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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
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You are a senior manager at a large consumer goods company. The company president has noticed that recent college graduates and
Lostsunrise [7]

Answer:

The president realizes that you are acting as a <u>mentor</u> to junior employees.

Explanation:

Mentors are very experienced people that provide advice to less experienced peers to help them reach their full potential, make wise decisions and advance in their careers. They become role models to others as they have experienced success in their fields.

A <em>good mentor</em> is characterized by their leadership, knowledge and willingness to help others in their professional development. They are able to effectively transmit their expertise and provide feedback to others on how they can improve.

8 0
3 years ago
Which of the following is included in the M-2 definition of the money supply but NOT in the M-1 definition?
Komok [63]

The option included in the M2 definition of money supply and not in the M1 definition is money market mutual fund shares.

<h3>What is M2?</h3>

M2 definition of money supply that includes cash, checking deposits, and near money. M2 is a broader measure of the money supply  when compared with M1. It also less liquid than M1. M1 includes includes cash and checking deposits.

Here are the options:

a. Checkable deposits.

b. Currency held in banks.

c. Currency in circulation.

d. Money market mutual fund shares.

To learn more about M2, please check: brainly.com/question/13784664

#SPJ1

3 0
1 year ago
Aflak Corporation, an Omani firm, is currently planning goods market in India. Aflak Corporation will most likely discover that_
Diano4ka-milaya [45]

The correct answer is B) traditional.

Aflak Corporation, an Omani firm, is currently planning goods market in India. Aflak Corporation will most likely discover that traditional beliefs and values are more open to change in India.

When a multinational company is planning on initiating operations in another country, it has to be very sensible of the traditional values of that country. The company is getting into a new market and people could have different belief systems, different culture, traditions, and customs, that need to be carefully assessed by the multinational company if they are about to be successful in the new country.

This is the case of India, which has always have very strict traditional values, although younger generations are relaxing those values in recent years.

8 0
3 years ago
The administrative department is not responsible for _____ communication.
Nonamiya [84]

Answer:

I will say c I not shore 100%

4 0
2 years ago
A recent news story reported that the Organization of Petroleum Exporting Countries is expected to decrease the supply of oil ne
erastovalidia [21]

Answer:

Option "C" is the answer.

Explanation:

Option "C" is the answer.

The decrease in the supply of oil will shift the supply curve leftwards. Similarly, the increases in the demand will shift the demand curve rightwards. The leftwards shift in the supply and rightward shift in the demand curve will result in an increase in price but the change in quantity can not be predicted because the magnitude of change will depend on the shift in the curves.

8 0
2 years ago
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