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liberstina [14]
3 years ago
5

Choose the scenarios provided that would cause an increase in the cell phone quantity produced based on the law of supply.

Business
1 answer:
cluponka [151]3 years ago
6 0

Answer:

B) C) E)

Government subsidies provided to cell phone producers increases.

The cost of the main component of cell phones decreases substantially.

The federal government decreases the tariff on the imported computer chip inside cell phones.

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If a company is relying on borrowing and credit too extensively, this will probably be reflected in _____ ratio.
olga55 [171]
If a company is relying on borrowing and credit too extensively, this will probably be reflected in debt utilization ratio. The debt utilization ratio is also known as the credit utilization ratio. This is based on how much debt in credit a person has. The ratio will show the debt to debt balance ratio for a consumer. 
5 0
4 years ago
the price of summer cabins. as summer​ approaches, the equilibrium price of rental cabins increases and the equilibrium quantity
Roman55 [17]

the price of summer cabins. as summer​ approaches, the equilibrium price of rental cabins increases, and the equilibrium quantity of cabins rented increases increase in demand.

When the price falls below the equilibrium price, the quantity demanded exceeds the quantity supplied, creating an excess demand (short supply) for the product. In other words, consumers want to buy more than producers are willing to sell. This mismatch between supply and demand drives up prices.

Price movements cause equilibrium movement along the supply curve. Such a movement is called a change in supply. Like changes in demand, changes in supply do not shift the supply curve. By definition, it is moved along the supply curve.

Learn more about equilibrium at

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4 0
2 years ago
What is one reasons why mixed economies exist?
Leona [35]

Answer:

Mixed economics place some limits for safety and society.

Some traits most mixed economies have in common:

-they generally protect private property

-they generally allow for demand and supply determine price

-the economy is usually driven by private self-interest and incentives.

4 0
4 years ago
Read 2 more answers
Suppose that Greece and Sweden both produce oil and stained glass. Greece's opportunity cost of producing a pane of stained glas
Wewaii [24]

Answer: Greece; Sweden

Explanation:

A country or a firm has a comparative advantage in producing a commodity if the opportunity cost of producing that commodity in terms of other commodity is lower in that country or firm as compared to the other country or firm.  

Greece's opportunity cost of producing a pane of stained glass = 4 barrels of oil

Sweden's opportunity cost of producing a pane of stained glass = 8 barrels of oil

Therefore, opportunity cost of producing a pane of stained glass is lower in Greece as compared to the Sweden.

Hence, Greece has a comparative advantage in producing stained glass.

Greece's opportunity cost of producing a barrel of oil = \frac{1}{4}

                                                                                          = 0.25 pane of stained glass

Sweden's opportunity cost of producing a barrel of oil = \frac{1}{8}

                                                                                          = 0.125 pane of Stained glass

Therefore, opportunity cost of producing a barrel of oil is lower in Sweden as compared to the Greece.

Hence, Sweden has a comparative advantage in producing Oil.

4 0
3 years ago
The CVP income statement Group of answer choices discloses contribution margin in the body of the statement. is distributed inte
LenKa [72]

Answer:  discloses contribution margin in the body of the statement.

Explanation:

The Cost Volume Profit (CVP) income statement is made to better show the influence of variable costs and fixed costs on income. It as well shows the effects that changing costs and production volume can have on the income.

Although it shows the same income as a traditional income statement, the format is different in that the contribution margin is included in the statement and the costs and revenue per unit are shown as well.

3 0
3 years ago
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