Answer:
B
Explanation:
As more consumers move in, the demand curve for the store's products would increase (shift to the right) as it is influenced by factors other than price.
While option A could be an eventual outcome, it would only follow an increase in Demand. Note that a change in price would result in movement along the curve.
There is not sufficient information to support Option C
Option D is wrong because higher demand would result in higher revenues, assuming all else remains constant.
Answer:
Suboptimization
Explanation:
Suboptimization is a term that has been adopted for a common policy mistake. It refers to the practice of focusing on one component of a total and making changes intended to improve that one component and ignoring the effects on the other components.
Answer:
B) defenders
Explanation:
The term defenders is used to describe corporations that defend or protect only their interests without any regard for the interests of the general public (or the country). Corporations that act as defenders tend to make changes only when legally compelled to do so, and only after they did everything they could to stop any regulation that affected them.
All corporations are defenders up to certain point, because their greatest concern is making the largest possible profit and no one likes to make changes that will lower their profits. When we think about this type of corporations we tend to imagine big oil corporations and defense contractors that influence policies on their favor, but also modern technological corporations like Google and [email protected] have been involved in situation where they refuse to change how they do business simply because they don't want to lose money. [email protected] knew what Cambridge Analytica was doing in the past elections and didn't care, Google favors monopolies ans they don't care either.
Monopoly form of market also has a downward sloping demand curve where he sells more at lower price.
<u>Explanation:</u>
A monopoly is a form of market where there is only single seller of a particular product in the market and there is no close substitute of that particular product in the market. Therefore there is no supply curve in the monopoly form of market.
A demand curve in the case of a monopoly is also a downward sloping demand curve because a monopolist can sell more by reducing his price of the product.
