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3 years ago

Which of the following scenarios would likely shift the supply curve for potatoes to the right (increase in supply)?

Business

1 answer:

OlgaM077 [116]3 years ago

5 0

Answer:

The correct answer is option b.

Explanation:

The supply curve for potatoes can shift to the right because of an increase in the supply. The supply for a product may arise because of several reasons such as improvement in technology or reduction in the cost of production.

In the given options, the use of new harvester that allows the farmer to bring in ripe potatoes at twice the speed than earlier will help the farmer to increase supply. This will further cause the supply curve to move to the right.

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Answer:

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Explanation:

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VI. Here we consider the paradox of saving one last time in the context of the AS-AD model. Suppose the economy begins with outp

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Answer:

The solution to this question can be defined as follows:

Explanation:

In point a:

When consumer interest decreases, => consumers begin and save less and more, => MPC decreases; => the "IS" curve becomes flatter; => "IS" turns inside. Currently, 'AD' shows together all the goods and financial sector, => as the 'IS' curve adjusts inside the industry, => the 'AD' would also change to the left.

In point b:

Take into account the SR models of "IS-LM" and "AD-AS."

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Please find the graph file in the attachment.

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