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zzz [600]
3 years ago
7

A. Define supply as an economist would. B. List and explain three (3) non-price factors that will shift the supply curve. C. If

the cost of production of fountain pens falls, how will the market for fountain pens be impacted? (hint: start by drawing the appropriate supply and demand curves)
Business
1 answer:
Paladinen [302]3 years ago
5 0

Answer:

A: Refer the detail below

B: Refer the detail below

C: Refer the detail below

Explanation:

A. Definition of Supply

Supply is an economic term that refers to the quantity of a given product or service that suppliers are willing to offer to consumers at a given price level at a given period. Supply is positively related to price given that at higher prices there is an incentive to supply more as higher prices may generate increased revenue and profits

B. Non-price factors that will shift the supply curve

1. Producer input costs

2. producer expectation

3. The number of sellers.

C. Impact of Fountain Pens market

If the cost of production of fountain pens falls, producers can produce more goods by using the same amount of money. Therefore, the supply will increase and the supply curve will shift to the right.

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Will mark brainliest please help!!!
tino4ka555 [31]

Answer:Dressing in the proper apparel for an interview indicates that you are critical approximately the job, respectful of the interviewer's time, and are actually interested by the position. It additionally demonstrates an knowledge of the company culture, and showcases you as a person who might suit without difficulty into the place of business dynamic.

Explanation:

5 0
2 years ago
Your task is to design a rectangular industrial warehouse consisting of three separate spaces of equal size. The wall materials
Nadya [2.5K]

Answer:

Explanation:

I think your question is missed of key information, allow me to add in and hope it will fit the original one. Please have a look at the attached photo.

Given:

  • Cost $71 per linear foot
  • Budge $34080 for those walls

Let X is the the length

Let Y is the width

From the photo, we can see that

(4X + 6Y)*71 = 34080

<=> (4X + 6Y) = 480

<=> Y = 80 -  \frac{2}{3}X

The are of the rectangular industrial warehouse:

A(X) = 3Y*X

<=> A(X) = 3(80 -  \frac{2}{3}X )X

<=>A(X) = (240-2X)X = 240X - 2X^{2}

So A'(X) = 240 - 4X

Let A'(X) = 0, we have:

240 - 4X = 0

<=> X = 60

=> Y =(80 -  \frac{2}{3}X ) = 80 -  \frac{2}{3}*60 = 40

So the dimension to maximize total area is: 60 in length and 40 in width

5 0
2 years ago
, what do you currently know about professionial communication?
xz_007 [3.2K]

Answer:

The term professional communication refers to the various forms of speaking, listening, writing, and responding carried out both in and beyond the workplace, whether in person or electronically.

Explanation:

7 0
2 years ago
Leon Georges works in the warehouse for a manufacturer of air-purification systems. He is responsible for the transportation of
Volgvan

Answer:

3. Distribution

Explanation:

Distribution refers to making a product available to customers for purchase by transferring it from the source of manufacture to the retailers.  Distribution is one of the essential components of marketing mix.

Channels to distribution are whole sellers, retailers, brokers and middlemen, and direct sales. Distribution entails all activities relating to supply of finished products to customers.

In the given case, Leon's work involves transportation of metal components as well as efficient movement of the finished systems from manufacturing unit to the warehouses and subsequently to distribution trucks. These represent activities of distribution.

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2 years ago
Select the true statement or statements regarding the loanable funds market. Foreign entities cannot save in the United States.
Shalnov [3]

<u>Solution: </u>

The following are the correct and incorrect options

<u>Correct option</u>: Households used to save and those savings are utilized for investment through the intermediaries like bank. Firms and governments take those funds for their investment acts.

<u>Correct option</u>: Foreigner can invest in the US (suppose foreign direct investment) but can’t save here, since there is difference in currency (suppose a foreigner earns in pond can’t save in US dollar).

<u>Other options are not correct: </u>

<u>Incorrect option</u>: Savings means personal savings, which are not yet kept into a bank.

<u>Incorrect option</u>: such purchases are investments but not savings.

3 0
3 years ago
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