There are different aspects of demand curves. The answers is below;
- A cure for lung cancer is found: The demand curve, in this scenario, will shift to the right along as the cure for lung cancer is found which will also increase or move right.
- The price of cigars will also increases and the demand increases while the curve moves to the right
- Wages will also increase in states that grow tobacco, while the supply will decreases and the curve will moves left.
- A fertilizer that increases the yield per acre of tobacco is discovered, this will make supply increases and the curve moves to the right.
- There is a sharp increase in price of matches, lighters, and lighter fluid, This will make the demand decreases and the curve to go left.
- More states pass laws restricting smoking in restaurants and public places, this will make demand decreases and the curve to go left.
<h3 /><h3>Demand curve
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The demand curve is known as a curve that helps to give all the possible combinations of the price and quantity demanded of a product or service at a given time and in a graphically manner.
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Answer:
The correct option is (C)
Explanation:
Efficiency wages are higher than market wages that are paid by employers to motivate employees so that they perform better and their efficiency and productivity increase. Efficiency wages are directly proportional to productivity. The more the efficiency wage, higher will be labor productivity.
Efficiency wages are lie above equilibrium level. It helps in reducing labor turnover, improve labor efficiency and attract skilled employees.
Research demonstrates that companies with enlightened talent-management policies and programs have higher returns on sales, investments, assets, and equity.
Research is defined as creating new knowledge and/or using existing knowledge in new and creative ways to generate new concepts, methods, and insights. This may involve the synthesis and analysis of previous research to the extent that it leads to new creative results.
plays a key role in discovering new treatments and enabling existing ones to be used to their full potential. Research can find answers to the unknown, fill knowledge gaps, and change the way health professionals work.
Good research involves systematic planning and setting realistic time-based goals. It includes feasible research methods based on research methodologies that best suit the nature of the research question. It is based on sufficient relevant data and is reproducible and reproducible.
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Answer:
D. chooses its output to manipulate the follower to produce the output that most benefits the leader.
Explanation:
Strackelberg model is one where a market leader makes the first move and then the other followers firms follow sequentially.
For this model to be successful, the followers need to observe the leader and follow their lead in a production process or venture.
The market leader usually has an advantage that enables it make the first move.
For example a firm that has a monopoly in a market leads while new entrants follow.
In this model the market leader chooses an output and manipulates the followers to produce the same output, and this benefits the leader
