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
monitta
3 years ago
5

In the short run, a supply shock will _________ the equilibrium level of prices and ___________ the equilibrium level output. re

duce;raise raise;raise reduce;reduce raise;reduce
Business
1 answer:
Taya2010 [7]3 years ago
5 0

Answer: raise; reduce

Explanation:

A Supply shock is described as a situation where the supply of a good changes suddenly/ abruptly due to an unforeseen event.

Supply shocks can be positive but are usually negative so we will assume the supply shock is negative here.

If there is a negative supply shock, the amount of goods being produced will reduce abruptly which will force the supply curve to shift left.

It will then intercept the the demand curve at an equilibrium level that has a higher price and a lower quantity of output.

Think of it this way. Negative supply shock ⇒ less goods ⇒ scarcity ⇒ higher prices.

You might be interested in
The research and development team will gather important information by first using ________ data.
LuckyWell [14K]

Answer:

secondary data

Explanation:

Secondary data refers to the information or data that have been already gathered by and promptly accessible from different sources. Such information are less expensive and more rapidly possible than the primary data or information and furthermore might be accessible when primary data can not be acquired at all. Common sources of existing secondary data or information incorporate information gathered by government open administrations divisions, libraries, web seeks and censuses, for example, the United States Census. Organizations utilize statistical surveying to draw on existing data from online networking as a source of secondary data.

6 0
2 years ago
The expression below shows a number in expanded form. What is the standard form of the number?(2×10)+(3×one tenth)+(9×one hundre
Colt1911 [192]
7,920.3 is my answer
6 0
3 years ago
What is a joint production process? Describe a special decision that commonly arises in the context of a joint production proces
Tanya [424]

Answer:

Quy trình sản xuất nói chung là quá trình con người tác động vào tài nguyên thiên nhiên để biến chúng thành các sản phẩm có ích cho xã hội.

Explanation:

8 0
3 years ago
The ______ viewpoint regards the organization as arrangements of interrelated parts that operate together to achieve a common pu
timurjin [86]

Answer:

Classical

Explanation

Classical view point in management is very essential because it brings about increase in productivity, it involves making use of scientific method as well as job specialization among the employee to achieve common goal of the organization.

It should be noted that Classical viewpoint regards the organization as arrangements of interrelated parts that operate together to achieve a common

3 0
3 years ago
Arrange the types of investments in the correct order from the least risky to the most risky investment.
Anarel [89]

Bonds will be the least risky since there is no risk involved at all. Bonds give out guaranteed payments and A rated bonds will be even more secure.

The next would be property. Since property is a physical asset, the risk involved is relatively lower than stocks.

The next would be retirement plans which would typically have bonds and stocks.

The most risky would be speculative stocks.

The order from least risky to most risky would be:

1. A rated bonds

2. Property

3. Retirement plans

4. Speculative stocks


3 0
3 years ago
Other questions:
  • Identity and explain the type of adjustment raised in each transaction entered into by ABC Ltd. show how each adjustment will be
    14·1 answer
  • Which of the following best defines the General Electric fastworks approach
    15·1 answer
  • Southland Company is preparing a cash budget for August. The company has $17,000 cash at the beginning of August and anticipates
    13·1 answer
  • The Supplies Expense account was debited $1,240 by the Sanford Company for office supplies purchased during the first year of op
    5·1 answer
  • All of the following are examples of a commodity except
    6·2 answers
  • Mintzberg characterized managers' interaction with people both inside and outside of their work units as their _______ roles.
    6·1 answer
  • A monopoly firm is the only seller of a good or service that A) does not need to be advertised. B) has no close complements C) d
    13·1 answer
  • Susmel Inc. is considering a project that has the following cash flow data. What is the project's payback? Year 0 1 2 3 Cash flo
    9·1 answer
  • You have a credit card and the average balance on that card, year after year, is $4,000. The credit card company charges 21% ann
    7·1 answer
  • Whether supplier-seller relationships in an industry represent a strong or weak source of competitive pressure is a function of
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!