The law of supply illustrates all the quantities of goods that producers are willing and able to sell at every possible price.
<h3>What is the law of supply?</h3>
The law of supply states that when prices increase, the quantity supplied increases and when price falls, the quantity supplied falls. This shows that price and quantity supplied are positively related. This explains why the supply curve is positively sloped.
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Answer:
The answer is "The coal and steel industries".
Explanation:
In compliance with the terms of the 1975 Constitutional Act, on 5 June 1975, the UK promised a Vote on Inclusion in the European Union, often alluded to as the Vote on the European Union, the Single Market Vote as the EEC Participation referendum to measure support.
This Group established its Council of Europe Coal and Steel Community, that consolidated free flow of coal and steel as well as the freedom of access to sources of production in 6 countries.
Answer:
The answer is below
Explanation:
Appreciation and depreciation is caused by demand. If the value appreciates (or goes up), demand for the currency also rises. Whereas if a currency depreciates, it loses it value.
Given that the U.S. dollar appreciates from 1.25 Swiss franc per U.S. dollar to 1.5 francs per dollar. Sine the U.S dollar appreciates, hence the franc would depreciate. The franc depreciates from 1.25⁻¹ (0.8) U.S dollars per franc to 1.5⁻¹ (0.67) U.S dollars per franc.
If the U.S. dollar appreciates from 1.25 Swiss franc per U.S. dollar to 1.5 francs per dollar, then the franc depreciates from 0.80 U.S. dollars per franc to 0.67 U.S. dollars per franc.
Answer:
Price of the stock at the end of three years =$34,27
Explanation:
Price of the stock today = 
.
Where D1 is the total dividend earned in year 1 =$0.2*4=$0.8
D1=D2=D3=$0.8
therefore, from the given information
.
Solve for P3, which is the price of the stock at the end of three years =$34,27.
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