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eduard
2 years ago
11

Suppose we observe an increase in the demand for houseplants. What would we expect to happen to the price and quantity sold of h

ouseplants? Group of answer choices Price will increase and quantity will decrease. Price will increase and quantity will increase. Price will decrease and quantity will decrease Price will decrease and quantity will increase Price will increase but quantity will remain constant
Business
1 answer:
Kay [80]2 years ago
7 0

Answer:

Price will increase and quantity will increase

Explanation:

When there is an increase in demand , there would be an outward shift of the demand curve while the supply curve would remain the same.

Demand would exceed supply and price would rise as a result.

Due to increased demand for houseplants, the supply of house plants would also increase.

I hope my answer helps you

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Use the graph illustrating the market for gasoline-fueled cars to answer the question. Which situation corresponds with this gra
Reika [66]

The situation that corresponds with the graph of the market for gasoline-fuelled cars is the average price of crude oil decreased, causing the price of gasoline to decrease as well.

The graph is a diagram of the demand and supply curve for gasoline-fuelled cars. There is a rightward shift of the demand curve. A rightward shift of the demand curve indicates that the demand for gasoline-fuelled cars have increased.

<u><em>Factors that can lead to a rightward shift of the demand curve for gasoline-fuelled cars</em></u>

  • A decrease in the cost of a <em>complement good:</em> A <em>complement good</em> is a good that can be used together with a gasoline-fuelled car. An example of a <em>complement good</em> for gasoline-fuelled car is gasoline. If there is a decrease in the cost of gasoline, the demand for gasoline-fuelled cars would increase.

  • An increase in the price of<em> substitute goods</em>: A <em>substitute good </em>is a good that can be used in place of another good. A substitute for gasoline-fuelled cars are electric cars. If the price of electric cars increase, the demand for gasoline-fuelled car would increase.

To learn more, please check: brainly.com/question/14842844?referrer=searchResults

3 0
2 years ago
As suggested by president john. f. kennedy, the consumers’ right to be _____ states that consumers should be assured that the go
Oxana [17]
<span>Of the four rights that Kennedy mentioned, this would be the right to safety. He felt that products should be made in a way that they would not hurt someone who used it in the proper manner. The other rights he mentioned were the rights of being informed, rights to choose, and rights to be heard.</span>
7 0
3 years ago
Sparks Corporation has a cash balance of $5,480 on April 1. The company must maintain a minimum cash balance of $5,000. During A
beks73 [17]

Answer:

d) $3,920

Explanation:

The computation of the borrowed amount is shown below:

= Beginning cash balance + expected cash receipts - expected cash disbursements - minimum monthly cash balance

= $5,480 + $56,200 - $60,600 - $5,000

= $3,920

We easily add to the starting cash balance the estimated cash receipts and deducted the expected cash disbursements and the minimum monthly cash balance, in order to get the correct value

5 0
3 years ago
If a business person wants to get information about a special product to a wide variety people across a large geographic range,
Westkost [7]

Answer: Internet.

Explanation:

The internet is the fastest way a business can advertise it's products to a global audience. The internet is a wireless interconnection of computers across the Earth, where communication is made easier and information is shared.

4 0
3 years ago
If the direction in managerial work today is away from command and control, what is it toward?(a) Coaching and facilitating (b)
vagabundo [1.1K]

Answer:

(a) Coaching and facilitation

Explanation:

Coaching refers to polishing the skills of the employees by imparting knowledge and adequate training so that they are able to contribute efficiently as well as perform to their potential.

Facilitation refers to easing out the processes or making complex tasks easier. Facilitation refers to the act of simplifying a task.

Command and control tend to be imperative, domineering and authoritative.  Those two terms also point towards rigidity and inflexibility.

Thus, shift in managerial work from command and control has been towards (a) Coaching and facilitation.

6 0
3 years ago
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