1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Zolol [24]
3 years ago
7

Say that the original supply curve for avocados is the curve labeled S and the demand curve for avocados is the curve labeled D.

If the supply curve moved from S to S1 and the demand curve did not move, at the new equilibrium we would conclude that
A. supply decreased and quantity demanded decreased.
B. supply increased and quantity demanded decreased.
C. price decreased and quantity demanded did not change.
D. supply increased and quantity demanded increased.
E. demand increased and quantity supplied increased.
Business
1 answer:
DaniilM [7]3 years ago
4 0

Answer:

D. supply increased and quantity demanded increased.

Explanation:

When supply curve moved from s to s1 , supply increased . demand curve did not move . Then the new equilibrium will shift towards the lower price with demand also showing increasing trend to balance supply but at lower price.

You might be interested in
A three-year bank CD paying 7.23 percent compounded quarterly. Calculate effective annual interest rate (EAR)? (Round answer to
Serggg [28]

Answer:

Follows are the solution to the question:

Explanation:

m = 4,

EAR = (1 + \frac{0.08}{4}) \times 4-1

       =  1 + 0.02 \times 4-1\\\\=  1 + 0.08 -1\\\\= 0.08\\\\

The successful quarter cumulative rate of interest = 8.24 \%

In Method 2 use Tool in Texas:

By Using the (ICONV) worksheet:

1)

To pick the worksheet, click ICONV 2.

2)

Its previous meaning will represent the NOM.

3)

To clear the worksheet, click [CLR WORK] 2nd

Continue as below.

Displayed keystrokes:

NOM = previous value 2nd ICONV:

NOM = 0.00 2nd CLRWORK:

8 DAYS: Name = 8.00.

EFF: DownArrow = 0.00

DownArrow: C / Y = meaning previous

4)

DOS: C / Y = 5.00 p.m.

EFF: DownArrow = 0.00

CPT: FRP = 8.24

3 0
3 years ago
Every year, 7 Days, a large retail chain, organizes a large annual function in which it gives an "Employee of the Year" award to
Simora [160]

Answer:

E) ceremonies

Explanation:

In an organization's culture, ceremonies are extremely important for what they represent, not necessarily for the monetary amount of a price. A ceremony is a formal event and in this case it occurs in front of almost all the employers of the retail chain. The employee that is awarded the prize is not only given money, he/she is also being recognized for being the employee of the year in front of everyone else.

5 0
4 years ago
Read 2 more answers
Merry Maidens Cleaning generally charges $260 for a detailed cleaning of a normal-size home. However, to generate additional bus
kiruha [24]

Answer: $234

Explanation:

6 0
3 years ago
Read 2 more answers
The price elasticity of supply for basmati rice (an aromatic strain of rice) is likely to be which of the following?
tiny-mole [99]

Answer: D. Higher in the long run than the short run, because farmers cannot easily change their decisions about how much basmati rice to plant once the current crop has been planted.

Explanation:

Price Elasticity of Supply refers to how Supply changes in response to a change in price. Essentially, if the price of a good increases, will Supplier supply more or less of that good as a result and by how much will they do so.

In the short run, the farmers would have already planted the crops and so would be unable start changing the quantity that they expect from the harvest. They will therefore supply the amount they harvested regardless of a price change.

In the long run however, they can change the amount of rice planted depending on the price of the rice in the market. Price Elasticity is therefore higher in the long run than in the short run.

5 0
3 years ago
Exercise F The luggage department of Sampson Company has revenues of $1,000,000; variable expenses of $250,000; direct fixed cos
Yanka [14]

Answer:

Decrease by $250,000

Explanation:

Calculation for what would be the effect on net income.

We would be using Differential Analysis method to find the effect on the net income

Differential Analysis

Continue with Luggage Department; Eliminate Luggage Department; Effect on Income

Sales

1,000,000 0 -1,000,000

Variable cost

-250,000 0 250,000

Direct fixed costs

-500,000 0 500,000

Indirect fixed costs

-300,000 -300,000 0

Net Income

-$50,000 -$300,000 -$250,000

Therefore in a situation where the luggage department is eliminated, the income would decrease by $250,000

3 0
3 years ago
Other questions:
  • You find a certain stock that had returns of 17 percent, -24 percent, 25 percent, and 8 percent for four of the last five years.
    8·1 answer
  • A company prepares its income statement by listing all sources of revenues and gains at the top, followed by a list of all expen
    11·1 answer
  • A country has passed a law setting a minimum wage for factory workers 5% below the equilibrium price. How will this law impact t
    11·1 answer
  • How does the nurse manager or leader play a role in the reengineering of health care?
    10·1 answer
  • Certain adjusting entries made at the end of an accounting period are reversed at the beginning of the following period Required
    9·2 answers
  • Based on the following information, calculate the variable overhead rate variance. Actual variable overhead cost $15,500 Actual
    7·1 answer
  • "The New Age Gallery has different admission prices for students, adults, and seniors. All three groups are entitled to the same
    7·1 answer
  • If money going out of the business is greater than the money coming into the business, what happens?
    10·1 answer
  • Binta always consumes Chick-fil-A chicken with Chocolate Milkshake, she will only have some utility if she consumes them togethe
    15·1 answer
  • A planned unit development (PUD) is an example of A) multiple-use zoning. B) aesthetic zoning. C) directive zoning. D) bulk zoni
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!