1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
LenKa [72]
3 years ago
9

8. Which of the following will cause a movement along the supply curve for oil? a. New technology to drill underwater in the Gul

f of Mexico. b. A change in the price of oil. c. An increase in the number of oil producing firms. d. Government subsidies to oil producers in Wyoming.
Business
1 answer:
mash [69]3 years ago
5 0

Answer:

The correct answer is letter "B": A change in the price of oil.

Explanation:

The supply curve for any good or service responds in front of changes in price. According to the supply law, if the price of a good or service increases so will the quantity supplied moving the supply law to the right. If the price of the good decreases so will the quantity supplied moving the supply curve to the left. The price-quantity supplied relationship is directly proportional.

You might be interested in
Miscavage Corporation has two divisions: the Beta Division and the Alpha Division. The Beta Division has sales of $310,000, vari
AnnyKZ [126]

Answer:

The correct answer is $95,100.

Explanation:

According to the scenario, the computation of the given data are as follows,

We can calculate the net operating income by using following formula:

Net operating income = ( Beta margin + Alpha margin) - Non traceable fixed expense

Where, Beta margin = Sales - variable expense - traceable fixed expense

= $310,000 - $155,100 - $71,300

= $83,600

And, Alpha margin = Sales - variable expense - traceable fixed expense

= $620,000 - $339,800 - $133,500

= $146,700

So, by putting the value in formula, we get

Net operating expense = ( $83,600 + $146,700 ) - $135,200

= $230,300 - $135,200

= $95,100

6 0
3 years ago
To write a check or make A with drawl when there isn’t enough money in account to pay for?
Irina18 [472]
It would be overdraw because you’re gonna take money out of your bank account etc.
6 0
3 years ago
Which of the following is mostly associated with the federal reserves role as the governments bank
Alecsey [184]
Indian currency value . and law and order RBI role
3 0
3 years ago
O’Hara Associates sells golf clubs, and with each sale of a full set of clubs provides complementary club-fitting services. A fu
makvit [3.9K]

Answer:

$60.00

Explanation:

Calculation to estimate the stand-alone selling price

Hara Amount $ Note

Staff compensation $50.00

Mark up % 20%

Mark up amount $10.00

(20%*$50)

Standalone selling price of club fitting services $60.00

($50.00+$10.00)

Therefore the estimated stand-alone selling price will be $60.00

8 0
3 years ago
4. what influence may rising house prices have on inflation?
Talja [164]

Answer:

Explanation:

There is a correlation between inflation and house prices. ... When interest rates are low, buying homes can be more affordable and increase the demand for homes. If the supply of homes remains constant and the demand increases, then the prices of homes will increase.

7 0
2 years ago
Other questions:
  • Privacy concerns dictate that?
    10·2 answers
  • You and your new Australian bride Matilda, are applying for a loan and are required to submit a balance sheet with your net wort
    11·1 answer
  • Mossfeet Shoe Corporation is a single product firm. The company is predicting that a price increase next year will not cause uni
    7·1 answer
  • started with total assets of and total liabilities of . At the end of ​, total assets stood at and total liabilities were . Requ
    10·1 answer
  • "Institutional portfolio managers have been allocating an increasing percentage of their funds to cash and cash equivalent posit
    8·1 answer
  • Describe how a free market works
    14·1 answer
  • The risk free rate currently have a return of 2.5% and the market risk premium is 5.77%. If a firm has a beta of 1.42, what is i
    5·1 answer
  • Within the manufacturing plant of Reliable Garment Production Co., a company that makes clothing for many of the top fashion lab
    6·1 answer
  • Wendy claims that the right mix of hamburgers and other goods is being produced, but that they are not being produced in the lea
    8·1 answer
  • What is a​ long-term purchase commitment to a supplier for items that are to be delivered against​ short-term releases to​ ship?
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!