Answer:
b. supply is represented graphically by a curve and quantity supplied as a point on that curve.
Explanation:
Qunatity supplied shows how qunatity of a product changes in response to changes in price of that good. According to the law of supply, the higher the price of good, the higher the quantity supplied and the lower the price of a good, the lower the quantity supplied. This shows that quantity supplied has a direct relationship with price.
Changes in quantity supplied is shown by movement along a supply curve.
Changes in supply is caused by other factors other than changes in price. Some of these factors are :
Changes in price of similar goods
Tax
Change in number of suppliers
Technological advancement
Changes in supply is shown by movement of the supply curve either to the left or to the right and not a movement along the supply curve.
I hope my answer helps you
Complete Question:
The first two files attached contain the complete question
Answer:
Other file shows a step by step solution as follows
answer 1
answer2 etc
Answer:
$50 million
Explanation:
Given that,
Suppose the Federal Reserve increases bank reserves and banks lend out some of these reserves,
Amount of money available = $5 million
Reserve requirement ratio = 10 percent
Money multiplier:
= 1/ Reserve requirement ratio
= 1/ 0.10
= 10
Money can banks create if they lend out the remaining amount:
= Money multiplier × Amount of money
= 10 × $5 million
= $50 million
Explanation:
similarities between marketing research and marketing intelligence systems
- Marketing research and Marketing intelligence systems they both provide information about markets that help the small companies to study and analyze their sales and markets
differences between marketing research and marketing intelligence systems
- Marketing intelligence is available information or data that small business partners used to study the businesses, political and competition.
Marketing intelligence system data gathered repeatedly over time.
- Market Research is not existing data or information. Companies do a survey to collect marketing research data.
Marketing research data gathered at one particular point.
