If the<u> demand curve is inelastic</u>, a rise in the supply of grain will result in a decrease in the overall income received by grain producers.
The ability of firms to enter and exit a market over time means that, in the long run, the supply curve is more elastic.
Two basic economic concepts are combined in the law of supply and demand to explain how shifts in the price of a resource, good, or service affect its supply and demand. As the price rises, supply increases while demand decreases. On the other hand, as the price falls, demand increases and supply becomes more limited.
The degree to which changes in price translate into changes in demand and supply is known as the product's price elasticity.
Basic consumer demand is comparatively inelastic, or less responsive to price changes.
Discover the long-term impact of population growth on supply and demand: brainly.com/question/13353440
#SPJ4
A) hotspot
Bluetooth is for short distance and pan is Personal area networks (PANs) connect an individual's personal devices
Answer: (D) Blanket position
Explanation:
The blanket position is one of the type of form that helps in providing the broadcast coverage that covers all the employees in all type of position. It is also know as the blanket fidelity.
The main purpose of the blanket position bond is that for providing the employees theft coverage in the form of coverage securities, money and the properties.
The coverage is basically base on the different types of designed position and may also differ according to the different types of positions.
Therefore, Option (D) is correct.
Answer:
$29,400
Explanation:
Straight line depreciation expense = (cost of asset - Salvage value) / useful life
Cost of asset = $150,000 + $20,000 + $7,000 = $177,000
($177,000 - $30,000) / 5 = $29,400
I hope my answer helps you
Answer:
The existence of the secondary market makes their stock more liquid and the price in the secondary market sets the price that the corporation would receive if they choose to sell more stock in the primary market.
Explanation:
