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poizon [28]
3 years ago
14

Suppose the incomes of buyers in a market for a particular inferior good decrease and there is also a reduction in input prices.

A Equilibrium output would increase, but the impact on equilibrium price would be ambiguous. B. Equilibrium price would increase, but the impact on equilibrium output would be ambiguous. C. Equilibrium output would decrease, but the impact on equilibrium price would be ambiguous. D. Equilibrium output would decrease, and equilibrium price would decrease
Business
2 answers:
Natasha_Volkova [10]3 years ago
5 0

Equilibrium quantity would increase, but the impact on equilibrium price would be ambiguous.

With a decrease in input prices, the producers will be willing to produce more items, but we are unsure if consumers will be able to buy more because they drop in income; therefore, we don't know what the price will do.

Karo-lina-s [1.5K]3 years ago
4 0

Answer:

A. Equilibrium output would increase, but the impact on equilibrium price would be ambiguous.

Explanation

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Investment banks are guilty of conflict of interest when they A) pressure their analysts to produce research favorable to their
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Answer and Explanation:

As we know that

The assets, expenses contains debit balance while the liabilities, revenues and stockholder equity contains credit balance

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b. Cash            Asset                      debit                       debit            resources on the owners hand

c. Legal Expense  = expense        debit                        debit         consumption of cost

d. Accounts Receivable      Asset                      debit                       debit      resources on the owners hand

e. Dividends    =     Equity                debit                          debit   distribution made to owners

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