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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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B) A unilateral contract.

<h3><u>What exactly is a unilateral contract?</u></h3>

In contrast to the more typical bilateral contract, a unilateral contract is a sort of agreement where one party (also known as the offeror) makes an offer to another individual, business, or the general public. The offeree must carry out the act or provide the service specified in the agreement in order to get what the offeror promised.

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<h3><u>What do you need to understand about unilateral contracts?</u></h3>

Although only one party is making a pledge in a unilateral agreement, it is nonetheless legally binding.

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2 years ago

Descriptors are provided below for six situations involving notes receivable being discounted at a bank. In each case, the matur

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Is this a real question just curious

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elixir [45]

Answer:

c. discretionary income.

Explanation:

There are various incomes which are explained below:-

a. Net Income: The income which is calculated after considering all expenses is called gross income.

b. Disposable income: The income which is computed after deducting the tax expenses is known as disposable income. It is not meant for basic necessities that means it considered only tax expenses.

c. Discretionary income: The income which is computed after considering the income, government taxes, other business expenses and day to day expenses is called discretionary income.

d. Gross income: The income which is calculated before considering all expenses is called gross income.

e. Earned income after taxes: The income which is earned after deducting the tax expenses is called earned income after taxes.

In the given situation, the most appropriate option is C.

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3 years ago

What type of witness is allowed to give opinions during testimony?

klio [65]

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_____________ - a term referring to the fact that for many goods, as the level of production increases, the average cost of prod

amm1812

Answer:

Economies of scale

Explanation:

As the production increases, the cost per unit of a single product type decreases.

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