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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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Why is using money as a medium of exchange preferable to bartering?

Y_Kistochka [10]

Answer:

Money as a medium of exchange is more preferable because of its less cumbersome nature.

Explanation:

Money as a medium of exchange is more suitable because of its less cumbersome nature. Money was invented because of the inefficient nature of the barter system.

Money is easily stored compared to a barter system.

Money as a medium of exchange eliminates the barter system's problem of double coincidence of wants. Barter works when you trade things you own for things you want. If for example you want a bicycle and you own a goat, you have to look for someone who wants a goat and owns a bicycle willing to make an exchange, which can be quite difficult.

Money is an acceptable medium of exchange to all parties which makes it more preferable to bartering.

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3 years ago

In the framework of monopolistic competition, which of the following is not a possible outcome for a firm that runs a successful

castortr0y [4]

Answer:

The correct answer is A)

Explanation:

When products and or services are manufactured at a level that maximizes social welfare, allocative efficiency is said to have occurred.

A market system characterized as monopolistic competition may <u><em>never </em></u>achieve productive efficiency because firms often fix prices at a point higher than their marginal costs.

Marginal cost refers to the added cost incurred by producing or manufacturing one additional unit of a product.

Cheers!

5 0

3 years ago

While advocates of a market-oriented economy tend to argue that consumers benefit substantially when firms seek short-term profi

ELEN [110]

Answer: socially wasteful

Explanation:

Product differentiation is when a product is being distinguished from similar products in order to make it more appealing and therefore drive consumers choice.

It should be noted that critics of market-oriented economies may argue that product differentiation is socially wasteful.

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3 years ago

In the challenging world of retail sales, Macy's, Inc.'s (M's) revenues are declining while expenses are generally flat. Based o

Papessa [141]

Answer

a) Gordon's Constant Growth model : P0 = D1 / (r-g)

r = 3% =0.03 , g= -7% = -0.07 , D0 = $5.1

D1 = D0*(1+g)

D1 = 5.1*(1-0.07)

D1 = $4.743

P0 = 4.743/(0.03- (-0.07))

P0 = 4.743/0.10

P0 = $47.43

So, Stock M should sell at a price of $47.43 today

b) Price 8 years from now

==> P8 = D9/(r-g)

P8 = D0*(1+g)^9/(r-g)

P8 = 5.1* (1-0.07)^9 / (0.03- (-0.07))

P8 = 5.1*0.52041108298 / (0.03- (-0.07))

P8 = 2.65410

P8 = $26.54

c) Investor may want to buy the stock today for the Dividends. If the dividends paid are high enough, the present value of the dividends is also high and may more than compensate the fall in stock price. This type of stocks work and give cash flows like a project where the initial cashflows are higher and later cashflows are less because of market factors.

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3 years ago

An army pilot from State A was injured when his helicopter crashed due to a defect in the tail rotor. The helicopter was manufac

Anastasy [175]

The district court will first determine if there is a conflict between state and federal law with regard to the matter at hand before deciding whether to apply state or federal law.
If there is a contradiction between the appropriate state and federal laws, the district court must determine whether a valid federal statute or Federal Rule addresses the contested matter.
If there is no applicable federal act or regulation, the court must decide whether federal common law or state law should be applied.
When a "uniquely federal interest" is at risk and a considerable conflict arises between that interest and the operation of state law, the Supreme Court has also acknowledged the application of federal common law.

<h3>Federal district court took decision -</h3>

If there are significant, overriding federal interests at stake that require the application of federal law, a federal court may still apply federal common law.

Such federal interests are evident in this case, as was previously discussed.

Learn more about federal district court brainly.com/question/12368109

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2 years ago