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Amanda [17]
3 years ago
5

Write a generalization about the relationship between price and the quantity supplied

Business
1 answer:
SVETLANKA909090 [29]3 years ago
6 0

Answer:

see below

Explanation:

Supply is the term used by economists to describe the quantity that supplies are willing to sell to buyers at a given price or different prices. As per the law of supply, the higher the price, the more quantities firms will be willing to supply.  

The supply curve is a graphical illustration of the relationship between the price of a commodity, and the quantities firms are willing to supply at different prices.  The supply curve is upward sloping. The X-axis of the graph indicates the quantities at different prices.  This relationship can also be expressed in a tabular format known as the supply schedule.

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A worker’s positive reaction to a negative performance review from an employer might be to ______.
wel

A worker’s positive reaction to a negative performance review from an employer might be option A "ignore the criticisms made at the review." Option A seems to be the best fit for this question because option B would I consider a negative reaction because addressing the employer over the negative review could start a fight and the other two seem too irrelevant for this question.

Hope this helps.

3 0
3 years ago
Read 2 more answers
Shen manages a grocery store in a country experiencing a high rate of inflation. He is paid in cash twice per month. On payday,
IRINA_888 [86]

Answer:

The correct answer is option b.

Explanation:

Shen is working in a country where the inflation rate is high.  

He gets a salary every two weeks.  

After receiving his salary he immediately goes out and buys all the goods he is going to need over the next two weeks.  

He converts the remaining salary in a more stable currency.  

He does this in order to prevent his salary from losing purchasing power.  

This effort that he is making to prevent his real income from losing value is called the shoe-leather cost of inflation.  

The shoe-leather cost can be defined as the cost of time and effort made to prevent the cash holdings from losing their value.

3 0
3 years ago
The aggregate demand curve
laiz [17]

Answer:

<u>B. shows planned purchase rates of goods and services at various price levels.</u>

Explanation:

  • The aggregate demand is the total demand for final goods and services in the economy over a given period of time. And is often distinguished as the effective demand curve. That is the demand for the GDP of the nation.
  • As it specifies all the goods and the services that are to be purchased at all the possible levels. Hence this demand curve shows us the real output given on the horizontal axis. Thus the curve shows the quantity of the output that is demanded and the aggregate of the all price level.
5 0
3 years ago
Consider the impact of the following two events in the television market.First, people are using more tablets and fewer televisi
babunello [35]

Answer:

The correct answer is option B.

Explanation:

As people are using more tablets and fewer television sets, the demand for television sets will decline. This will cause the demand curve to shift to the left. As a result, the price level will decline.  

Now, with new production technique the cost of production declines. As a result, there will be an increase in the supply as the firm will be able to produce more at the same cost. This will cause the supply curve to shift to the right. This rightward shift in the supply curve may lead to an increase or decrease in the quantity of output. It depends on the extent of change in supply.

7 0
3 years ago
A kind of annuity that consists of cash flows of equal amounts occurring at regular intervals and that continues indefinitely is
lozanna [386]

Payment is a type of annuity that comprises of equal financial flows that happen at regular periods and last forever.

Describe an annuity.

The goal of nationwide annuities is to increase your retirement income. They are long-term agreements with an insurance provider where you put money. You receive income in the form of recurring payments as compensation for your investment.

many annuity types

There are several different annuity product categories to pick from. Your financial professional can design a strategy to fit your unique objectives, whether you're searching for income possibilities, tools for legacy planning, or spousal protection.

to know more about annuity

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4 0
1 year ago
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