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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.

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Where would revenue be maximized for a company facing a linear demand curve
Bond [772]

Answer:

at equilibrium point

Explanation:

equilibrium when price is reasonable to both sellers and buyers. They are willing to buy and sell at optimal quantity, so that firm can maximize revenue

3 0
2 years ago
Values are a. acceptable behavior as defined by the company and industry. b. enduring beliefs and ideals that are socially enfor
Mrrafil [7]

Answer:

b. enduring beliefs and ideals that are socially enforced.

Explanation:

Values are general beliefs and ideas shared by some culture or community, which is also acceptable and enforceable by the society.

The common belief of a common individual to take the decision of good or bad by his own, with some values related to ethics is all in context of values.

It impacts individuals in very significant manner as is clearly visible in an individual what kind of values does he carry.

Therefore, correct answer is:

b. enduring beliefs and ideals that are socially enforced.

3 0
3 years ago
At December 31, 2020 Bramble Corp. had 298000 shares of common stock and 9800 shares of 6%, $100 par value cumulative preferred
Vika [28.1K]

Answer:

the earning per common share is $3.83 per share

Explanation:

The computation of the earning per common share is shown below

= Net income ÷ weighted number of outstanding shares

= $1,143,000 ÷ (298,000 shares)

= $3.83 per share

We simply divided the net income from the  weighted number of outstanding shares so that the earning per share could be determined

hence, the earning per common share is $3.83 per share

5 0
3 years ago
How has the distribution of income in the united states changed over the last 20 years? it has not changed appreciably. it has b
GarryVolchara [31]
The distribution of income in the United States has become less equal over the last 20 years. This means that the difference between the rich and the poor has grown. It could mean that the rich have started getting more money while the poor get what they used to get, or even less. In any case, the gap between their income has changed greatly during this time period.
8 0
3 years ago
Based on the specificity and reversibility principle, training during the off-season should?
likoan [24]

Answer:

Off-season training should be focused on building general strength and conditioning in activities that are similar to the sport an athlete. According to the principle of specificity and reversibility, specificity states that the change in physical nature of the body is in line with the training type performed. Reversibility explains how an athlete can lose the effects gained from training from he stops training. Thus to stay fit, off-season training must concentrate on exercises that keeps the body in shape for the same type of sports.

Explanation:

6 0
3 years ago
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