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Naddik [55]
4 years ago
6

This is a graphic representation of the quantity producers are willing to produce at different prices.

Business
1 answer:
Mila [183]4 years ago
6 0

Answer:

The correct answer is: supply curve.

Explanation:

The supply curve is the graphical representation of the supply of a product. The supply of a product can be defined as the quantity of goods or services that a producer is willing to produce at a given time.  

The supply schedule shows the quantity the producers are willing to supply at different prices. Its graphical representation is the supply curve.  

The supply curve is an upward sloping curve indicating a positive relationship between the price level and the quantity supplied.

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Which of these situations are more likely to happen in a GOOD economy?
jeyben [28]

Answer:

I think

B. Carlos was able to finish a design bootcamp and

interview at many companies until he finds the job he likes

best.

8 0
3 years ago
Brendan buys a used car in April 2020 from his neighbor for $20,000. After one month, he loses his job and decides to sell the c
zubka84 [21]

Answer:

the increase in nominal GDP is $29,000

Explanation:

The computation of increase in nominal GDP is as follows:

= Selling value of car + difference

= $22,000 + ($27,000 - $20,000)

= $22,000 + $7,000

= $29,000

hence, the increase in nominal GDP is $29,000

We simply added the selling value and the difference

5 0
3 years ago
Which one of the following is not an assumption for the law of one price? a. There is free competition b. There is no transporta
icang [17]

Answer:

d. The skill level of workers is identical in both countries.

Explanation:

The Law of One Price is an economic theory which explains that the price of identical or similar goods in different markets must be the same after taking the currency exchange into consideration. In law of one price, there is perfect competition and It ensures that buyers have the same purchasing power across global markets.

8 0
4 years ago
Xavier and alex plan on retiring 27 years from today. at that time, they plan to have saved the same amount. javier is depositin
hammer [34]

The amount by which Alex's deposit amount vary from Javier's if Alex also makes a deposit today, but earns an annual interest rate of 6.2 percent is $3381.39.

<h3>How to calculate the value?</h3>

We use the formula:

A=P(1+r/100)^n

where

  • A=future value
  • P=present value
  • r=rate of interest
  • n=time period.

Hence future value Javier will be:

=$15000*(1.052)^27

=$58,954.40

For Alex:

58,954.40=P*(1.062)^27

P=58,954.40/(1.062)^27

=$11618.61

Hence difference will be:

=15000 - 11618.61

= $3381.39

Learn more about interest on:

brainly.com/question/2294792

#SPJ1

3 0
2 years ago
10
nata0808 [166]

Answer:

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7 0
2 years ago
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