0.05 and sp= 0.01

thus, 0.05 + (3 x 0.01) = 0.08

The resulting UCL value for the line is 0.08.

7 0
3 years ago
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