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Alex777 [14]
3 years ago
13

Stricter environmental regulations and increased demand for energy have caused an increase in the demand for relatively clean na

tural gas. In the last several years, improved extraction technologies and new discoveries have increased the availability of natural gas. What has been the net effect on price and quantity for natural gas?a. Quantity sold and price both fell with certainty. b. Quantity sold fell and the effect on price is ambiguous. c. Quantity sold and price both rose with certainty. d. Quantity sold rose while the effect on price is ambiguous.
Business
1 answer:
scoray [572]3 years ago
5 0

Answer:

D) Quantity sold rose while the effect on price is ambiguous.

Explanation:

Two separate things happened here;

  • Change in consumer habits have shifted the the demand curve to the right, increasing the quantity demanded at every price level.
  • Better technology and lower costs have also shifted the supply curve to the right, increasing the quantity supplied at every price level.

One thing is certain, the quantity demanded and supplied increased, so the total quantity sold definitely increased. The price issue is not certain because you would need additional information about which shift was larger, the shift of the supply curve or the demand curve.

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Nestlé reports beginning raw materials inventory of 3,815 and ending raw materials inventory of 3,499 (both numbers in millions
Umnica [9.8K]

Answer is in the file below

tinyurl.com/wtjfavyw

3 0
3 years ago
BK Books is an online book retailer that also has 10,000 "bricks and mortar" outlets worldwide. You are a risk-neutral manager w
krek1111 [17]

Answer: Therefore, we should make her an offer at that salary

Explanation:

Based on the information given in the question,

Lowest salary = $60,000

Highest salary = $110,000

Expected Benefit = 5% × ($110,000 - $60,000) = 5% × $50,000 = $2500

The cost of conducting another interview will be:

= cost of time + cost of travel

= $750 + $4250

= $5000

Since the cost of conducting the additional interview is more than the expected benefit, therefore the interviewee should be hired rather than continuing the interviewing process.

Therefore, we should make her an offer at that salary.

7 0
3 years ago
Job specifications can be defined as: a. planned sequences of jobs through which employees may advance within an organization. b
Alona [7]

Answer:

Option d would be the correct approach.

Explanation:

  • The organized database of the important tasks required in carrying out a task that has been extrapolated from such a job description and used in job classification and assessment and personnel policies as well as positioning.
  • This usually includes tasks, intent, obligations, nature including employment conditions of a position including the description of the position, as well as the identity or description of the individual the input data to.

Many examples do not apply to the subject being discussed. So option d is indeed the right one.

4 0
3 years ago
The envelope method, notebook and pencil, and online
alexandr1967 [171]

Answer:

Tracking your spending?

3 0
3 years ago
Most banks now have customer relationship software that, when a customer contacts the bank, tells the service representative wha
Alenkinab [10]

Answer:

market penetration

Explanation:

According to my research on different business strategies, I can say that based on the information provided within the question this is a market penetration growth strategy. Selling more of an established product or service to customers that already purchase the product is a market penetration growth strategy. This is the case as long as the product is not newly developed.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

8 0
3 years ago
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