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mixas84 [53]
3 years ago
15

Suppose the demand for wheat increased dramatically between 1950 and 2000 but the equilibrium quantity increased only slightly.

Absent any other​ changes, what could explain the small increase in the equilibrium​ quantity? The equilibrium quantity of wheat could have increased only slightly given a dramatic increase in demand because
Business
1 answer:
Dahasolnce [82]3 years ago
4 0

Answer:

Because Demand is more Inelastic.

Explanation:

Market Equilibrium is determined where Market Demand = Market Supply & upward sloping supply curve, downward sloping demand curve intersect .

If Demand is more inelastic (less respondent to price) , the demand curve is steeper. This implies massive increase i.e rightwards shift in demand curve - would establish new equilibrium with equilibrium quantity increased slightly.

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_____ protect consumers against harm from products on the market.
vivado [14]

The correct answer is the government regulations. The government regulations are being placed and established by means of ensuring that the market are able to run effectively and to be able to protect the consumers through the regulations by which the government agencies are responsible for regulating and implementing the policies.

4 0
4 years ago
You can afford a $200 per month car payment. You've found a 3 year loan at 4% interest. How big of a loan can you afford
Morgarella [4.7K]

Based on the payment you can afford, the interest rate, and the number of years, the loan you can afford is $6,774.15

<h3>What size of a loan can you afford?</h3>

First find the monthly interest rate:

= 4% /12

= 1/3%

Number of periods:

= 3 x 12

= 36 months

The loan you can afford can be found as:

= Payment x ( 1 - (1 + rate) ^ -number of periods) / rate

= 200 x (1 - (1 + 1/3%)⁻³⁶) / 1/3%
= $6,774.15

Find out more on loans at brainly.com/question/15088278.

4 0
3 years ago
"the ___________ is the highest-ranking is manager, responsible for all ______ planning in the organization"
stira [4]
1.) CIO
2.) STRATEGIC 
3 0
4 years ago
Researchers at shipping giant Federal Express want to study delivery patterns and their relationship to customer complaints. Fed
Aleks04 [339]

<u>Full question:</u>

Researchers at shipping giant Federal Express want to study delivery patterns and their relationship to customer complaints. Federal Express uses a system that electronically tracks packages from the time a label is printed until it is delivered and a customer completes a satisfaction survey. Researchers could access this data by using _____.

A. Content Analysis

B. Bar codes

C. Field editing

D. Voice Recognition

E. None of the above

<u>Answer:</u>

Researchers could access this data by using Bar codes

<h3><u>Explanation:</u></h3>

Federal Express employs various barcodes on their shipping tags.  Federal Express SuperTracker handheld barcode scanner, prime preceded in 1986. The SuperTracker is a significant component of FedEx’s Consumers, Operations, and Services Master Online System handled to track parcels and authenticate distributions.

Rendering data about a package’s position, state, and action enhanced an essential component of delivery firms, with every significant carrier completing a package tracking system. Customer representatives, dispatchers, and distributing personnel practice the SuperTracker to scan barcodes on units as they pass by the Federal Express system.

7 0
3 years ago
Input definition.......
Elan Coil [88]
Something that is put in.

The act or process of putting in.

The power or energy supplied to a machine.
3 0
3 years ago
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