Answer:
D) Quantity sold rose while the effect on price is ambiguous.
Explanation:
Two separate things happened here;
- Change in consumer habits have shifted the the demand curve to the right, increasing the quantity demanded at every price level.
- Better technology and lower costs have also shifted the supply curve to the right, increasing the quantity supplied at every price level.
One thing is certain, the quantity demanded and supplied increased, so the total quantity sold definitely increased. The price issue is not certain because you would need additional information about which shift was larger, the shift of the supply curve or the demand curve.
Answer:
Try to Advertise and Get connections with people in your local community
Explanation:
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Answer:
Employee satisfaction is the dependent variable because this variable is determined by the employees that are being surveyed, and the score of it on the 5-point scale depends entirely on the leadership style of their employers.
Leadership style on the other hand is an independet variable because it can be determined regardless of employee satisfaction, or in other words, employee satisfaction is an effect of leadership style, while leadership style is the cause.
The free-rider problem a<span>rises when people realize they will still receive the benefits of a good whether they pay for it or not.</span>