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
posledela
3 years ago
8

What is the effect on equilibrium price and quantity of the steel if the wages of steelworkers rise and simultaneously the price

of aluminum rises?
Social Studies
1 answer:
mel-nik [20]3 years ago
8 0

Prices of steel and aluminium prices will depend on the market demand and supply.

<u> Explanation: </u>

The manufacturing industries are mainly depending on the steel as major source of raw material. The main reason for the demand of the steel will increase if the infrastructure development in the society. And it also reflects the economic boom happening in the society.

So if the demand of the steel increases because of various reasons like wage rise and demand for raw material like iron ore. In the event of price rise of steel the aluminium will be the next alternate for steel in the infrastructure development. So, if there is demand for steel arises automatically the aluminium prices will also increase.

You might be interested in
Nayib said he would call his friend sharif when he got home from work. sharif expects that if nayib says he will call that he wi
marin [14]
This is an example of expectancy violation.
Hope this helps!
7 0
3 years ago
The______________ was important to the US because it contained territory needed to build a southern railroad route to the Pacifi
STatiana [176]
Answer : Gadsden Purchase
6 0
2 years ago
Why do you think early people's in the Americas migrated south
Alona [7]
They were mist likely following food sources.
6 0
2 years ago
Jonas is arrested for the criminal offense of attacking and injuring a neighbor in the neighbor's front yard. After the arrest,
Deffense [45]

Answer:

A. Assault

Explanation:

5 0
3 years ago
Chuck and Jeri live hundreds of miles from their children. They are retired and have busy lives of leisure. They seldom visit th
anzhelika [568]

Answer:

Remote relationship.

Explanation:

Distance relationships are found to be complex and vary from family to family.  A grandparent who communicates with their grandchildren occasionally and causes may vary from physical distance to emotional separation. This type of relationship is called remote relationship and citing the case of Chuck and Jeri from the question, who never developed a close relationship with their grandchildren because pf physical distance is a classic example of it.

7 0
2 years ago
Other questions:
  • Which of the following does not characterize public education in Mississippi in 1860?
    6·1 answer
  • The russian physiologist ivan pavlov discovered that ________. dogs would salivate to the sound of a ticking metronome due to ha
    11·1 answer
  • Write a few lines of dialogue based on this scenario. chester is heading home after his first day at a new school when he realiz
    9·2 answers
  • Writing an effective résumé requires the author to select their wording very carefully.
    13·2 answers
  • Read this passage:  "This thing all things devours:  Birds, beasts, trees, flowers;  Gnaws iron, bites steel;  Slays king, ruins
    14·1 answer
  • Everyone needs a(n) ____ of stress that is most conducive to adequate health and performance​
    8·1 answer
  • Someone please help me
    10·1 answer
  • These types of savings are available as cash that may be withdrawn at any time, it has a low interest rate, and all savings insu
    15·1 answer
  • All of the following statements regarding the process through which the Supreme Court hears oral arguments are true EXCEPT
    13·2 answers
  • Give three examples of how someone might use geography to plan for the future
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!