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Ray Of Light [21]
3 years ago
8

Consider the market for economic textbooks. Explain whether the following event would cause an increase or decrease in supply or

an increase or decrease in the quantity supplied.
a. The market price of paper increases. This will cause a(n)b. The market price of economics textbooks increases. This will cause a(n)c. The number of publishers of economics textbooks increases. This will cause a(n)d. Publishers expect that the market price of economics textbooks will increase next month. This will cause a(n)
Business
1 answer:
saw5 [17]3 years ago
6 0

Answer:

A. Decrease in supply

B. Increase in quantity supplied.

C. Increase in supply

D. Decrease in supply

Explanation:

If the price of paper increases, the cost of production increases and supply falls.

If the price of economics textbooks increases, the quantity supplied increases in line with the law of supply.

If the number of publishers increase, the supply would increase.

If there are expectations that prices would rise in the future, suppliers would decrease supply now and increase it in the future in order to earn a higher revenue.

I hope my answer helps you

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<h3>What is meant by fiscal policy?</h3>

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Contractionary means the raise in taxes and the decrease in government spending. The expansionary policy is the opposite of this. Hence we have to say that Fiscal policy involves government changes to spending or taxation to affect the economy.

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<h3>What is a disposal account?</h3>

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6 0
2 years ago
Your client, Vinces Veggies, wants to increase downloads of their popular recipe printouts. You suggest they create ad groups ba
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Answer:

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6 0
3 years ago
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mixer [17]

Answer:

When Manufacturing of a Product involves several processes.

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