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
larisa [96]
3 years ago
9

According to adam smith what happens when the demand for a product decreases

Business
1 answer:
shepuryov [24]3 years ago
3 0
In a competitive market when the demand decreases it is as a result of an increase in price, hence for the demand to increase , there is need to lower the prices and get a suitable price which will maintain an equilibrum
You might be interested in
Tiffany has $5000 of savings in her bank account. What would be different if she had that $5000 invented in stocks instead?
Alex73 [517]
What would be different is The money she has
3 0
3 years ago
At the end of 2011 Mardle Inc. reported retained earnings of $1,504 . At the end of 2012, the retained earnings were $4,863 . If
fenix001 [56]
Mardle paid $8937 in 2012
8 0
3 years ago
Which of the following is an example of a financial asset?
Margaret [11]

Answer:

A. cash

Explanation:

cash is used in finance

5 0
2 years ago
The government has the ability to influence the level of output in the short run using monetary and fiscal policy. There is some
Gwar [14]

Answer:

Option B                                  

Explanation:

In simple words, A policy of stabilisation refers to the package or group of indicators that have been presented to normalize a financial sector or economic system. The term may relates to initiatives in two separate situations: convergence of the economic cycle or stabilisation of its credit crunch. It is one type of unilateral strategy in any situation.

    Thus, from the above we can conclude that the correct option is B .

7 0
3 years ago
MC Qu. 119 Alexis Co. reported the following information... Alexis Co. reported the following information for May: Part A Units
Brums [2.3K]

Answer:

the contribution margin per unit for part A is  $1,479,000

Explanation:

The computation of the contribution margin for part A is shown below:

Contribution margin per unit is

= $950 - $600 - $95

= $255

Now for contribution margin per unit for part A is

= 5,800 units × $255

= $1,479,000

Hence, the contribution margin per unit for part A is  $1,479,000

5 0
2 years ago
Other questions:
  • Drake Appliance Company, an accrual basis taxpayer, sells home appliances and service contracts. Determine the effect of each of
    6·1 answer
  • Explain the characteristics strengths, weaknesses of quantitative​
    12·2 answers
  • In the first half of 2011, automobile sales in the United States were lower than they were in the first half of 2010. The decrea
    9·1 answer
  • Labor is a resource that is necessary to produce many goods. "If the price of labor falls," says the economist, "the prices of g
    11·2 answers
  • which tool would the government most likely employ during a period of inflation to stabilize the economy ?
    8·1 answer
  • In a market with positive​ externalities, A. the efficient level of production is less than what competition will obtain. B. the
    12·1 answer
  • EBook
    9·1 answer
  • Question 2 of 20
    11·2 answers
  • Требуется разработать бизнес-план проекта, в котором будут описаны следующие категории:
    7·1 answer
  • true or false: mitigation funds are often allocated for public infrastructure and facilities improvements because they support t
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!