Write a word problem where something starts at 8:25am and ends at 1:43pm
1 answer:
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Answer: Equilibrium price and quantity will increase.
Step-by-step explanation:
If there is a positive shift in demand i.e. rightward shift in the demand curve but the supply curve remains constant.
Then As shown in the figure, At the beginning <em>'</em><em>E</em>' is the equilibrium point with Equilibrium price <em>"P"</em> and Equilibrium quantity<em> "</em><em>Q"</em><em>.</em>
But when there is positive shift in demand curve say D' then,
Equilibrium price will increase and equilibrium quantity will also increase.
say it becomes P' and Q'.
So, Positive shift in demand curve increases the price and Quantity in a supply and demand curve.
The question is incomplete. The question is asking whether the given statement is TRUE or FALSE.
Answer:
The given statement is FALSE.
Step-by-step explanation:
Given:
Total unit cost of manufacturing product Y is,
Total unit cost after modifying the style is,
So, the differential cost for this situation is given as the difference of the modifying cost and manufacturing cost.
Therefore, the differential cost is given as:
Hence, the given statement is false and the correct value for differential cost for this situation is $12.
Answer:
Step-by-step explanation:
