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AlexFokin [52]
3 years ago
7

Concern for the environment among consumers causes consumers to substitute away from traditional autos to electric-powered autos

.
Equilibrium quantity: Increases / Decreases
Equilibrium price: Increases / Decreases
Business
1 answer:
Arisa [49]3 years ago
3 0

Answer:

the equilibrium price and quantity of  traditional autos decreases

the equilibrium price and quantity of electric cars increases

Explanation:

Due to the decrease in demand for traditional autos, there would be a leftward shift of the demand curve for traditional autos. As a result, equilibrium price and quantity would fall.

Due to the increase in demand for electric-powered autos, there would be a rightward shift of the demand curve for traditional autos. As a result, equilibrium price and quantity would increase.

Please check the attached images for graphical illustrations

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What is the maximum price that government allows sellers to charge
oksian1 [2.3K]
I think it's called a price ceiling. At least, that's what I think it is.
4 0
3 years ago
Debts and obligations of a business are referred to as:.
sertanlavr [38]

Answer:

Liabilities

Explanation:

Liabilities are the debts and obligations that a business owes.

4 0
2 years ago
The current USD/euro exchange rate is 1.4000 dollar per euro. The six month forward exchange rate is 1.3950. The six month USD i
Zigmanuir [339]

Answer:

the six month euro interest rate is 1.36%

Explanation:

Spot exchange rate: 1.4 USD/ EUR

6 month forward rate: 1.3950 USD/EUR

Domestic interest rate: 1% pa

Foreign interest rate: the six month euro interest rate?

We have the formula:

Forward rates =  Spot rate * (1+domestic interest rate)/(1+foreign interest rate)

⇔ 1.3950 = 1.4 *(1+1%)/(1+foreign interest rate)

⇔ 1+foreign interest rate = 1.4 *(1+1%)/1.3950

⇔foreign interest rate = 1.01362 - 1 = 0.01362

⇒ the six month euro interest rate is 1.36%

7 0
4 years ago
Who is responsible for fiscal​ policy?
TiliK225 [7]

Answer:

C. The federal government controls fiscal policy. 

Explanation:

Fiscal policy are policies enacted by the government using its spending or taxes to stabilise the economy. There are two types of fiscal policy, expansionary and contractionary fiscal policy.

1. Expansionary fiscal policy is a policy that increases the money supply in an economy. They include :

A. Reduction of taxes - this increases disposable income and increases consumer spending which increases money supply.

B. Increased government spending- this is when government increases its spending usually on public projects.

2. Contractionary fiscal policy are policies that reduces the money supply in an economy. They include:

A. Increase in taxes- an increased tax reduces disposable income and money supply in an economy.

B. Reduced government spending - reduced government spending reduces money supply.

Monetary policy is policy controlled by the Federal Reserve.

I hope my answer helps you.

3 0
3 years ago
Which revision eliminates the pronoun shift in the sentence below? if a student wishes to go on the field trip, they must bring
stealth61 [152]
Answer;
If a student wishes to go on the field trip, he or she must bring in a permission slip. 

Explanation; 
This is because a singular noun, student, should take a singular pronoun, and the subject must agree with the verb. That is; instead of using the noun student (singular noun) with the pronoun they (plural pronoun), one should use the pronouns he or she (singular pronoun)
3 0
3 years ago
Read 2 more answers
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