Suppose that at prices of $5, $4, $3, $2, and $1 for product Z, the corresponding quantities supplied are 7, 6, 5,4,3 units, res
Alchen [17]
Answer:
A)Improved technology for producing Z.
Explanation:
- which means automation of production, so when you will have mass production at low cost it will definitely result in a decrease of product cost.
- This shall consequently lead to an increase of the quantities of product Z produced because, the extra capital that comes from saving on the production costs shall be used to produce more goods.
- Since production shall have not cost any extra capital, the price shall remain constant.
Answer:
World War 1
Explanation:
WW1 just ended in 1918, and the US had just come out victorious.
Answer: a. When prices in the stock market are up nothing happens. If they are down, the economy is in trouble.
Explanation:
The beauty of the economy is when the stock market is up. It means there would be more money in circulation to do businesses and when businesses are done the economy is wealthy and everyone is affected positively to a great extent. When there is a crash in the stock market it demoralizes the economic growth and lower stock price would mean a reduction in money used in businesses as companies won't want to commit much funds to doing business.
Answer: Justification of effort
Explanation:
Justification of effort is a phenomenon whereby people view a goal or endpoint as beneficial and more favorable, if they worked hard or put more effort into achieving it. Justification of effort makes the goal to appear more attractive, worthwhile and justifies the effort put into accomplishing the goal. Effort justification helps in increasing attraction and commitment to a goal, group cohesion and stability are enhanced, effort justification is likely to increase persistence at tasks that are not altogether pleasant, especially when such tasks are seen as chosen.
