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3 years ago

Holding supply constant, an increase in demand will

Business

2 answers:

Ghella [55]3 years ago

5 0

Correct answer is D) <span>decrease both the quantity and price.</span><span>

Hope this helps.. :)</span>

andreyandreev [35.5K]3 years ago

5 0

Answer:

A) increase both the quantity and price.

Explanation:

When demand increases (that is, when the demand curve shifts to the right) and supply remains constant, both the equilibrium price and the quantity increase.

The demand curve is a useful tool for predicting the possible effect of certain economic situations on the frequent consumption of goods and for understanding the qualitative behaviour of markets.

The price demand curve normally has a downward trajectory that shows how, as the price rises, consumption of the product decreases.

When the demand curve shifts to the right, it explains an increase in demand due to the variation of a factor other than price, and when the curve shifts to the left, it shows a decrease in demand also due to the variation of a factor other than price.

Shifts in the demand curve may be due to

The increase in the population demanding the good.

Changes in the outlook for future prices.

Changes in consumer preferences.

The increase in the disposable income of some consumers.

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solniwko [45]

High employment is a good way to keep our economy healthy, along with price stability. An example of price stability would be the following:
Someone would steal an item at a store. They keep coming back to steal more and more until the store begins to notice. This makes paying workers more difficult, as there isn't much profit to be made with the limited stock. This makes workers quit, causing less cash flow into the economy,.
When we make bad financial decisions our economy is effected in the following ways:
Someone could take a loan, become unable to pay it back, and get into a financial debt. It becomes worse and uncontrollable the longer it goes unpaid. Eventually this debt may lead to bankruptcy.

4 0

3 years ago

Characteristics of just-in-time partnerships do NOT include:

kodGreya [7K]

Answer:

Answer is option b i.e. large lot sizes to save on setup costs and to gain quantity discounts.

Explanation:

The just-in-time partnership is a Japanese management strategy that increases efficiency by minimizing the inventory to manufacture products with zero defects. Toyota was the first to use this strategy to increase the quality of the manufactured product by reducing wastes and increasing productivity. This strategy does not include large lot sizes to save on setup costs but rather focuses on buying only the required amount of inventory which is required for the production. Hence, the answer is option b.

7 0

3 years ago

Oriole Corporation has retained earnings of $682,100 at January 1, 2020. Net income during 2020 was $1,558,700, and cash dividen

tigry1 [53]

Answer:

$2,248,660

Explanation:

According to the scenario, computation of the given data are as follows,

Particulars Amount

Retained Earning $682,100

Correction of repairs expense (Add) $89,160

Net income (Add) $1,558,700

Dividend Paid (Less) $81,300

Net retained earning $2,248,660

7 0

3 years ago

Suppose that the economy is in a long-run equilibrium at a price level of 100 and full-employment real GDP of $500 billion. An e

Anna35 [415]

Government purchases would need to: decrease by $20 billion.

<h3>What is Marginal Propensity to Consume ?</h3>

Marginal Propensity to Consume (MPC) measures the proportionate rise in the consumption with increase in income or we can say it measures the proportion of extra pay that is spent on consumption of goods and services rather than saving it.

Marginal Propensity to Consume or MPC is dependent on the income level. It may vary with the income levels and it can be seen that the MPC is lower at higher income levels. MPC can be calculated by determining the change in consumption divided by the change in income.

MPC is represented by the consumption line, which is a sloped line that is formed when change in consumption is plotted on the vertical y-axis with change in income on the horizontal x-axis.

This can be illustrated from the following formula.

k = 1/ 1- MPC

Where k = Multiplier effect

MPC = Marginal Propensity to Consume

<h3>How many Types of MPC?</h3>

MPC can be classified into three types, which are

1. MPC more/greater than 1.

2. MPC equal to 1.

3. MPC less than 1.

Thus , we conclude that the amount of government purchases would have to be decreased by $20 billion.

Learn more about Marginal Propensity to Consume on:

brainly.com/question/14310761

#SPJ4

5 0

2 years ago

Harold bought land from Jewel for $150,000. Harold paid $50,000 cash and gave Jewel an 8% note for $100,000. The note was to be

Flauer [41]

Answer: b. Harold is not required to recognize gross income but must reduce his cost basis in the land to $130,000.

Explanation:

When Harold bought the land for $150,000 he acquired a basis of $150,000 in the land. Due to Jewel's cash problems, he managed to pay $20,000 less for the land.

For tax reporting purposes, he need not recognize gross income but he must reflect that he acquired the land for $20,000 less in his basis for the land thereby reducing the basis to $130,000.

8 0

4 years ago