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mezya [45]
3 years ago
14

Suppose that demand for a good increases and, at the same time, supply of the good decreases. what would happen in the market fo

r the good?
Business
1 answer:
Vladimir79 [104]3 years ago
6 0
If demand increases while the supply decreases, the price of the good will increase so the producer can make up for the money lost in lack of quantity.
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Qualification.

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Darlene is getting an FHA-insured loan to purchase a house. The purchase price is $278,000, and she’s paying 3.5% down. She will
omeli [17]

Answer:

96.5%

Explanation:

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4 0
3 years ago
Consider a production possibilities frontier (PPF) with good X on the horizontal axis and good Y on the vertical axis. The PPF i
Ahat [919]

Answer:

C

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The Production possibilities frontiers is a curve that shows the various combination of two goods a company can produce when all its resources are fully utilised.  

As more quantities of a product is produced, the fewer resources it has available to produce another good. As a result, less of the other product would be produced. So, the opportunity cost of producing a good increase as more and more of that good is produced.

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8 0
3 years ago
If a labor union successfully restricts the supply of labor to​ firms, and if the union is not able to influence the demand for​
Alisiya [41]

Answer:

(B) ​rises; decreases

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3 years ago
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