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3 years ago

Brainliest Week

Business

1 answer:

Tasya [4]3 years ago

7 0

Answer: D.

Explanation:

For the supply to shift left, there must be a major development in the supply chain that will affect supply enough to decrease it for every price supplied.

Looking at the answers:

A. an increase in technology: this would not cause supply to be more expensive.

B. a decrease in the cost of a substitute would decrease demand, not supply.

C. an increase in consumer income levels would increase demand, as more consumers would be demanding more of the produce or service.

D. an increase in the cost of inputs for widgets would DECREASE supply, as the production of widgets is made more expensive at the same cost.

D is the correct answer.

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The aggregate demand curve shows a _____ relationship between _____ and _____ at a given spending growth.

rewona [7]

The aggregate demand curve shows a relationship between aggregate price level and demand at the given spending growth.

<h3>What is demand?</h3>

Demand is explained as the requirement of a certain product in the market, usually this demand is varied if the prices are changed and the demand also is impacted by the supply.

If the prices are high it is highly likely that the demand of that product will reduce if the product is not a necessity.

If the prices are lower the demand for the product will increase.

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2 years ago

Is it true that in a short-run production process, the marginal cost curve eventually slopes upward because firms have to pay wo

Leya [2.2K]

Answer:

Yes, This is True.

Explanation:

Marginal cost is the cost of one additional unit. The marginal cost curve will slope upwards because firm will pay more wage to the worker who produce more output. This can be regarded as the increase in output leads to increased wage rate. The marginal cost curve will be upward sloping because there will be addition to the marginal cost due to increase in one unit of output.

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3 years ago

Elaine, a small grocer, is planning to cut certain prices to increase her sales revenues. What will be the likely result of a pr

QveST [7]

Answer:

Quantity demanded of matches will remain unchanged, Quantity demanded of tomatoes will rise

Explanation:

Law of demand states that there is an inverse relationship between price of a good and it's quantity demanded, keeping other factors affecting demand as constant.

Price elasticity of demand refers to degree of responsiveness of quantity demanded of a good with respect to a change in it's price.

In the given case, price elasticity of demand for matches is inelastic since requirement of matches is fixed and consumer won't buy additional matches if the price is reduced. Thus a price decease will not increase the quantity demanded of matches.

On the other hand, tomatoes have various uses and thus, their demand is elastic. So if price of tomatoes drops, the quantity demanded of tomatoes would rise, keeping other factors affecting demand as constant.

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3 years ago

A tax on the buyers of personal computer external hard drives encourages:_________.

dezoksy [38]

Answer:

Option B. Buyers to demand a smaller quantity at every price

Explanation:

The reason is that the computer product price has been increased from the previous price due to imposition of tax on it and as we know that the higher prices will decrease the demand of the product and as a result the buyers are less likely to buy the product as it is now priced high.

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4 years ago

The chart shows the marginal cost and marginal revenue of producing apple pies.

Liula [17]

Answer:

The marginal cost will most likely increase to $2.00

Explanation:

Because I just did it.

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3 years ago

Read 2 more answers