Answer:
a increases
Explanation:
Producers react to an increase in the demand for goods and services by increasing their output. Growth in market demand presents an opportunity for businesses to make profits. As firms attempt to meet the increased demand, they create job opportunities in the following ways.
1). The existing companies expand their current factories or open new branches in different locations to increase output. These moves will demand extra employees to handle administrative and production duties.
2). Start-up businesses will emerge to compete with existing firms. Entrepreneurs are quick to spot market opportunities. When demand is high, new ventures will be formed to provide solutions to customers' needs. New firms create job opportunities in the economy.
Answer:
False
Explanation:
Amortization an act of spreading a loan into a series of fixed payments over time. An amortized loan is a loan with scheduled periodic payments of both the principal and interest. It first pays off the relevant interest expense for the period, after which the remainder of the payment reduces the principal.
Payments are made in regular installments of constant amount that consists of both principal and interest.
Common examples of amortized loans include student loans, car loans and home mortgages.
Total materials variances = 1,221
Unfavorable price variance = 2,673
Unfavorable quantity variance = 1,452
Favorable total materials variance = 2,673
I believe that the answer to the question provided above is that <span>the social trend of consuming is causing consumers to question whether or not firms are truly operating with consideration for the environment or simply changing marketing efforts in order to appear that they are.</span>
Hope my answer would be a great help for you. If you have more questions feel free to ask here at Brainly.
Answer: AGREE
Explanation:
A Monopoly faces no competition and are the only sellers of the product they sell. If firms in an industry successfully engage in collusion, the resultant effect will definitely be not unlike a Monopoly because they will set prices as a single firm, control output as a single firm and essentially run the market as a single firm.
They will sell at a rate where the Marginal Revenue curve will be below the demand curve. This will mean a higher price than a competitive market which was probably the main incentive for collusion.
A recent example would be the collusion between BMW, Daimler and Volkswagen, to hinder technological progress in improving the quality of vehicle emissions in order to reduce the cost of production and maximize profits. Thankfully this was busted by the European Commission in 2019.
