When components for a dell laptop computer are produced by a u.s. supplier, this is an example of onshoring.
A supplier is someone or enterprise that provides a product or service to any other entity. The role of a supplier in an enterprise is to offer products from a manufacturer at an awesome rate to a distributor or store for resale.
In an enterprise, a supplier is someone or an entity that provides top-notch offerings and goods from manufacturers at reasonable costs to shops or distributors for sale. They offer deliverables in the form of raw materials, which the producers later system into market-equipped stop products.
Providers are often known as the first hyperlink in a supply chain, present strictly in a B2B relationship. With the aid of comparison, a seller is a business or man or woman who purchases merchandise from a corporation, then sells them to a person else.
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Answer:
The price of ice cream increases - The demand for caramel topping will decrease
The price of caramel topping decreases - The demand curve for caramel topping will remain the same.
The price of butterscotch topping increases - The demand for caramel topping will increase.
Explanation:
If the price of icecream increases , it would become expensive to make them. So producers would reduce quantity supplied of ice cream. As a result of the reduced supply, there would be less demand for caramel toppings.
Caramel and butterscotch toppings are subsituites. If the price of butterscotch toppings increase, the demand for caramel toppings would increase.
If the price of caramel toppings reduce, the quantity supplied would fall. This would lead to a movement along the demand curve and not a shift of the demand curve.
Answer:
Yes, sales have increased as a result of the advertising campaign.
Explanation:
Find attached the explanation.
Note: I had to convert the explanation into both jpeg and files (both contains the same answer) when the answer box kept on rejecting my answer claiming it contains swear words when it does not.
Answer:
1. Technical improvements cause production costs to decline, which causes supply to increase and prices to decrease.
2. Decreased unemployment causes consumer incomes to increase which causes demand to increase and hence price to increase.
Explanation:
Demand refers to a consumer's desire to purchase a particular good or service at a given time for a specific price. Supply on the other hand, is the willingness of a producer to produce a particular good or service at a given time for specific price.
1. Production cost is a factor that influences supply. For example, cost of labor or raw material cost. When production costs fall, more products can be produced at a lesser cost. Hence'
- The supply curve shifts right from S1 to S2.
- This causes quantity supplied to increase from QS1 to QS2
- And price to fall from P2 to P1. Please refer Diagram 1 in attachment.
2. When unemployment decreases, it means that more people are working in the economy and hence their incomes are also higher. This means there is a higher purchasing power and also higher demand for products. Hence,
- The demand curve shifts from D1 to D2.
- This causes quantity demanded to increase from QD1 to QD2
- And price to increase from P1 to P2. Please refer Diagram 2 in attachment.
<span>When the dollar appreciates relative to foreign currency means that the exchange rate will favor the dollar and cause a decrease in the the price of imported goods. It also means that travel abroad from the U.S. to the relative countries will increase due to lowered costs.</span>