A change in quantity supplied is a movement along the supply curve, while a change in supply is a shift in the supply curve.
<h3>What is a supply curve?</h3>
The supply curve is a positively sloped curve that shows how quantity supplied changes with price of the good. All things being equal, the higher the price of the good, the higher the quantity supplied.
<h3>What is a change in supply and a change in quantity supplied?</h3>
A change in quantity supplied is as a result of a change in the price of the good. If price increases, quantity supplied increases and if it decreases, quantity supplied decreases.
A change in supply is caused by other factors other than price. Some of these factors include:
- A change in the number of suppliers
- The cost in the price of raw materials needed in the production of the good.
A change in supply leads to a movement outward or inward.
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In the mainstream view, one major source of instability in the macro economy is the volatility of <u>investment spending.</u>
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The definition of instability is a lack of stability or balance or a tendency toward unpredictable or erratic behavior. When you swing from one emotion to another, first feeling happy and then very sad for no reason, this is an example of emotional instability. Lack of stability; unstableness. lack of stability or steadiness. tendency to variable or unpredictable behavior. physics is a fast-growing disturbance or wave in a plasma.
Instability is the quality of being unstable. ...unpopular policies, which resulted in social discontent and political instability.
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Answer:
Explanation:
Return on common stockholders' equity for 2015:
(Net income - preferred stock)/Equity
(63,000-5,400)/2,400,000 = 57,600/2,400,000 = 2.4%
Return on common stockholders' equity for 2015:
(99,000-5,400)/3,000,000 = 93,600/3,000,000 = 3.12%
From these calculations, it is clear that return has improved.
To economist, the social cost of union depends primarily on the people. People do not start their lives with fully developed theories about systems of society where unions are formed to fight for socialism. This organize monopolies to break down competition.
Answer:
$441,000
Explanation:
The computation of the cost of merchandise sold is shown below:
Cost of merchandise sold = Opening inventory + net purchase - ending inventory
where,
Opening inventory = $14,500
Net purchase is
= $475,000 - $15,000 - $9,000 + $7,000
= $458,000
And, the ending inventory is $31,500
So, the cost of merchandise sold is
= $14,500 + $458,000 - $31,500
= $441,000
