I m not sure bet i think the answer is B
People eatn money or income
Answer:
This question is incomplete. However, I found the full question with choices from the web ;
Which of the following describes the results of an increase in supply on price and quantity in the market?
a.) Both price and quantity increase
b.) Both price and quantity decrease
c.) Price increases and quantity decreases
d.) Price decreases and quantity increases
e.) Insufficient information
Explanation:
If the supply of a product or service increases in the market, it means that there will be an increase in the quantity of that product/service. Due to the interplay of the law of demand and supply, competition among suppliers will increase, driving the price down. Therefore, there will be a fall the equilibrium price and increase in quantity , making choice D correct.
Answer:
The correct answer is letter "B": technological paradigm shift.
Explanation:
A paradigm shift takes place when the is a change in the methods and practices that were traditionally used and were conceived as main references due to the introduction of new ideas. Technological paradigm shifts are those caused by the creation of new technology that abruptly alters the market. For instance, the introduction of e-mails replaced faxes and courier services for mailing.
Answer:
Yes, different societies require different amounts of societal resources. Explanation:
The amounts of societal resources are based on the size or population of the society. The more vast the population the more resources needed. For example, the USA and Russia have a different population count, so that does mean we require different amounts of societal resources.
