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3 years ago

Which of the following would cause the supply curve to shift to the right?

Business

1 answer:

AnnZ [28]3 years ago

5 0

Answer:

Technology improves production.

Explanation:

Supply refers to the quantity of goods and services produced and offered to the market for sale.

There are several factors that could cause the supply curve to shift to the right, one of which is technology improves production. An improvement in technology will phase out manual or slow process of production hence shifts supply curve to the right.

When government increases tax on a business, if will affect the income that should have accrued to the business hence supply curve inward. An increase in input prices will affect production cost thereby shifting supply to the left. Also when there is a decline in the numbers of consumers, it will shift supply curve inward because it is these consumers that will purchase whatever that is produced and supplied to the market.

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Sam Snead, the owner of Snead's Fine Golf Wear, used $1800 of his personal funds to go on vacation. Which of the following is

AveGali [126]

Answer:

D. Do not record the transaction in the general journal

Explanation:

There is no need to record the transaction in the general journal since the money that was actually spend by Sam Snead happens to be his own personal fund rather than the company's fund (That is, the Golf Wear company). Funds belonging to the company are those that deserve to be recorded in the general journal.

4 0

3 years ago

The cross-price elasticity of demand measures the percentage change in quantity of a good demanded when the price of a different

Harrizon [31]

Answer:

hello your question is incomplete attached below is the complete question

answer :

For Negative cross-price Elasticity :

DVD players and DVD and Shampoo and conditioner

Positive cross-price Elasticity :

Beer and Wine and Soda pop and iced tea

Zero cross-price elasticity :

Coffees and shoes

Explanation:

For Negative cross-price Elasticity :

DVD players and DVD and Shampoo and conditioner ; this is because the percentage change in the price of any of the good will affect the demand for both goods negatively or positively

For positive cross-price Elasticity :

Beer and Wine and Soda pop and iced tea : The percentage change in the price of any of the good will affect the demand of the other good positively ( increase in demand of the other good )

For Zero cross-price Elasticity :

Coffees and shoes; The percentage change in the price of any of the good will not affect the other because both goods are not related

6 0

3 years ago

Describe a "rite of initiation" that you experienced at a place of work. This could be described via a situation in which you be

SCORPION-xisa [38]

Answer: Rites of initiation is a good thing at the workplace. The answer is explained further below.

Explanation:

Initiation is the rite of passage marking the entrance or acceptance into an organization, a group or a society. The rite of initiation I experienced at a place of work was when I worked as an intern for a firm and I was told that the rite of initiation was for me to sing my favourite song. I actually sang my favorite song and it was fun and I was welcomed into the organization and introduced myself.

I believe rites of initiation are important at the workplace. It helps to increase engagement, boost employee moral, and also foster a supportive culture. It also enable the organization reach its goals as the workers are united and work as a team.

3 0

3 years ago

Which of the following are the fixed costs relative to the number of the units produced and sold? a. straight-line depreciation,

ollegr [7]

Answer:

The correct answers are letters "A", "B", and "C": straight-line depreciation, manager's salary, store rent.

Explanation:

Fixed Costs are business expenses that do not change as the level of production goes up or down. They are one of two types of business expenses the other being variable cost. Variable costs do change as the volume of production changes. Examples of fixed costs are high-executive salaries, rent, depreciation, and insurance. Examples of variables costs are commissions, raw materials, and transportation fees.

7 0

3 years ago

Cassie's Quilts alters, reconstructs, and restores heirloom quilts. Cassie has just spent $800 purchasing, cleaning, and reconst

Nataliya [291]

Answer:

The correct option is B.

Explanation:

The marginal benefit is the maximum amount which a person or individual is willing to pay in order to have an additional service or benefit. It is the additional satisfaction, which the person receives when an additional service or good is purchased.

So, in this case, Cassie need or require some special fabric which cost her $200 that is the additional amount she need to pay in order to complete the task. But alternatively, she could sell the quilt for $900. Therefore, she had a marginal benefit of $900, if sells the quilt as is now.

3 0

3 years ago