I consider money more important than inventory
Answer:
3. the price of solar panels decreases and the quantity increases.
Explanation:
An increase in supplies results in reduced prices. As per the law of supply and demand, an increase in supply while holding the demand contact results in a decrease in price. Increase supply causes downward movements along the supply curve, pushing the prices lower. There will be many solar panels available in the market competing with for few buyers.
An increase in supplies means an increase in the quantities available in the markets. Buyers will have a large selection of solar panels to choose from.
There are several childcare options for families, but some are more financially restrictive for some families.
-Families can choose to have one parent stay home
-They can ask a family member (ie. grandparent, aunt)
-They can use a local daycare center
-They can hire a live in nanny
-They can hire a babysitter
-They can hire an au pair
-Parents can set up a schedule with their friends who are parents to watch each others' children
Hope this helps! :)
Answer: Option (d) is correct.
Explanation:
Correct option: All of the above are correct.
In a perfectly competitive market, there are large number of buyers and sellers. Price and demand of the commodities are determined by the market forces. All the firms in a competitive market are price taker.
Any single firm cannot influence the market price. If a single firm tries to increase their price by a small amount, will lose all of its product demand to other firms. This is because of the competition among the firms.
Answer:
The correct option is D
Explanation:
Monopolist is a company, individual or a group which controls or regulates all the market for a specific good or service. They have little scope to improve their product as customers will have no alternatives available.
Source of market power they have a copyright or patent, control critical resources, enjoy economies of scale and have the government authorized franchise.
