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
vitfil [10]
3 years ago
7

Which situation best illustrates an effect of the law of supply?

History
1 answer:
Vitek1552 [10]3 years ago
5 0

Answer:

A. A store stocks more phones when it learns that their selling price  has gone up.

Explanation:

The law of supply states that if there is an increase in the price of a commodity or good, then the supply or quantity also increases. In simple terms, it means that the <u>price of a good is directly related to the quantity supplied</u>.

Taking the above statement into consideration, the best illustration of this law of supply is when the stocks of phones are increased by a store when their selling prices increased. This follows the law of supply by the increase in stock after the selling price increases. So, when the price increases, the quantity of phones also increases.

Thus, the <u>correct answer is option A. </u>

You might be interested in
Which of these statements best describes absolute rulers?
miskamm [114]
Absolute rulers have no checks on their power.
As in the name they have absolute power and would be considered a dictator.
7 0
3 years ago
Imagina, reflexiona y responde: Siendo que Marx era materialista, si viviera en la actualidad y el socialismo se hubiera desarro
crimeas [40]

Answer:

Al Marx ser un materialista, probablemente estaría preocupado en especial por la desigualdad económica, tanto de ingreso como de riqueza.

Marx probablemente se dedicaría al estudio de este fenómeno, y en especial, de los hechos que han llevado a que la desigualdad económica haya aumentado en las últimas décadas en muchos países.

Probablemente continuaría mirando estos fenómenos tanto desde una perspectiva económica como filosófica.

7 0
3 years ago
What did James Madison expect the Constitutional Convention to do? A. solve the problems of the Articles of Confederation
scZoUnD [109]
The one that James Madison expected the constitutional convention do is : C. Replace the articles of Confederation
According to madison, the articles was way to weak and it needed to be replaced by the new one

hope this helps
7 0
3 years ago
20. Which of the following was NOT a factor that left the western part of
horsena [70]

Answer:

The western portion was if anything wealthier than the eastern portion, but it squandered its resources foolishly.

Explanation:

3 0
3 years ago
Using a multimedia tool, create a digital timeline representing Georgia's role in the Civil Rights Movement of the 1940's and 19
liberstina [14]

Answer:

The civil rights movement was an organized effort by Black Americans to end racial discrimination and gain equal rights under the law. It began in the late 1940s and ended in the late 1960s. Although tumultuous at times, the movement was mostly nonviolent and resulted in laws to protect every American’s constitutional rights, regardless of color, race, sex or national origin. is that ok or not?

4 0
3 years ago
Other questions:
  • The structure and functions of the Chinese Civil Service from the 5th Century BCE onwards was greatly impacted by
    7·1 answer
  • Which best describes immigrants in the 1920s who were known braceros​
    11·2 answers
  • Since no candidate had a majority of the electoral votes, which of the following had to choose the President in 1824?
    14·2 answers
  • Most of the population in England migrated to cities in the late elghteenth century because of better _____.
    15·2 answers
  • Which of the following people was not a famous TV star from the 1950s? Lucille Ball, Gloria Swanson, Red Skelton, Jack Benny
    8·2 answers
  • ¿cuál fue la ciudad más poblada e importante durante la edad media?<br>​
    15·1 answer
  • Ohio's population increased by nearly
    13·1 answer
  • Why was Stephen F. Austin arrested in 1834? help major test​
    8·1 answer
  • Which of these is the major cause for the fall of the Persian Empire?
    15·1 answer
  • Explain why civil servants working within the FAA might implement changes to federal law
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!