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umka21 [38]
3 years ago
11

A decrease in the demand for eggs due to changes in consumer tastes, accompanied by a decrease in the supply of eggs as a result

of an outbreak of Avian flu, will result in Group of answer choices
Business
1 answer:
Mariana [72]3 years ago
7 0

Answer:

a decrease in the equilibrium quantity of eggs; the equilibrium price may increase or decrease

Explanation:

Here are the options

a decrease in the equilibrium quantity of eggs and no change in the equilibrium price.

a decrease in the equilibrium quantity of eggs; the equilibrium price may increase or decrease.

a decrease in the equilibrium price of eggs; the equilibrium quantity may increase or decrease.

a decrease in the equilibrium price of eggs and no change in the equilibrium quantity.

Only a change in the price of a good leads to a movement along the demand curve of that good. Also, only a change in the price of the good would lead to an increase or decrease in the quantity demanded of that good.

Other factors other than the change in the price of the good would lead to a shift of the demand curve. Some of those factors include :

1. a change in consumers' expectation

2. a change in the taste of consumers

3. a change in income

A change in price of a good leads to a movement along the supply curve and not a shift of the supply curve.

Other factors other than a change in the price of the good would lead to a shift of the supply curve. Such factors include :  

1. A change in the price of input  

2. A change in the number of suppliers  

3. Government regulations  

A decrease in the demand for eggs would lead to a leftward shift of the demand curve for eggs. Price and quantity would fall as a result.

a decrease in the supply of eggs would lead to a leftward shift of the supply curve for eggs. Price would increase and quantity would fall.

Taking these two effects together, there would be a fall in equilibrium quantity and equilibrium price can either rise or fall depending on if demand or supply has a greater effect.

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A bond indenture......
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Which level of scrutiny must affirmative action policies now meet?
laila [671]
Strict, which is the highest level of scrutiny is the level of scrutiny affirmation action policies must meet. 

There are 3 levels of scrutiny:
1) Strict (highest level)
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4 0
3 years ago
The existence of conflict is an inevitable part of group dynamics.true or false
Elden [556K]

Answer:

The statement is true

Explanation:

Group dynamics is a system of processes of psychological and behaviours which is occurring within a social group. As group is of two or more people so they have different behaviour or act upon differently. So, there is existence of conflict is an inevitable or unavoidable is a part of the group dynamics.

It could happen when the group does not agree on single decision or to act in favour.

4 0
2 years ago
Big Dom’s Pawn Shop charges an interest rate of 27.5 percent per month on loans to its customers. Like all lenders, Big Dom must
lidiya [134]

Answer:

APR is 330% and EAR is 1745.53%

Explanation:

Given:

Monthly interest rate = 27.5%

APR or annual percentage rate = 27.5×12 = 330%

So, Big Dom should report an APR of 330% to customers.

EAR or effective annual rate = (1+\frac{APR}{m}) ^{m}-1

Here,

APR is 330% and m is 12

330÷12 = 27.5%

substituting the value in the above formula:

EAR = 1.275^{12}-1

        = 17.4553 or 1745.53%

3 0
2 years ago
1. Of the 540 seniors at Lake City High School, 35% are going on a school trip. If the buses ordered for the trip seat 42 studen
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Explanation:

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