Answer: D) Technological lockout.
Explanation: Technological lockout occurs when a new dominant design prevents a company from competitively selling its products.
In this scenario, people switched to the other food delivery applications. Hence, preventing Sewsavor from competitively selling its products as it used to.
Answer:
Supply increases and price falls; Demand increases and price increases.
Explanation:
Other things remains the same,
If many Americans are selling their used cars, then this will lead to increase the supply of used cars in the market for used cars and shifts the supply curve rightwards. This shift in the supply curve will decrease the prices of used cars.
Now, Americans are buying new fuel-efficient hybrids which will increase the demand of hybrids in the market for hybrids and shifts the demand curve of hybrids rightwards. Therefore, this shift in the demand curve of hybrids will increase the prices of hybrids.
Note: Missing options are attached with the answer.
All of the above all the above I've done it all
Unions are still popular, but not as popular as they were in the late 19th century and early 20th century, because there is more capital circulation, which generally means better conditions for laborers.
Answer:
The main reason for imposing price ceilings is to protect the interests of the consumers in situations in which they are not able to afford needed commodities.
Explanation: