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3 years ago

Describe how a change in the price of resources affects quantity supplied for products ?

Business

1 answer:

Molodets [167]3 years ago

5 0

Answer:

An increase in price almost always leads to an increase in the quantity supplied of that good or service, while a decrease in price will decrease the quantity supplied. The law of supply assumes that all other variables that affect supply are held constant

Explanation:

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Which is an example of an effective study skill?

Naddik [55]

Answer:

Teaching or asking a study partner the questions.

Explanation:

When you teach someone you take in the knowledge better and get to help someone else out.

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3 years ago

Rent controls force landlords to price apartments below the equilibrium price level. An immediate effect is a shortage (excess d

Lerok [7]

Answer:

D) The quantity of available rental housing units falls.

Explanation:

Price ceilings often carry long-term disadvantages, such as shortages, extra charges, or lower quality of products.

Price Ceilings major long-term effect is for goods to be in high demand but supply to be in shortfall creating an ongoing presence of a black market

Therefore when cities prevent landlords from charging market rents, the definite consequence and common long-run outcomes is that the quantity of available rental housing units falls.

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3 years ago

The duties of the ______ involve reviewing the organization's financial objectives and major strategies, providing advice to top

Svet_ta [14]

It should be noted that duties of the board of directors involve reviewing the organization's financial objectives and major strategies in organization.

<h3>Who were board of directors?</h3>

board of directors can be regarded as the elected group of individuals that represent shareholders.

They provide advice to top management, and reviewing systems to ensure compliance with laws and are governing body .

Learn more about board of directors at;

brainly.com/question/4771644

5 0

2 years ago

Swanky Beverage Co. expects the following cash flows from its manufacturing plant in Palau over the next 5 years: Year Annual Ca

posledela

Answer:

Total PV= $18,706,201.3

Explanation:

Giving the following information:

Year Annual Cash Flows:

1 $4,200,000

2 $4,550,000

3 $6,000,000

4 $4,800,000

5 $3,500,000

Discount rate= 7.5%

<u>To calculate the present value, we need to use the following formula on each cash flow:</u>

<u></u>

PV= FV/(1+i)^n

Cf1= 4,200,000/1.075= 3,906,976.74

Cf2 = 4,550,000/1.075^2= 3,937,263.39

Cf3= 6,000,000/1.075^3= 4,829,763.42

Cf4= 4,800,000/1.075^4= 3,594,242.54

Cf5= 3,500,000/1.075^5= 2,437,955.21

Total PV= $18,706,201.3

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4 years ago

McQuilkin and Copan adopt different positions toward capitalism and socialism. Which author is more favorable to free market cap

Nimfa-mama [501]

Answer:

Paul Copan

Explanation:

Dr. Robertson McQuilkin can be considered a very biblical man, and as such, would always favor socialism more than free market capitalism. His phrase "Capitalism is for freedom, socialism is for equality" and the fact that he believed in a strict following of the Bible, you make him a more socialist person.

Dr. Paul Copan is also a very religious man, but his views are less extreme than Dr. McQuilkin's. He is more pragmatic and argues in favor of religion from a more neutral or agnostic point of view. He even argues that religious beliefs and economics are not mutually exclusive.

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3 years ago