1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
olga_2 [115]
3 years ago
9

As the price of a resource decreases, _____. a. the supply of that resource increases b. producers are more willing and able to

hire that resource c. the demand for the final product produced by the resource decreases d. producers are less willing and able to hire that resource e. the quantity demanded of that resource decreases
Business
1 answer:
solmaris [256]3 years ago
6 0

Answer:

b. producers are more willing and able to hire that resource

Explanation:

In production resources are defines as various inputs in the production process of a product.

It contributes to the final product that a consumer buys and they have their various costs which are used to obtain their use.

So when the price of a resource decreases, it means that the cost of production also decreases.

There is now more outlay of cash that can be used hire that resource.

Producers are able to produce more of the final product so supply increases.

You might be interested in
PLEASE HELP!! 20 POINTS
goldfiish [28.3K]

Answer:

Members

Explanation:

7 0
3 years ago
Grettzee, a musical instruments manufacturing company, imports high-quality maple wood from Resumbro, a South Asian country wher
kirill [66]

Answer:

Access to factors of production

Explanation:

Factors of production refers to all the resources that are needed in order to create goods or services. Generally, factors of production are divided into 4 category:

-Land

- Labor

- Capital

- Entrepreneurial skill

The woods that needed as raw materials from the text above is included as a part of 'land' . Since Resumbro have closer access to this resources, it will be cheaper for them to produce that materials, and it will be cheaper for Grettzee to buy it from another place .

6 0
3 years ago
A three-year annuity-immediate will be issued a year from now with annual payments of 5,000. Using the forward rates, calculate
vladimir1956 [14]

Answer:

13,152.5

Explanation:

Given the the above parameters as mentioned in the question

To calculate the PV (Present Value)

We have PV = 5000 * 1.05 * [ 1/(1.0575)² + 1/(0.625)³ + 1/(1.065)⁴]

PV = 5000 * 1.05 * (0.8942094350 + 0.8337064929 + 0.7773230908) =

=> PV = 5000 * 1.05 * 2.5052390187

= 13,152.50

Therefore, in this case, using the forward rates, the present value of this annuity a year from now is 13,152.50

6 0
4 years ago
companies issue stock in order to: multiple choice turn a liquid asset into an illiquid asset. increase the interest rate on loa
MissTica

In order to raise capital without borrowing, companies can issue stock. It is because stock can give an income through the company by sell it in several amount.

A stock generally can be described as an general term used to describe the ownership certificates of any company. A share or also known as a stock refers to the stock certificate of a particular company. There are several types of stocks, such as Common stock, Large-cap stocks, Mid-cap stocks, Small-cap stocks, Domestic stock. Preferred stock, International stocks, and also Growth stocks.

Here you can learn more about stock in the link brainly.com/question/14649952

#SPJ4

8 0
1 year ago
Advantages of technology in mass communication since its existence​
Ipatiy [6.2K]

Answer:

jh

Explanation:

g

6 0
3 years ago
Read 2 more answers
Other questions:
  • Kristen saved for over a year so that she could afford a trip to the super bowl if her favorite team won the title. she was exci
    10·1 answer
  • Instructions: You may select more than one answer. Click the box with a check mark for correct answers and click to empty the bo
    8·1 answer
  • On August 1, ABC Company sold its investment in Teal Company for $12,400. On the previous balance sheet, the investment had a fa
    6·1 answer
  • What is the end product of the accounting process?
    13·1 answer
  • Zara has developed the practice of delivering less merchandise to its stores on a more frequent basis. This quick response syste
    6·1 answer
  • True or False: When fish are caught under common property rights, the market price of fish can send misleading information to de
    14·1 answer
  • During January, Luxury Cruise Lines incurs employee salaries of $1.2 million. Withholdings in January are $91,800 for the employ
    15·1 answer
  • (More than 1 answer)Which of the following collect and evaluate career outlook information: Internal Revenue Service
    10·1 answer
  • The interest on the projected benefit obligation component of pension expense:__
    9·1 answer
  • a tech company decides to pay dividends to shareholders out of its net earnings. this will decrease its
    15·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!