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An increase in the cost of pet grooming supplies would shift the supply curve for pet grooming services leftward
The amount of a resource that businesses, producers, workers, providers of financial assets, or other economic agents are willing and able to offer to the market or to a specific person is known as supply in economics. Supply can refer to manufactured items, labour hours, raw resources, or any other in-demand or pricey item.
Supply is frequently represented graphically as a supply curve, with amount supplied as a function of price on the horizontal axis and price per unit on the vertical axis. It is sad yet a common practise to reverse the dependent and independent variables from their customary positions.
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Spelling.
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It's really about language and the evolution of tongues, but when I say tongues, I mean dialects, since they both mean the same thing: Praise God.
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what does this mean and what does it say?
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Industry in backward areas can become very helpful to revitalize the economy and improve the standard of living of the population with the provision of jobs, salaries, and other associated economic activities. So in this sense, establishing industry in backward areas would be necessary and very helpful as well.
However, there is the issue of whether industry can survive in a backward area, or if it can be established there in the first place. Backward areas are precisely backward because they lack certain socioeconomic indicators that attract dynamic economies, like the education level of the population, or economies of scale. For this reason, it is likely that many incentives, like tax incentives, would be needed for an industry to establish itself in a backward area in first place.
