1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Advocard [28]
3 years ago
5

What happens to the price of these needed goods if production declines and there are fewer goods to go around?

Business
1 answer:
Lostsunrise [7]3 years ago
5 0

Answer:

the price increases

Explanation:

its inflation due to the decrease in production of the the product but not the need for it the price will rise.

You might be interested in
How do investment banks differ from commercial? banks? ?(mark all that? apply.)?
jenyasd209 [6]
Investment banks help companies to purchase, sell and make investments using bonds while commercial banks are concerned on managing deposits on both savings and checking account.

Investment banks aid companies on bringing their investments on public offers; commercial banks are focused on providing security for the clienteles money.

Investment banks have some degree of freedom in choosing their own strategies while commercial banks have more risks because they are open to public transactions. 
4 0
4 years ago
Mr. Dealer bought a fleet of SUVs (sport utility vehicles) from General Motors (GM) on credit, GM agreeing not to assign the res
Temka [501]

Answer:

Yes, Dealer could collect damages from GM because basically GM breached the contract. Any time a contract is breached, the non-breaching party can sue. But the real question here is what amount could the court assign to Dealer as compensation for damages incurred. If you want to rephrase this question, it would be: What damages did Dealer suffer due to GM's breach.

If the damages are not significant, then the court will probably assign some amount for nominal damages. To be honest, the greatest expenses here are actually the legal costs of the lawsuit. Unless Dealer can prove that assigning the contract actually hurt them (which I doubt), then the court will assign a small amount. Sometimes nominal damages can be very small and mostly symbolic, e.g. $1.

3 0
3 years ago
There are 5 questions in the question part and for each question write 2 paragraphs.
sashaice [31]

Explanation:

uufig8u formally identify

8 0
3 years ago
What are the best websites to upload your music for people to buy???
dem82 [27]

Answer:

TuneCore, Audiomack(for People to listen), Spotify, Google Play Music, and Apple Music...

Explanation:

6 0
3 years ago
How much total interest will Molly pay using this plan?
aleksandrvk [35]
Theres no equation sorryy
8 0
2 years ago
Other questions:
  • Describe the three most downturns in the United States economy since the 1920's
    9·1 answer
  • Prepaid items on financial statements
    13·1 answer
  • Jimmy Company uses the weighted-average method in its process costing system. The ending work in process inventory consists of 9
    10·1 answer
  • Understand the general arguments made in sections 1, 2, and 7 of Kraut's "Aristotle on Becoming Good" and consider how these ide
    7·1 answer
  • Flyer Company has provided the following information prior to any year-end bad debt adjustment: Cash sales, $152,000 Credit sale
    13·1 answer
  • When higher prices result in a lower quantity demanded, economists call this relationship: a. the law of quantity. b. the demand
    15·1 answer
  • Suppose that you invest $100 today in a risk-free investment and let the 6 percent annual interest rate compound. What will be t
    6·1 answer
  • A bond issue with a face amount of $500,000 bears interest at the rate of 7%. The current market rate of interest is 6%. These b
    15·1 answer
  • Manager Mike offered incentives, allowed his employees to voice their opinions, and communicated positive messages. How do these
    5·1 answer
  • The company expects an annual need for 5,000 switches. If the company makes the product, it will have to utilize factory space c
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!