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Temka [501]
3 years ago
8

Consider the market in which bag producers operate. Suppose that the price ot a backpack rises. Explain how this event will chan

ge the quantity of backpacks supplied and the supply of backpacks today.A. The quantity of backpacks supplied increases and the supply of backpacks is unchanged B. The quantity of backpacks supplied decreases and the supply of backpacks also decreasesC. The qarery ot backpacks suppled rareases and the supply of backpacks also increasesD. The supply of backpacks is unchanged and the quantity of backpacks supplied decreases E. The supply of backpacks increases and the quantity of backpacks supplied is unchanged
Business
2 answers:
Diano4ka-milaya [45]3 years ago
6 0

Answer: A

Explanation:

If the price of backpack increases, the quantity of backpacks supplied would increase.

netineya [11]3 years ago
4 0

Answer:

A. The quantity of backpacks supplied increases and the supply of backpacks is unchanged

Explanation:

The law of supply states that the higher the price, the higher the quantity supplied and the lower the price, the lower the quantity supplied.

If the price of backpack increases, the quantity of backpacks supplied would increase. This would lead to an upward movement along the supply curve.

There would be no change in supply.

Changes in price only leads to changes in quantity supplied.

I hope my answer helps you

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Answer:

She must sell 7,500  copies to mantain the profits when price changes to $15.

Explanation:

  • Let's start with a definition of profit or benefit: Benefit=(Price-Cost)\times{Quantity}
  • At the beggining, she obtained a profit of $75,000: She sold 5,000 copies, and she got $20-$5=$15 dollars for each of the 5,000. units sold, which means a benefit of 15\times5,000=75,000 dollars.
  • Then, if she wants to keep the $75,000 profits when prices falls to $15, she must sell more copies:75,000=(15-5)\times{NewQuantity}. Then, the quantity she must sell to mantain the profit constant at $75,000 is New quantity=7,500.
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den301095 [7]

<u>Answer:</u>

<em>Cameron is the sales director for his Northeast company's region. He's a rehional sales director.</em>

<u>Explanation:</u>

A Regional Sales Director is in charge of the closeout of a business' items or administrations in a predetermined district or geological region. The provincial project supervisor gives progressing backing to disseminate and create to item or administration.

Furthermore, the territorial project lead deals with a business group in the predefined zone. Subsequently, Cameron is the local deals Director.

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AfilCa [17]

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Financial accounting is a specific branch of accounting involving a process of recording, summarizing, and reporting the myriad of transactions resulting from business operations over a period of time. ... Work opportunities for a financial accountant can be found in both the public and private sectors.

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The first option is wrong because a diversified portfolio can only lockout unsystematic risk which is due to a particular business sector and not the risk emanating from the whole market which is systematic in nature.

The second option is also wrong because systematic risk cannot be diversified away.

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