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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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Governments often set price floors in an effort to protect:

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Answer:

B) Producers from low market prices

Explanation:

Price floors are usually used in order to ensure that the market price of a commodity does not fall below a level that would threaten the financial existence of producers of the commodity.

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3 years ago

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Answer:

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4 years ago

AA Companies has identified two mutually exclusive projects. Project A has cash flows of - $20,000, $5,000, $10,500, and $11,500

nexus9112 [7]

Answer:

At the Internal Rate of Return (IRR).

Explanation:

The Internal rate of return is the Interest rate that will make the Present Value of Cash Flows equal to the price or cost of the initial investment. This rate gives a Net Present Value of zero.

If at that rate both Project A and Project B give a Net Present Value of zero, you will be indifferent (the choice is the same irregardless of the alternative chosen).

Project that provide for a return greater than the Internal Rate of Return must be chosen.

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3 years ago

Robert Necco and Nelson Packard are economists at Economic Research Associates. ERA asks Necco and Packard for their opinions ab

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Answer: B) Correct Incorrect

Explanation:

Whilst it was generally believed at some point that raising taxes and Government Spending by the same amount would have no effect, research has disproven this thought.

This is because it was shown that an increase in Government Spending leads to a larger increase in GDP than an increase in taxes reduces it.

This is because when the Government spends money, the Multiplier effect of Government Spending is always 1 more than that of the Taxes therefore raising taxes and spending by the same amounts still increases the Real GDP because Government Spending will create more income than taxes will take.

Necco is right, Packard is wrong.

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4 years ago

Choose all of the possible causes of structural unemployment

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Answer:B) changes in technology C) increase in global competition E) changes in required training or education

Explanation: I just did it

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2 years ago