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lawyer [7]
3 years ago
15

In an answer of at least two well-developed paragraphs, provide a definition of the law of supply, and describe the factors that

will cause a shift in the supply of a product. Provide an example of your own that illustrates how these factors affect supply.
Social Studies
1 answer:
Elza [17]3 years ago
7 0

The law of supply states that the price of services and goods increases, its factors being equal, the offer of quantity goods and services increases.

If the price goes up the supplier maximizes profits by way of increasing the quantity which is being offered for sale. <em>Factors which include supply are</em>,

1. Cost of production. When the supply of a certain product decreases then its cost product increases.

2. Natural condition. Climate mostly affects supply of different products. For example, when monsoon comes, there is an increase in agriculture products.

3. Technology. When technology is high there is increase in products and also increase in supply.

<em>A good example which illustrates the factors of law of supply, lets say when a student who is in college finds that a course like actuarial science pays well than professor job then there will be supply of students and actuarial science will increase mor student who will be doing it. </em>

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The ______ principle maintains that people will comply with requests if they believe that others are also complying.
m_a_m_a [10]

It should be noted that social validation maintains that people will comply with requests if they believe that others are also complying.

According to the question, social validation serves as principle that explains behavior of people with respect to certain order.

We can see that in the society people tends to comply to an order if others do so.

Therefore, social validation  principle maintains that people will comply with requests if they believe that others are also complying.

Learn more about social validation principle at:

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5 0
2 years ago
What role did steam technology play in the industrail revoluation
Ulleksa [173]

Steam power  originally developed slowly over a period of several hundred years until it reached to actual practical application at the beginning of the industrial  revolution. The steam engine was one of the most important technologies of the industrial revolution. It was a simple device that used boiling water to create mechanical motion to be utilized in useful work.

Early mills used water power to operate and had to be located near running water such as a river which would freeze in winter and the water was not available, also in dry spells. Flooding would also stop operations.  But by using a steam engine, a factory could be located anywhere and could operate the whole year round.

From mines to mills, steam engines found many applications in a variety of industries, improving productivity and technology such as Trevithick's high pressure engine that revolutionized transport. Steam engines found their way to boats, railways, farms and road vehicles.


 


5 0
3 years ago
Read 2 more answers
Ann is planning a business trip for which she needs to rent a car. the car rental company charges $36 per day plus $0.50 per mil
Mariana [72]
To get the equation follow the steps below.

1. She's renting the car for 5 days and we understand that its $36 per day so you must multiply $36 × 5 = $180.

2. Next we know that its $0.50 per mile over 100 miles and needs to go 180 miles so multiply
$0.50 × 180 = 90

3. This is the final step add,

$36×5=$180

[$0.50×180=$90] Now add $180+$90=$270.

I hope this helps.
6 0
2 years ago
A first look at communication theory, 9th edition: 1. why do scholars “weigh the words” of their colleagues
Lubov Fominskaja [6]
<span>This is to make sure that the statements that their colleagues are making hold up under scientific and academic scrutiny. Sometimes, a statement or a claim might be outlandish and being linked to such a claim might end up tarnishing the reputation or the validity of the study being completed or being reviewed.</span>
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3 years ago
____ is a model that asks the traditional fact-finding questions in a systems development context
navik [9.2K]

Zachman Framework is a model that asks the traditional fact-finding questions in a systems development context.

<h3>What is Zachman Framework?</h3>

A essential building block for enterprise architecture, the Zachman Framework offers a formal and systematic manner of seeing and defining an enterprise. It is an enterprise ontology. An ontology is a two-dimensional classification system that represents the meeting point of two previous classifications.

The first set of questions are basic inquisitive ones: What, How, When, Who, Where, and Why. The second is drawn from the philosophical idea of reification, which is when an abstract idea is converted into an instantiation. The identification, definition, representation, specification, configuration, and instantiation transformations are part of the Zachman Framework reification process.

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3 0
1 year ago
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