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stealth61 [152]
3 years ago
10

2. If the government decided to subsidize the production of a good, the result would be a decrease in the equilibrium price and

an increase in the equilibrium quantity of that good. T/F
Business
1 answer:
kogti [31]3 years ago
5 0

Answer: True

Explanation:

The subsidy will increase the supply of the good, and therefore the supply curve will shift to the right. Then its intersection with the demand curve will be located at a lower price and with a larger quantity.

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A new truck, manufactured by General Motors Corp. (GMC), stalled in rush hour traffic on a busy interstate highway because of a
gulaghasi [49]

Answer: Summary judgment for GMC denied.

Explanation:

- GMC owes a duty to everyone on the highway since the possibility of an accident is apparent.

- There was factual causation: had it not been for the faulty alternator the truck would never have stalled. - This chain of events is entirely foreseeable. GMC need not foresee precisely what happened; only that something like this could happen.

8 0
3 years ago
Read 2 more answers
and money is transferred out of a checking account, it is the transfer of funds that constitutes the actual payment for the good
bogdanovich [222]

The price made to dealers that lend or store money is expressed as an annualized percentage of the monetary amount lent or saved. every now and then known as nominal hobby price or rate of cash.

The Fed implements financial coverage normally with the aid of influencing the federal budget price, the hobby fee that financial institutions rate each different for loans in a single day market for reserves.

Required reserves def. the amount of reserves banks must maintain in their vault or with the Fed that they cannot lend out expanded reserve requirement banks need to hold extra deposits as reserves, as a result reducing the quantity available for loans.

Financial coverage. A macroeconomic coverage enacted through the relevant bank involves the control of cash delivery and hobby charges. This coverage is regularly used to stimulate increase, manage inflation, and control change rates.

Learn more about goods and services here:-brainly.com/question/25262030

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3 0
2 years ago
The opportunity cost of a decision can be examined by using a
melomori [17]

Answer: Production Possibilities Graph.

Explanation: A production possibilities graph is a graph that helps to show the different ways in which economic resources can be used. It can only contain two products or resources in its graph. With  the production possibilities graph, an opportunity cost of a decision can be examined.

8 0
4 years ago
How do you think Alden, from Situation 2, found out about Revinate? Given all the online companies that might help your business
7nadin3 [17]

The correct answer to this open question is the following.

Although you forgot to include the proper context of the question or further references, we can comment on the following.

Alden found out about Revinate by searching on the web trying to find the best software options that could help the company to identify the customer's reviews so Gregory E. Alden could make the best decisions for his company.

Gregory E. Alden is the manager of the company Woodside Hotels, located in Northern California. He was trying to monitor the comments of his high-class clients because Woodside Hotels is in the luxurious hotel business. So knowing that constantly monitoring client's comments on social media pages such as TripAdvisor or Yelp can be an arduous and difficult task, Gregory searched for the best software company to monitor client's comments on social media. That is how he found Revinate, a company that helps managers to track reviews so they can make the best business decisions once they have learned what their customers desire. And that is exactly what I would do to choose the kind of company to know about the preferences of my customers.

7 0
3 years ago
The Callie Company has provided the following information: Operating expenses were $244,000; Cost of goods sold was $378,000; Ne
creativ13 [48]

Answer:

Callie's Gross Profit is $562000

Explanation:

Gross profit is the profit earned by a business after deducting the costs associated with producing or selling its goods (for manufacturing and trading businesses) or the costs associated with providing the services (for service businesses) from the net revenue.

It is the profit from the trading section of the business before deducting the operating and financing expenses of the business and before adding any other income.

The gross profit is simply calculated as follows,

Gross Profit = Net Revenue - Cost of Goods Sold

Callie's gross profit = 940000 - 378000

Callie's Gross Profit = 562000

6 0
3 years ago
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