Answer:
Option (b) is correct.
Explanation:
(i) Law of supply states that if there is an increase in the price of the commodity then as a result the quantity supplied for that commodity also increases and if there is a decrease in the price of the commodity then as a result the quantity supplied for that commodity also decreases.
So, there is a relationship between price and quantity supplied not supply.
(ii) If there is an increase in the cost of production of eggs then as a result the producers of egg will reduce the production of eggs. Hence, this will lead to reduce the supply of eggs in the market.
Therefore, the second statement is correct.
I would say FHA, from what I know.
Democratic Leadership or perhaps Meritocracy
Answer:
Economical factors, company reasons, innovative leadership, business growth, and competitor actions are common causes of business change.
Explanation:
The economic factors influencing business activities
In a country concerned with the production, distribution, and use of goods and services, the economy includes all activities.
The economic environment has a major impact on companies. Consumer expenditure affects prices, investment decisions, and the number of employees employed by enterprises.
In four main ways, the economic climate affects companies:
- Consumer income change levels