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zaharov [31]
3 years ago
8

Assume an increase in global agricultural production of food due to technology while global population remains the same. Due to

the outward shift in global supply of FOOD, what happens to the equilibrium price and quantity for food?

Business
1 answer:
MA_775_DIABLO [31]3 years ago
6 0

Answer:

The equilibrium price falls and quantity increases

Explanation:

When the supply of food rises without a corresponding increase in demand , there would be an excess supply.

When there's excess supply, prices fall and the quantity produced rises.

I hope my answer helps you

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3 years ago
Darwin Inc. sells a particular textbook for $29. Variable expenses are $21 per book. At the current volume of 44,000 books sold
Dvinal [7]

Answer:

The answer is A

Explanation:

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Therefore, fixed cost or expenses=

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Sidana [21]
A. usually have strict discipline at home

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