Answer:
An increase in quantity will automatically lead to a reduction in price.
An increase in price will lead to an increase in quantity supplied.
Explanation:
Option “2” and “4” are correct because the increase in quantity supplied shifts the supply curve rightwards and resulting in the price falls. While the positive relationship between price and the quantity supplied leads to an increase in supply when price increases. When price increases then the producer finds more profitable to supply more quantity. Thus, in order to curb more profit, the producer supplies more quantity when price increases.
Answer:
Option A is the correct approach.
Explanation:
- This is indeed a connection to compulsory tax and government expense stabilizers which weren't at the discretion including its government. Throughout the event of a recession, expenses are cut, rising discretionary income to something like the extent that the economic depression is pacified.
- Unemployment insurance, as well as other social programs, are consequently expanded without the clear intervention of the government
The other options offered are also not relevant to the scenario presented. So, the solution above is the right one.
Answer: participant observation, interviews and surveys. All of these ethnographic methods can be very valuable in gaining a deeper understanding of a design problem.
Explanation:
If both consumers and producers are experiencing a surplus the market is efficient
