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mafiozo [28]
3 years ago
15

The market for orchids is in equilibrium. If the price of orchids decreases from $10.00 to $5.00, then we would expect to see a/

an increase in supply. increase in quantity supplied. decrease in supply. decrease in quantity supplied. surplus in the market.
Business
1 answer:
Dovator [93]3 years ago
3 0

Answer:

Decrease in quantity supplied.

Explanation:

As in the given question the price of orchids  is decreases from $10.00 to the $5.00 it simply means the purchasing of orchids by customer is not very high it means only few people or customer are purchasing the orchids it directly effect the quantity supplied. So the decrease in the quantity supplied takes place

  • As the market price of the orchids is decreases then it is directly proportional to the decrease in the supplying of the quantity .
  • If the price of  orchids  is increases then the increases in the supplying of quantity .
  • All the other option is incorrect because the given question is asking about the decreases in the price of orchids.

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The median annual household income in a certain community of 21 households is $50,000. If the mean income of a household increas
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Answer:

answer is  Cannot be determined

Explanation:

given data

household income  = $50,000

increases =  10% per year

time = 2 year

solution

as we know that here mean is increase by 10 percentage

but from the mean  percentage increase in does not meaning that it will increase median also with same percentage

because median also increase by some percentage if data is move up

but we can not say it will move with same percentage

so here answer is  Cannot be determined from given data

5 0
3 years ago
When President Obama was president he had discussed raising income taxes for individuals earning over $250,000 in income. Explai
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Answer:

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B)

i) Change in input price

ii) Change in production cost

iii) Increase in labor supply or increase in capital stocks

Explanation:

A) Effects of higher income taxes on aggregate demand curve

i) Higher income taxes will cause a decrease in disposable income and this will affect personal expenditure which will cause the aggregate demand curve to shift leftwards ( decrease in price level and real GDP )

B) The factors that will cause the short-run aggregate supply curve to shift

a) Change in input price

b) Change in production cost

c) Increase in labor supply or increase in capital stocks

7 0
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What do you think is meant by the phrase "both alien and non-alien"?
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I believe it meant both alien immigrants and non-alien immigrants? Is this the correct context, immigration? Or, does it mean extra-terrestrial life? I would need to see context to know for sure, but I believe it is referencing immigration. 
4 0
3 years ago
Why is knowledge of the key success factors in an industry important?
AURORKA [14]
<span>Distinguish how companies whose profits reflect growth in your industry are able to structure their business to cope with changes in customer needs. ... Assess your strategic objectives and your business activities to ensure that they align with achievement of your key success factors.</span>
3 0
3 years ago
A 60-year-old man develops lung cancer, and sues the manufacturer of an asbestos-containing material. The man worked in construc
Artyom0805 [142]

Answer:

Weak because of proximate cause is difficult to prove in absence of other similarly affected individuals

Explanation:

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8 0
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