Answer:
3. the price of solar panels decreases and the quantity increases.
Explanation:
An increase in supplies results in reduced prices. As per the law of supply and demand, an increase in supply while holding the demand contact results in a decrease in price. Increase supply causes downward movements along the supply curve, pushing the prices lower. There will be many solar panels available in the market competing with for few buyers.
An increase in supplies means an increase in the quantities available in the markets. Buyers will have a large selection of solar panels to choose from.
Answer:
D) $27, 200
Explanation:
Cash in the checking account and petty cash are considered cash directly. Cash equivalents are securities that can be converted into cash within a 90 day period.
cash and cash equivalents are = checking account + petty cash + commercial paper = $20,000 + $200 + $7,000 = $27,200
Answer:
B. False
Explanation:
Opportunity cost of producing a good for the supplier are the profits that they could make from other goods that they are not producing, for example if a supplier is producing cars the opportunity cost are the profits that the supplier can make by producing other products instead of cars. This statement is wrong because when the price of a good increases the opportunity cost of producing the good does not change because the opportunity cost of producing the good depends on the price and profits of other goods. In this case when the price increases the suppliers will supply more of this good because the opportunity cost of not producing the good increases because they can make higher profits now.
Supply and demand coordinate to determine prices by working together. Supply refers to meeting the demand of something. When a business has a supply of something, they are meeting the demand of what the consumer wants to purchase. Demand is the amount of something and how badly consumers want to purchase something. The demand lets a business know how much to supply.
Answer:
ranboo he's so unproblematic and he's so funny
Explanation:
