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alukav5142 [94]
3 years ago
15

Why are the incentives of a supplier the opposite of the incentives of a demander

Business
1 answer:
antiseptic1488 [7]3 years ago
4 0

Answer:

The incentives of a supplier are the opposite of the incentives of a demander because it is a relationship whose nature makes supply and demand inversely proportional to each other: the higher the supply, the lower the demand for each product and the lower its price; While the lower the supply, the greater the demand for each product and the higher its price. Thus, in many cases, suppliers seek to restrict supply to maximize profits, while demanders seek to lower prices through a greater quantity of goods offered.

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Amelia loves to splurge on clothes. However, when she was out shopping the other day, Amelia bought much less than she usually d
zepelin [54]

Answer:

The correct answer is letter "B": Consumer's buying power.

Explanation:

The consumer's buying power is the total amount of money the customer has to acquire goods or services whether out of cash, checking accounts or credit cards that the person possesses. It is the value of money in terms of the capacity it could buy at a specific time.

In the example, Amelia's buying power was reduced since she forgot her credit card at home being that the reason why she purchased lesser clothing than usual.

4 0
3 years ago
How can we start a business
Llana [10]

Answer:

1.conduct market research.Market research will tell you if there is an opportunity to turn your plan into successful business

2.write your business plan

3.fund your business

4.pick your business location

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5 0
3 years ago
Anthony’s rate of pay is $8.36 per hour. Last week, Anthony worked 33 hours, What is the gross pay for the week for Anthony?
velikii [3]
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3 0
3 years ago
Which of the following would most likely cause a decrease in the quantity supplied?
gregori [183]

Answer:

A decrease in price

Explanation:

A decrease in price will cause the supply of goods and services to decrease. As you can see, an increase in demand causes the equilibrium price to rise. On the other hand, a decrease in demand causes the equilibrium price to fall. An increase in supply causes the equilibrium price to fall, while a decrease in supply causes the equilibrium price to rise.

5 0
3 years ago
The _____ person standard is the test used to determine if a person owes a duty of care to another person.
tamaranim1 [39]
I believe it would be reasonable or responsible. Leaning towards reasonable
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Read 2 more answers
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