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Akimi4 [234]
3 years ago
13

HELP!!!! If supply increases, what is likely to happen to the price?

Business
1 answer:
katrin2010 [14]3 years ago
3 0

When supply increases, the most likely result is the price will lower. This is based on the concept of supply and demand, so when demand goes up and the supply goes down, the price goes up. If the Demand goes down but the supply goes up, the price lowers.

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In the early 1980s, new legislation allowed banks to pay interest on checking deposits, which they could not do previously. If w
igomit [66]

Answer:

Explanation:

Aggregate output would have decreased.

The payment of interest on check deposits would have increased check deposits by bank customers.

This implies increase in saving, over consumption.

The reduction in consumption or demand for goods and services will in turn reduce aggregate output.

When saving increases over spending, lesser goods will be purchased and production will fall.

To have maintained a constant market interest rate in the face of this change, the Federal Reserve would have had to increase the money supply if not, interest rate on nonmonetary assets would fall.

5 0
3 years ago
Nathan started the first outlet of dynamix gym in new york city in 1995. the business expanded over time, and he became the owne
abruzzese [7]

Nathan is considered to be a franchiser. A franchiser is being defined as someone who owns an overaching company or trademarks and products in which they give a right to the franchisee to be able to run the franchise’s location in which is agreed with a fee.

3 0
3 years ago
Which of the following statements about the Uniform Commercial Code (UCC) is true? Group of answer choices The UCC contract form
sergey [27]

Answer:

1- The UCC contract formation includes offer, acceptance and consideration.

Explanation:

Elements "Offer" and "Acceptance" together form mutual assent. Also, in order to be enforceable, the contract must be for a legal purpose and parties to the contract must have capacity to enter into the contract, that part is related to consideration.

Offer → gives power of acceptance to another party, besides it includes the agreement´s essential elements (they have to be definite and certain).

Acceptance → must be a mirror image of the offer.

Consideration → All common-law contract must contain this element as a valid one. It means that there must be a bargained for interexchange of acts or promises, both parties incurring new legal detriment or obligations as a consequence of the contract.

8 0
3 years ago
A check-processing center uses exponential smoothing to forecast the number of incoming checks each month. The number of checks
adell [148]

Answer:

a. 41.6 million

b. 42.28 million

Explanation:

The computations are shown below:

a. For the forecast for July month:

= Number of checks received in June × smoothing constant + (1 - smoothing constant) × forecast in June

= 40 million × 0.2 + (1 - 0.2) × 42 million

= 8 million + 33.6 million

= 41.6 million

b. For the forecast for August month:

= Number of checks received in  July × smoothing constant + (1 - smoothing constant) × forecast in July

= 45 million × 0.2 + (1 - 0.2) × 41.6 million

= 9 million + 33.28 million

= 42.28 million

c. In this, the exponential method is used. But in the given situation we use linear forecasting method

8 0
3 years ago
Elaine serves as a consultant about human resource matters to various areas of the business at her company. She works closely wi
victus00 [196]

Answer:

The correct answer is letter "B": human resource manager.

Explanation:

Human Resource (HR) Managers are executives involved in all the processes of a company where it is needed to deal with employees and concerns. HR managers are the support of other businesses to implement strategies on how to administrate their labor force. HR managers are seen as the links between workers at all levels and high-rank executives.

7 0
3 years ago
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