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grandymaker [24]
2 years ago
10

Suppliers will supply more of a good when the price of that good rises because the opportunity cost of producing that good has r

isen.
A. True
B. False
Business
1 answer:
Taya2010 [7]2 years ago
8 0

Answer:

B. False

Explanation:

Opportunity cost of producing a good for the supplier are the profits that they could make from other goods that they are not producing, for example if a supplier is producing cars the opportunity cost are the profits that the supplier can make by producing other products instead of cars. This statement is wrong because when the price of a good increases the opportunity cost of producing the good does not change because the opportunity cost of producing the good depends on the price and profits of other goods. In this case when the price increases the suppliers will supply more of this good because the opportunity cost of not producing the good increases because they can make higher profits now.

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1 year ago
Senior executives at NEC were unwilling to listen to younger scientists who said that LCD technology would appeal to customers w
Dennis_Churaev [7]

Answer:

The correct word for the blank space is:  unfreezing stage.

Explanation:

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4 0
3 years ago
The Stone Company has observed that its utility cost is $5,000 when operating at a level of 20,000 machine hours per period. The
trasher [3.6K]

Answer:

$4,600

Explanation:

Data provided in the question:

Utility cost = $5,000

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Now,

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=[ 5000 - 4000 ] ÷ [ 20,000 - 15,000 ]

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Therefore,

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5 0
3 years ago
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Reil [10]

Answer:

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Explanation:

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