The conclusion that can be drawn about the number of books supplied for $16 when an important production input of books increases is that the <u>quantity supplied</u><u> is reduced</u>.
<h3>How do production costs affect supply?</h3>
When production costs (input) increase, the quantity supplied at a given price decreases.
Conversely, a decrease in production costs increases the quantity supplied.
Thus, the conclusion that can be drawn about the number of books supplied for $16 when an important production input of books increases is that the <u>quantity supplied</u><u> is reduced</u>.
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Answer:
Increased turnover
Explanation:
Turnover is simply any permanent movement or departure of employees beyond organizational boundaries that has being set.
Types of Turnover includes;
1. Functional vs Dysfunctional
2. Voluntary vs Involuntary
3.Controllable vs Uncontrollable
An Increases in turnover will cause;
1.The retention costs fall (individuals are leaving so costs of retaining them fall)
2. The Turnover costs increase as more people are leaving.
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Answer:
D) Higher than the total output that would be produced if the market were a monopoly but lower than the total output that would be produced if the market were perfectly competitive.