Answer:
The correct answer is option B.
The correct answer is option D.
Explanation:
If the number of firms in an industry decreases, the overall market supply will decrease. This decrease in supply will cause the market supply curve to shift to the left. So the statement given in the question is false.
The cost of production is inversely related to supply. An increase in the cost of production causes supply to decline, shifting the curve to the left and vice versa.
Technology and productivity are directly related, an improvement in technology will cause the supply to increase shifting the curve to the right.
Taxes cause the supply to decrease as it is seen as a cost and it reduces the price received by the firms. This causes the supply curve to shift to the left.
Subsidies reduce the cost of production so the supply curve shifts to the left.
Answer:
Long-term liabilities are debts of a business that are not due to be settled within one year (A) is your answer
Explanation:
your welcome
Answer Trade secrets derive their legal protection from their inherently secret nature
Answer:
an increase in the operating income by $16,322
Explanation:
The computation of the impact in the operating income is given below:
Variable cost of 75 units (1300000 × 75 ÷ 12700) 7,678
Sale price of 75 units (75 × 320) 24,000
Increase in operating income (24000 - 7678) $16,322
hence, the impact in the operating income is that there is an increase in the operating income by $16,322
