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netineya [11]
3 years ago
10

If the market for a certain product experiences an increase in supply, which of the following effects is expected to occur? a. E

quilibrium price would fall. b. Equilibrium quantity would rise. c. Equilibrium price would rise. d. Both a and b are correct.
Business
1 answer:
garri49 [273]3 years ago
5 0

Answer:

D. Both a and b

Explanation:

There exist an inverse relationship between the amount of goods supplied and the prices of those commodities assuming demand remains constant. When the market of a certain product experiences an increase in supply the Equilibrium price would fall since there's more supply than demand. Also the, equilibrium quantities of those goods supplied would also increase because again supply is greater than demand.

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Crowding out refers to the situation in which Group of answer choices borrowing by the federal government raises interest rates
goldenfox [79]

Answer:

Crowding out refers to the situation in which borrowing by the federal government raises interest rates and causes firms to invest less - option A.

Explanation:

Generally, a condition whereby a persistent government borrowing decreases the likelihood of the government repaying the borrowed loan or credit and consequently raises the interest rate is referred to as Crowding out. This situation would cause a decline in private investment level by the companies or firms.

Therefore, borrowing by the federal government raises interest rates, causing firms to invest less is the correct answer.

6 0
3 years ago
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kirza4 [7]

A company's product is taking market share from another product in the same company. this process is known as Cannibalization.

<h3>What is Cannibalization in business?</h3>

In business, the phenomenon of Cannibalization occurs when a product that a company makes ends up taking the market share of another product that the same company makes.

The product that does the taking of market share is often a new product that has better qualities and so is sought after by the customers of the same company.

Find out more on product cannibalization at brainly.com/question/17772125

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5 0
2 years ago
In terms of the tax formula applicable to individual taxpayers, which of the following statements, if any, is correct?
creativ13 [48]

Answer:

The correct answer is a. In arriving at taxable income, a taxpayer must choose between the standard deduction and itemized deductions.  

Explanation:

In tax law, the tax base is the magnitude that results from the measurement of the taxable event. It is defined as the dimension or magnitude of an element of the objective budget of the taxable event that is judged as determining the relative contributory capacity.

In tax legal relations, the taxable event shows the existence of an economic capacity in the subjects, but for the tax to be applied, this fact must be assessed in some way, usually in monetary units.

The tax base is ultimately the magnitude that is used in each tax to measure the economic capacity of the subject, such that it is reflected in ceilings.

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OleMash [197]

Answer:

The answer is true

Explanation:

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All the line items found in cash flow statement are found in the income statement and balance sheet.

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Cash received from customers can be gotten from revenue(income statement) and accounts receivable(balance sheet)

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6 0
3 years ago
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melamori03 [73]
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