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3 years ago

If supply falls and demand remains constant, once the market has adjusted to its new equilibrium there will be

Business

1 answer:

QveST [7]3 years ago

3 0

Answer:

An increase in Price and decrease in Quantity.

Explanation:

Please see the attached Decrease in Supply when Demand is Constant Diagram for further explanation:

Supply Curve is always upward because Supply and Price are directly proportional as shown in attached diagram as S .

Demand Curve is always downward because Demand and Price are inversely proportional as shown in attached diagram as D .

The point where Demand Curve and Supply curves meet each other or intersect each other is called Equilibrium as shown in the attached diagram as E. At this the point Quantity Demanded and Quantity Supplied are equal.

The point at which Equilibrium touches the price is called Equilibrium Price as shown in the attached Diagram as P. At this point the Quantity Demanded and Quantity Supplied are equal.

The Point at which Equilibrium touches the quantity is called Equilibrium Quantity as shown in the attached Diagram as Q. At this point the Quantity Demanded and Quantity Supplied are equal.

Since the Demand is constant D and Supply is decreasing, So when the Supply decreases it shifts towards its left side as shown in the attached diagram as S'.

After decrease in Supply the changes it brings a new Equilibrium point as E' at which Equilibrium Price rises to P' and Equilibrium Quantity falls to Q' as shown in the attached diagram. At this point the Quantity Demanded and Quantity Supplied are equal.

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nternational trade can have big effects on domestic markets. For both an import good and an export good (in other words, address

belka [17]

Answer:

International business is a affects the domestic economy in many ways.

Explanation:

The impacts of international trade can vary from the supply and demand of a particular good or product and their impact on the domestic market functioning. The price changes in the market affect the wages received by the workers as trade opens new foreign markets.

The supply of the products is depended on the demands of the consumers which may be affected by the government policies, and many socio-cultural aspects.

International trade leads to the increase of the value of the products and thus increases in the demands and the competitiveness of the market, for this, the government provides a subsidy to the domestic infant industries to protect them from getting removed for the competition.

Due to the competition, the firms try to sell their product at a lower or higher cost thereby increasing the quantity demanded by the customer. Thus the equilibrium of the price and quantity demanded changes.

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3 years ago

Indicators created by mathematical formulas using a company's financial information for comparison purposes are called ______.

Vinil7 [7]

Current ratio is a mathematical formulas which make use of a company's financial information for comparison purposes

<h3>What is current ratio?</h3>

The current ratio is the one that measures a company's ability to cover its short-term obligations with its current assets. It indicate whether or not a company is able to meet its short term financial obligations.

Current ratio is computed by dividing the current asset over current liability. It compare a company's financial information.

Hence, indicators created by mathematical formulas using a company's financial information for comparison purposes are called current ratio.

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2 years ago

The initial cost to rent a bike is 6$. each hour the bike is rented costs 1.50. connor is going to rent a bike an can spend at m

ki77a [65]

$6.00 + 1.50(x) ≤ $12.00
1.50 x ≤ $12 - 6
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3 years ago

(1) Quality of products available in superstore.

Pavlova-9 [17]

Answer:

(1)B

(2)A

(3)B

(4)A

Explanation:

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4 years ago

When an advertiser is in the process of creating an ad and debates whether to run the ad on television or in print, the advertis

Natasha_Volkova [10]

When an advertiser is in the process of creating an ad and debates whether to run the ad on television or in print, the advertiser is deciding on which medium to use.

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Since the advertiser wants to create an advertisement is deciding whether to run the ad on television or in print, then the person is deciding on the medium to use.

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3 years ago