Answer:
The answer is: a change in the price at which a substitute good is sold
Explanation:
A shift in supply means a change in the quantity supplied at every price.
Let's assume we sell product A. If the price of a substitute product B increases, then the quantity demanded for product A will increase as the quantity demanded for product B decreases. That will cause an increase in the quantity supplied of product A, which may in turn rise the price of product A until again both products (A and B) match their prices.
Instead, a shift in the supply curve means that the quantity supplied of a product will change at every price level.
The factor that might lead to a decline in the supply of cowboy boots is the price that consumers are willing to pay for cowboy hats has increased.
<h3>What leads to a decrease in supply?</h3>
Factors other than a change in the price of A good would lead to either an increase or decrease in supply or a shift of the supply curve. Such factors include :
- A change in the price of input
- A change in the number of suppliers
- Government regulations
- Technological changes
- A change in the price of substitute goods.
To learn more about the change in supply, please check: brainly.com/question/15835771
Answer:
Interest= 25%
Explanation:
Giving the following information:
Friendly’s Quick Loans, Inc., offers you "eight for ten or I knock on your door." This means you get $8 today and repay $10 when you get your paycheck in one week (or else).
Interest for the operation:
Interest= 10/8*100= 25%
Answer:
The correct answer to the following question is B) Selective advertising or Selective demand stimulation.
Explanation:
Selective advertising ( which is also know as selective demand stimulation ) is a type of approach which can be used to present the message that a producer or company wants to deliver through advertising. In this approach, message delivered by company tells its consumers about the benefits of its brand and how their brand is much better than other brands. Company's can use various strategies like benefit positioning ( where company tells about the benefits of their brand ) or competitive positioning ( where company tells how their brand is better than others ) to depict their selective demand.
