1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
bekas [8.4K]
3 years ago
10

Sabrina decided to start selling lemonade on her street. The other kids in the neighborhood noticed that Sabrina was making a lo

t of money selling lemonade. These kids decided to open their own lemonade stand. When they opened their own lemonade stand, the equilibrium price ________ and the equilibrium quantity ________.
A. decreased; decreased
B. decreased; increased
C. increased; increased
D. stayed the same; stayed the same
E. increased; decreased
Business
1 answer:
nikklg [1K]3 years ago
4 0

Answer:

The correct answer is (b)

Explanation:

The kids opened their own lemonade stand which led to an increase in the overall supply of lemonade. The increase in the overall supply of lemonade will lead to a decrease in the equilibrium price. Now, Sabrina must decrease the price of lemonade to compete with competitors. Increase in market competition always leads to a decrease in equilibrium price.

You might be interested in
Mona sets up a business consulting firm in which the employees are motivated because they find their work interesting and creati
gayaneshka [121]

Answer:

Letter C is correct. <em>A firm that relies on high output controls to tap into intrinsic motivation.</em>

Explanation:

By carefully selecting the employees of his consulting firm, Mona ensures that each employee's expected competency and skills profile has been met through rigorous selection, which enhances the chances that operational strategies will be more widely deployed and accepted effective.

By setting the expected results, but letting the employees themselves define how to achieve them, it generates an intrinsic motivation, one that generates internal feelings in the individual to want to achieve personal goals, objectives and projects that motivate and stimulate them.

4 0
3 years ago
You are involved in an Information Systems project. The project's scope has widened, but there is no change in cost, quality, an
LenKa [72]

Answer:

True

Explanation:

Project scope deals with the specific requirements or tasks necessary to complete the project. Scope is important to manage on any project, because if you can’t control the scope of the project, you’re not likely to deliver it on time. Also should the scope get widened it will result in time taken to complete the project.

Every project is faced with the triple constraint, which are the time, scope and cost.

Kindly see the attached for further clarity

3 0
2 years ago
Disposable personal income is A. personal income minus indirect business taxes. B. national income minus depreciation. C. person
Anni [7]

Answer:

C. personal income minus personal taxes.

4 0
3 years ago
A middleman is Multiple Choice a person or firm whose sole responsibility is bringing a buyer to the last link in the distributi
hichkok12 [17]

Answer:

would you still like me to help you with this question

5 0
2 years ago
Item 3 What do economists call GDP that uses constant, unchanging prices? constant GDP real GDP nominal GDP factual GDP
Ivenika [448]

Economists call GDP that uses constant, unchanging prices as

<u>Real GDP</u>

Explanation:

  • Real gross domestic product (real GDP for short) is a macroeconomic measure of the value of economic output adjusted for price changes . This adjustment transforms the money-value measure, nominal GDP, into an index for quantity of total output.
  • It is calculated using the prices of a selected base year. To calculate Real GDP, you must determine how much GDP has been changed by inflation since the base year, and divide out the inflation each year.
  • Real GDP  accounts for the fact that if prices change but output doesn't, nominal GDP would change.
  • The real economic growth, or real GDP growth rate, measures economic growth as it relates to the gross domestic product (GDP) from one period to another, adjusted for inflation, and expressed in real terms as opposed to nominal terms
7 0
3 years ago
Other questions:
  • If the donor dies in the year in which a gift is made, the gift tax return
    9·1 answer
  • The chinese government limited auto sales in large cities such as beijing and shanghai because their roads could not handle more
    11·1 answer
  • Sales for BMW models are often highest in the last model year. By adding versions like a convertible model or features such as a
    10·1 answer
  • Which term describes the economy that revolves around providing intangible services such as restaurant work, health care provisi
    6·1 answer
  • Pleaseee
    9·1 answer
  • Luciana, a nonshareholder, purchases a condominium for her employer for $85,000. The fair market value of the condominium is $12
    8·1 answer
  • Gather secondary data by reading what others have experienced and observed. You should begin nearly every research project by re
    12·1 answer
  • On behalf of Bobble Head Manufacturing Company, Carmela types her name at the bottom of an e-mail purchase order and submits the
    13·1 answer
  • For​ 2018, Winters Manufacturing uses machineminushours as the only overhead costminusallocation base. The direct cost rate is $
    11·1 answer
  • A graph titled Change in U S Unemployment and Inflation from 1971 to 2001 has the year on the x-axis and percentage change on th
    6·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!