Answer:
The decrease in supply creates an excess demand at the initial price. a. Excess demand causes the price to rise and quantity demanded to decrease. ... A decrease in demand and an increase in supply will cause a fall in equilibrium price, but the effect on equilibrium quantity cannot be determined.
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Answer:
The correct answer is Scientific Management
Explanation:
The Principles of Scientific Administration is a monograph published by Frederick Winslow Taylor in 1911. This influential monograph, which ordered the principles of scientific administration, is a transcendental text of modern organization and decision theory that has motivated students and administrators about administrative technique. Taylor was an American manufacturing manager, mechanical engineer, and subsequently an administrative consultant in later years. This character is commonly known as "The Father of the Scientific Administration." His approach is also referred to as Taylor Principles or Taylorism.
Answer:
right, increase, increase, decrease
Explanation:
In simple words, a decrease in taxes will result in more disposable income to the individuals which will further lead to increase in demand. Increase in demand will shift the overall economy curve to grow leading to increase in output and consumption.
As per the crowding out effect, the decrease in taxes will increase demand and spending leading to inflation which causes money to value less. Hence individuals will mostly consume their income and will invest less.
The answer is D. Markets are usually a good way to organize economic activity.
Pizza and sub sandwiches are substitutes. if the price of pizza decreases, this will cause: an increase in the quantity demanded and no change to the quantity supplied
What are substitutes?
Substitutes are goods that are used as alternatives, which means that the fact the decrease in price of pizza means that the quantity demanded would rise as more are demanded as the price reduces and vice versa.
There would be no change in quantity supplied because price decrease is not favorable for the suppliers of pizzas, since they would want to supply more at a higher price instead of supplying more at a lower price
Find out more about substitutes on:brainly.com/question/23350334
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