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
inn [45]
3 years ago
14

In the market for sushi, an increase in the price of fish along with an increase in the popularity of sushi among consumers will

cause the equilibrium quantity to increase, but the effect on the equilibrium price is indeterminate.
(A) True
(B) False
Business
1 answer:
masya89 [10]3 years ago
3 0

Answer:

The correct answer is (B) False.

Explanation:

Naturally, the price and the amount of equilibrium depend on the position of the supply and demand curves. When an event displaces these curves, the market equilibrium changes. The analysis of this change is called comparative static, because it involves comparing the old balance with the new one.

You might be interested in
Use the following to answer questions 3-8: ​ Number of Workers Total Cost 0 1000 1 2200 2 3200 3 4000 4 4600 5 5000 6 5200 7 560
Firlakuza [10]

Answer:

Firm should hire the 4th worker as MR > MC.

Explanation:

Here, we are comparing the marginal cost of hiring 4th worker with the revenue generated by the 4th worker.

Marginal cost of hiring 4th worker:

= Total cost with 4 workers - Total cost with 3 workers

= $4,600 - $4,000

= $600

Total revenue generated by the 4th worker:

= Number of units produced by 4th worker × Price of each unit

= 50 × $15

= $750

Therefore, the firm should hire the 4th worker as the marginal revenue of 4th worker is greater than its marginal cost.

3 0
3 years ago
What does the concept of limited liability posits?​
Maksim231197 [3]

Answer:

see below

Explanation:

The concept of limited liability is a confirmation that a corporation's assets are liabilities are distinct from those of shareholders. The concepts safeguard the shareholder's private properties should a business fail to meet its obligations.

Limited liability states that the liabilities of a shareholder is limited to the extent of his capital contribution. If the event of a dissolution, a shareholder's losses are capped to the share contribution. Their personal properties cannot be used to pay business debts should the business's assets be inadequate.

3 0
3 years ago
The preemptive right is important to shareholders because it a. allows managers to buy additional shares below the current marke
love history [14]

Answer:

C. protects the current shareholders against a dilution of their ownership interests.

Explanation:

Preemptive rights are rights given to shareholders in an organization allowing them to buy additional shares in any future issue in order to maintain their percentage ownership, before the shares are available to the general public. It guards against dilution or decrease in a shareholders stake or ownership interest buy allowing them buy more shares for future issues before it is available for the general public to own shares. In doing so, shareholders avoid involuntary dilution.

6 0
3 years ago
Read 2 more answers
According to the california insurance code, what is the maximum penalty per violation for anyone who unwillfully commits an unfa
morpeh [17]
Accord According to the California Insurance Code, any individual who unwilfully takes part in an out of line strategy for rivalry is obligated to the state for a fine of up to $5,000 per infringement. In the event that the demonstration is resolved to be headstrong, the fine won't surpass $10,000 per act.
4 0
3 years ago
The primary goal of any marketing communication is to get the consumer to buy the product.
o-na [289]

The primary purpose of any marketing communication is to get the purchaser to buy the product. b) false

The final purpose of a marketing communique is to increase sales of your company's services and products. while you stay in contact with customers, deal with them as valued assets, and invite remarks, you construct the muse for worthwhile lengthy-term relationships.

Advertising is any paid shape of verbal exchange from a recognized sponsor or source that attracts interest to ideas, goods, services, or the sponsor itself- basically classified ads and advertisements (whether or not digital or print).

Marketing Communications specialists attention to their company's product or service to face out among competitors, so ability clients note them. They communicate with clients and advertise to new ones via social media and other online systems.

Learn more about marketing communication here: brainly.com/question/9696745

#SPJ4

7 0
2 years ago
Other questions:
  • Miley has formal power in the Coffee Lovers, Ltd. organization while Bob has informal power. One of the primary differences betw
    5·1 answer
  • A company has the following loan activity—Additional loan from bank: $19,000; Ending cash
    14·1 answer
  • Bright Inc., a company exporting electrical appliances, fails to deliver a large shipment on time to a customer in a different c
    12·1 answer
  • Macro Company has the following adjusted accounts and balances at June 30:
    12·1 answer
  • Suppose that you are jacques necker write a paragraph that explains how your economic reform program will benefit france
    11·1 answer
  • Which of the following statements is TRUE? (economics)
    6·1 answer
  • When savers deposit funds into banks, which then loan these funds to borrowers, it is called ________ finance.
    10·1 answer
  • Jane Spring maintained this record of vehicle expenses for last year: gas, $845.96; oil, lube, miscellaneous, $68.85; insurance,
    7·2 answers
  • Best Reinsurers assumes, under a treaty, all homeowners and personal auto business underwritten by Aurora Insurance Company. On
    7·1 answer
  • Child labor laws govern the_______ , type of job, and hours of work for anyone younger than eighteen years old.
    11·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!