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Aloiza [94]
3 years ago
15

What effect will each of the following have on the supply of auto tires? (Keeping all else constant) a. A technological advance

in the methods of producing tires: . b. A decline in the number of firms in the tire industry: . c. An increase in the prices of rubber used in the production of tires: . d. The expectation that the equilibrium price of auto tires will be lower in the future than currently: . e. A decline in the price of large tires used for semi trucks and earth-hauling rigs, a substitute in production. (with no change in the price of auto tires): . f. The levying of a per-unit tax on each auto tire sold: . g. The granting of a 50-cent-per-unit subsidy for each auto tire produced: .
Business
1 answer:
nata0808 [166]3 years ago
8 0

Answer:

Supply would increase

Supply would decrease

Supply would decrease

Supply would increase

Supply would increase

Supply would decrease

Supply would increase

Explanation:

A decline in the number of firms in the tire industry reduces the supply of auto tires.

An increase in an input in the production of tires increases the cost of production of tires and this would discourage supply. Supply would fall.

Subsituite goods are goods that can be used in place of one another.

If the price of large tires decrease, suppliers would shift from producing large tires to auto tires. Supply of auto tires would increase.

A tax would increase the cost of production, so supply would fall as A result.

A subsidy encourages production of a good. Subsidy reduces the cost of production and as a result, supply would increase.

I hope my answer helps you

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Select the best term to describe the following examples.
Bezzdna [24]

Answer:

The correct answer is: Emotional contagion.

Explanation:

The emotional state of an individual can be affected by the exposure to emotional expressions of others around which means that the emotional state can be transferred from one person to another even in online interactions through a process called emotional contagion.

Emotional contagion implies an individual connecting its emotions to others' moods which is likely to be reflected in both parties' behavior.

6 0
3 years ago
An adjusting entry that increases an asset and increases a revenue is known as a(n):
quester [9]

<u>Answer:</u>

<em>An adjusting entry that increases an asset and increases a revenue is known as Accrued Revenue.</em>

<u>Explanation:</u>

when an organization has earned income yet hasn't yet gotten money or recorded a sum receivable For the<em> situation of gathered incomes</em>, we get money after we earned the income and recorded an advantage.

The modifying section for a collected income consistently incorporates a charge to an advantage account (increment a benefit) and an a worthy representative for an<em> income account (increment an income).</em>

7 0
2 years ago
Andrew wants to purchase a new computer and go to the caribbean for spring break. the computer is priced at 1299, and the vacati
Mamont248 [21]

Andrew writes a check for $1,299 which is the  medium of exchange.

What is the way of transaction ?

  • A sale is a completed agreement between a buyer and a dealer to change goods, services, or fiscal means in return for plutocrats.
  • The term is also generally used in commercial accounts. As a business secretary, this plain description can get tricky.
  • A sale may be recorded by a company before or later depending on whether it uses an addendum account or cash account.

Here,

Andrew can easily determine that the price of the computer is more than the price of the vacation = Unit of Account

Andrew has $1,574 in his checking account

= Store of value

Andrew writes a check for $1,299

= Medium of exchange

Learn more about Way of transaction here:

https://brainly.in/question/2253597

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3 0
11 months ago
Custom Foot operates six retail locations. At first glance, none looks any different from your basic old-fashioned shoe store, b
sergeinik [125]

Answer:

This is an example of mass customization

Explanation:

Mass customization is a business concept that involves mass manufacturing products that meet individual consumer wants and needs. It combines flexibility and personalization of unique made products with the low unit costs associated with mass production. It is sensitive to customer preferences with standardisation of processes, and the customer satisfaction that comes with owning a custom product.  

Custom Foot offers a basic package for their boots and shoes, and then offer customers a variety of features they can add or subtract. With this, they can provide alternatives for modifying a product without the costs associated with making a 100 percent unique product.

8 0
3 years ago
The organized effort of individuals to produce and sell, for a profit, the products and services that satisfy society's needs th
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Answer:

E-business

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E-business is a general term that incorporates all types of utilizing electronic data and communication developments to help and streamline business forms. Interestingly, internet business web-based exchanging of items and benefits. E-business technique has helped customers to purchase whatever they want by just one click, and it has facilitated new small enterprises to start businesses at a low operational cost.

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