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PilotLPTM [1.2K]
3 years ago
13

If the number of firms in an industry​ decreases, the supply curve will shift to the right. A. True B. False A change in which o

f the following will result in a shift of the supply​ curve? A. cost of inputs used to produce the product B. technology and productivity C. taxes and subsidies D. All of the above.
Business
1 answer:
Whitepunk [10]3 years ago
8 0

Answer:

The correct answer is option B.

The correct answer is option D.

Explanation:

If the number of firms in an industry decreases, the overall market supply will decrease. This decrease in supply will cause the market supply curve to shift to the left. So the statement given in the question is false.  

The cost of production is inversely related to supply. An increase in the cost of production causes supply to decline, shifting the curve to the left and vice versa.  

Technology and productivity are directly related, an improvement in technology will cause the supply to increase shifting the curve to the right.  

Taxes cause the supply to decrease as it is seen as a cost and it reduces the price received by the firms. This causes the supply curve to shift to the left.

Subsidies reduce the cost of production so the supply curve shifts to the left.

You might be interested in
Which of the following would cause the supply curve to shift to the right?
AnnZ [28]

Answer:

Technology improves production.

Explanation:

Supply refers to the quantity of goods and services produced and offered to the market for sale.

There are several factors that could cause the supply curve to shift to the right, one of which is technology improves production. An improvement in technology will phase out manual or slow process of production hence shifts supply curve to the right.

When government increases tax on a business, if will affect the income that should have accrued to the business hence supply curve inward. An increase in input prices will affect production cost thereby shifting supply to the left. Also when there is a decline in the numbers of consumers, it will shift supply curve inward because it is these consumers that will purchase whatever that is produced and supplied to the market.

5 0
3 years ago
From past records it is known that 10% of items from a production line are defective. If two items are selected at random, what
nadya68 [22]

Answer:

0.2

Explanation:

The Probability distribution is the function which describes the likelihood of possible values assuming a random variable. The 10% of the items from the production line are assumed to be defective. There is a sample selection of 2 items. The probability that one of the item among the selected sample of two items is found defective is 0.2 (2 items sample *10%)

7 0
3 years ago
Sure Tool Company is expected to pay a dividend of $2 in the upcoming year. The risk-free rate of return is 4%, and the expected
alexira [117]

Answer:

The market's required rate of return on Sure's stock is 16.5%

Explanation:

The required rate of return is the minimum return that investors would accept to invest in a stock based on the risk associated to that stock. The required rate of return can be calculated using the Capital Asset Pricing Model (CAPM). The formula for required rate of return under this model is,

Required rate of return (r) =  rFR + Beta * (rM - rFR)

Where,

  • rFR is the risk free rate
  • Beta is the stock's measure of risk
  • rM is the expected return on market

Thus, for Sure Tool, the required rate of return is,

r = 0.04 + 1.25 * (0.14 - 0.04)

r = 0.165 or 16.5%

3 0
3 years ago
Use the following to answer question 10: Presented below is information related to ABC Corporation: Common Stock, $1 par Paid-in
lutik1710 [3]

Answer:

Explanation:

Calculation to determine what The total stockholders' equity of ABC Corporation is

Using this formula

Total stockholders' equity

=Common Stock+Paid-in Capital in Excess of Par—Preferred Stock + Paid-in Capital in Excess of Par—Common Stock + Preferred Stock, + Retained Earnings -Treasury Common Stock (at cost)

Let plug in the formula

Total stockholders' equity=$3,500,000 + 400,000 + $550,000 + $2,000,000 + $1,500,000 - $150,000

Total stockholders' equity= $7,800,000

Therefore The total stockholders' equity of ABC Corporation is $7,800,000

7 0
3 years ago
delta airlines and general motors both have profit-sharing arrangements with employees. what is a profit sharing plan?
Greeley [361]

An employee's profit share depends on the company's operating profit for the year.

<h3>What is a profit-sharing plan?</h3>

A profit sharing plan is a form of retirement plan where the employer contributes a percentage of the company's profits to employee retirement accounts. The contributions are usually determined by the company's profit margin and the number of years that each person has worked for the company. The sum of money that is added to the employee's account is typically decided by the employer and might range from a few percent to a set sum of money. The donations are typically placed in stocks, bonds, and mutual funds.

To know more about  profit-sharing arrangement visit:

brainly.com/question/13779226

#SPJ4

6 0
11 months ago
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