There would a shift to the right of the supply curve. The equilibrium price would decrease and the equilibrium quantity would increase.
<h3>What is the impact of technological improvement?</h3>
Technological improvement in the production process means that there is an advancement or update in the technologies that are used in the production process. For example, progress from storing information in files to storing information in the cloud is an example of technological improvement.
A technological improvement in the production of a good would make it easier to produce a good. Thus, the supply curve would move forward.
Equilibrium quantity would increase. Due to the increase in quantity supplied, price has to decline in order to induce consumers to buy more of the product. Equilibrium price would decrease.
To learn more about an increase in supply, please check: brainly.com/question/14727864
#SPJ1
Answer:
INTR
Explanation:
INTR is an essential part of the academic program that every student must take in each semester. This course is also known as the applied learning practicum and it is used to ensure that students have both theoretical knowledge as well as practical field experience. This will help students to apply theoretical knowledge to real-life situations.
Answer:
Bonds provides more opportunities and offers than stocks.
Explanation:
- Bonds are a better option than stocks as bonds tend to give a good return. That is the bonds are less volatile and less risk markets they have a high interests rates and tends to offer saving rates at a bank and hae various advantages.
- Bonds also perform well the stocks decline and hence they are better than stocks and should prefer to invest in the money in future.
Answer:
A) kiosk
Explanation:
Based on the information provided within the question it can be said that in this scenario the vending machines in the airport is a kiosk. This term refers to physical structure which is used either to display information to passing strangers or to provide the individuals passing by with a product or service. Which in this case the structure/vending machine is providing beauty products.
Answer:
Value
<h3>What are the value definition and examples?</h3>
- Value is the worth of goods, services, or money of an object or person.
- An example of value is the amount given by an appraiser after appraising a house.
- An example of value is how much a consultant's input is worth to a committee.
To learn more about it, refer
to brainly.com/question/25689052
#SPJ4
