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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.

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4 0
3 years ago
Read 2 more answers
g rporation's budgeted sales for February are $334,000. Webster pays sales representatives a commission of 6% of sales dollars.
UNO [17]

Answer:

$28,240

Explanation:

Total sales = $334,000

Variable cost:

Sales commissions = $334,000 × 6%

                                = $20,040

Total fixed costs = Sales manager's salary + Advertising expenses

                            = $5,300 + $2,900

                            = $8,200

Total selling expenses = Total variable cost + Total fixed cost

                                      = $20,040 + $8,200

                                      = $28,240

Therefore, the total selling expenses to be reported on the selling expense budget for the month of February is $28,240.

5 0
4 years ago
What are some reasons why individuals might choose to not raise children in their lifetime? these may include personal reasons a
Likurg_2 [28]
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6 0
3 years ago
Benny, a supervisor, needs to assess Amanda's, a subordinate's, performance. He considers Amanda to be reliable and meets all hi
prohojiy [21]

Answer:

B. Contrast Error

Explanation:

Contrast error occurs during the performance evaluation of an employee, whereby the evaluation or appraisal of the employee is affected by the fact that the previous employees or co-workers were relatively good or bad. It is a rating error in evaluation of an individual, in which the level of performance of that individual or group is affected by the level of performance of another individual or group. In this case, Amanda was rated average by Benny because of how excellent Christina is. Amanda was set to get a higher performance rating Benny did not compare her performance to that of Christina.

6 0
3 years ago
Computation of the annual percentage rate (APR) recognizes interest compounding, whereas computation of the effective annual rat
Korolek [52]

Answer:

FALSE

Explanation:

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