All categories

3 years ago

A leftward shift of the supply curve for oil in the united states is most likely to result from:

Business

1 answer:

Pavlova-9 [17]3 years ago

4 0

I guess the correct answer is An increase in the costs of exploration and drilling for oil

A leftward shift of the supply curve for oil in the United States is most likely to result from an increase in the costs of exploration and drilling for oil.

You might be interested in

If output is produced according to Q = 5Lk (L is the quantity of labor and k is the quantity of capital), the price of K is $12,

sattari [20]

Answer:

The option E is correct

Explanation:

Solution

Given that:

The output manufactured to Q = 5Lk

Where L= Labor quantity

k=Capital quantity

The price of K= $12

The price of L =$6

Now,

We find the combination of both K and L that will produce 4,000 units of output.

MPL/MPK is defined as the cost minimizing combination = w/r

Thus,

MPL/MPK = D(Q)/dl = 5k

same will be done for L,

MPL/MPK = D(Q)/dk = 5L

We divide 5K and 5L

So,

5k/5L =$6/$12

k/L = 1/2

Thus,

k =L/2

Now, when we substitute the value L = 2k in Q we have the following below:

Q = 5k * (2k)

Given that Q = 4000

So,

4000=10k2

4000=k2

we divide

k =20

L = 2k = 2820

= 40

Therefore, L =40, k = 20

8 0

3 years ago

One advantage of automatic stabilizers over discretionary fiscal policy is that automatic stabilizers do not produce a cyclical

Novay_Z [31]

The best answer for this statement would be:

are not subject to the timing problems of discretionary fiscal policy

<span>There is a fact that automatic stabilizers increase the chance of depleting the budget deficits, even in times of recessions. While discretionary fiscal policy is more of identifying the lags to enact the change in fiscal policy.</span>

4 0

3 years ago

Because both cities are located quite far from each other, a company can charge different prices in each without fear of reselli

Gemiola [76]

Answer :$3

Explanation:

Considering the distance between each city the company will charge $3 for the top up on each product they sell. Distance contributes to price difference for industries, as their products are being sold in different location there is usually a need to sell with an additional cost by the company to meet up with needs and adjustment caused by the divers location.

3 0

3 years ago

The citrus growers who collect mature oranges from the grove would be considered what in the value chain

slava [35]

Answer:

Inbound logistics.

Explanation:

Value chain is the process in business which adds value to the product. The activities in value chain involves the manufacturing till the after sales service. The value chain activities are, Inbound logistics, operations, outbound logistics, marketing and sales, after sales. The process of collecting mature oranges is considered as inbound logistics in value chain.

7 0

3 years ago

Fran is the project manager in her organization. She reports to a PMO (project management office) that takes control of the proj

WINSTONCH [101]

Answer:

Directive PMO

Explanation:

A project management office(PMO) refers to creation of groups and departments within an organization so as to define standards and to ensure those standards are met.

In a directive form of project management office, it completely takes over projects and allots resources, and assigns project managers to projects.

In such a form of Project management office, the project managers are supposed to report to such directive offices.

In the given case, since Fran reports to such a PMO form which assumes control of the projects and manages the project, this is a directive form of project management.

8 0

3 years ago