Answer:
Walking to the convenience
store to buy a snack.
Answer:
The correct answer is letter "C": the quantity of coffee sold can increase if the supply curve shifts to the right.
Explanation:
The demand theory establishes the relationship between the price of a good or service and the quantity demanded. If the price rises, the quantity demanded lowers -<em>the demand curve moves to the left</em>. If the price lowers, the quantity demanded rises -<em>the demand curve moves to the right</em>.
The supply theory states a direct interaction between the price of a good or service and the quantity supplied. It means if the price rises, the quantity supplied rises -<em>the supply curve moves to the right</em>. If the price lowers, the quantity supplied lowers -<em>the supply curve moves to the left</em>.
In this case, as the demand for the coffee has expanded, it could increase if the demand rises. If the demand rises there must be more supply of coffee which implies moving the supply curve to the right.
Answer:
an increase in the price of soccer balls.
Explanation:
Soccer balls are made of polyethylene and other petroleum oil derivates. An increase in the price of oil will lead to increased price of soccer balls, because the raw material price has gone up.
Kayaks also have raw materials derived from oil that is why they are experiencing a rise in price.
Kayaks and soccer balls will have a directly proportional relationship due to their common raw material source- oil.
Answer: By implementing the principles of management such as planning, organization, leadership and control, it would influence the dynamics of the company, which would automatically improve processes.
Explanation: If managers ensure that the actions are implemented correctly, the organizational culture will work according to the principles and the results can be measured.
