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Answer:
A- A change in the technology used by firms.
Explanation:
A change in technology can affect the demand of products and services. It can lead to the increased demand for a certain product, reducing the demand for an older product.
With the use of technology to upgrade products and services, demand curves will continually shift, according to preferences of customers.
Technology could be used by firms to produce upgrades and newer variations of products at more favorable prices for customers than existing products. This leads to competition and the demand for the newer device goes up since people see the new product as 'getting more for less'. A good example is computers and tablets. Tablets which could match up with the work of computers were produced at lower prices. This shifted the demand towards tablets, making computers more obsolete.
What indicates the maximum quantity of a product that may be brought into a country in a specific period is a quota.
<h3>What does quota mean?</h3>
A quota is the maximum monetary value of a good and service that can be imported into a country for a specific period.
The purpose of a quota is to restrict the amount of import into a country so as to boost local production of the good for which the quota is placed. Quotas also limit foreign competition.
To learn more about imports, please check: brainly.com/question/26497713
Answer:
D. $4,600
Explanation:
Riley's casualty cost deduction comes from the substraction between the adjusted basis, which is the net cost of an asset after adjusting for various tax-related items, and the amount the insurance paid Riley.
A. By eliminating the effects of price increases on GDP growth. Nominal GDP is calculated using the current prices while Real GDP is adjusted for inflation.