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Kamila [148]
4 years ago
15

An increase in the price of inputs will cause the equilibrium price to ______ and the equilibrium quantity to ______.a. increase

; increaseb. increase; decreasec. decrease; decreased. decrease; increase
Business
1 answer:
melomori [17]4 years ago
7 0

Answer:

b. increase; decrease

Explanation:

As the input prices increase, the firms average cost will increase as well, this will make the equilibrium point move as the supply curve will shift  to the left.

This movement will met the demand curve at a higher price and therefore, a lower quantity as the consumer demands decreases when the price of a certain good increase and move a portion of his consumption to other goods whch now has a lower opportunity cost.

You might be interested in
what recognizes the potential for valuable innovations to be launched from lower organizational levels and diverse locations, in
Mazyrski [523]

what recognizes the potential for valuable innovations to be launched from lower organizational levels and diverse locations, including merging markets, is known as:

"Reverse Innovation."

This is because reverse innovation is a type of innovation in which the product is originally innovated for poor neighborhoods such as developing regions, then repackaged in a way that is then sold to the rich neighborhoods such as developed regions.

Reverse innovation is a term originally coined by Vijay Govindarajan and Chris Trimble.

They claimed that reverse innovation is a kind of bottom-up innovation strategy whereby the products designed for poor areas are then redefined and sold to the rich areas.

Hence, in this case, it is concluded that the correct answer is "Reverse Innovations."

Learn more here: brainly.com/question/17931211

4 0
3 years ago
he natural level of output is the amount of real gdp produced a. when the economy is at the natural level of aggregate demand. b
Cloud [144]

The natural level of output is the amount of real GDP produced b. when the economy is at the natural rate of unemployment.

Real GDP is essentially a measure of a country's total economic output, adjusted for changes in prices. The value of real GDP reflects a country's economic statistics at a macro level.

When real GDP produces natural output, that is, the output level is in line with the equilibrium of the labour market when the real price level is equal to the expected price level. Then the economy makes the most of its productivity, including fully utilized labour, which means that the economy is at the natural rate of unemployment.

Find out more on the natural rate of unemployment at:

brainly.com/question/17205513?referrer=searchResults

#SPJ4

3 0
1 year ago
Other financial data for the year ended December 31, 2020: Included in accounts receivable is $1,200,000 due from a customer and
shepuryov [24]

Answer:

$2,500,000

Explanation:

Calculation for the current liabilities total

Account payable and Accrued Liabilities $1,761,000

Add Income tax payable $654,000

Add Deferred income tax liability $85,000

Current liabilities total $2,500,000

($1,761,000+$654,000+$85,000)

Therefore the Current liabilities total is $2,500,000

4 0
3 years ago
your cash T-account has a debit of $1,200. The following entries are made to cash T-account: debit $345, debit $43, credit $123.
IRINA_888 [86]

starting with a balance of $1200,

debit -345:  1200 - 345 = 855

debit -43:  855 - 43 = 812

credit +123:  812 + 123 = 935

New balance is $935

3 0
3 years ago
Every company is required to pay an unemployment tax that is based on the __________. Group of answer choices type of industry a
Anna007 [38]

Answer:

number of claims filed by ex-employees

Explanation:

According to Corporate Tax Laws and Regulations, every company is required to pay an unemployment tax that is based on the number of claims filed by ex-employees.

6 0
3 years ago
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