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xz_007 [3.2K]
4 years ago
15

New technology improves production of home satellite dishes. At the same time, more people subscribe to cable TV. Show what will

happen to equilibrium price and quantity of satellite systems.
Business
2 answers:
drek231 [11]4 years ago
5 0

Answer: The equilibrium price and quantity of satellite systems will increase

Explanation:

erastovalidia [21]4 years ago
4 0

Answer:

When the price for satellite dishes and cable TV is different in satellite systems due to higher demand, equilibrium price will increase.

Explanation:

The balancing effect of supply and demand results in a state of equilibrium.

The equilibrium price is where the supply of goods matches demand. When a major index experiences a period of consolidation or sideways momentum, it can be said that the forces of supply and demand are relatively equal.

For satellite systems as shown in the questions, due to an increased supply for one product (Cable TV) over home satellite dishes, equilibrium price will increase.

And this is how it happens:

An increase in demand for Cable TV and a decrease in supply will cause an increase in equilibrium price and consumers will place a higher value on it. Producers will charge higher prices in order to supply them therefore, price will increase.

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The amount owed on different accounts decides 30% of the FICO score. Aside from the general amount owed, the FICO scores think about the amount claimed freely on explicit accounts. On the off chance that you utilize a noteworthy part of the credit you are qualified for, it can negatively affect the FICO scores. Be that as it may, utilizing a less amount from as far as possible allowed can give you a superior score than not utilizing the credit by any stretch of the imagination.  

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Explanation:

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3 years ago
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2 years ago
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Answer:

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