Answer:
B
Explanation:
When there is an increase in demand or supply due to factors different from prices we know curves shift to the right, the opposite if there is a decrease: curves shift to the left. We could have only demand shifts, only supply shifts or both. In this case, both are increasing for instance both shift to the right. If we draw demand and supply curves (shown in the figures attached) we know for sure that equilibrium prices and quantities will change. As it is shown in both figures, equilibrium quantity changed and always increased (q2>q1) but it isn´t clear what happens with prices because it depends on the magnitude of the supply or demand shift. Figure 1 shows a high magnitude shift and the equilibrim price decreased (p2<p1) but Figure 2 shows a lower magnitude shift and the equilibrium price increased (p2>p1). That is why, if both supply and demand increase eq. quantity will always increase but prices could increase or decrease.
Hello!
You forgot the alternatives!
incentives
<span>margin </span>
<span>markets </span>
<span>scarcity
</span>
The term that is most closely related to trade-off, from the list above, is: scarcity. Scarcity is the condition that moves the trade-offs, it determines the quantity of each product you need or have. So, for example, if you need a product that you don't have enough and another that you have in excess, you can exchange it with someone that have interest in your product and has the one that you need.
Hugs!
Answer:
The Demand of Beef would increase because people would want to buy something cheaper
<em><u>Could I please have BRAINLIEST. </u></em>
A decision to communicate means to communicate positively, offering help and support, and it doesn’t involve criticism and dispiriting. It a method of communicating more effectively and efficiently. In addition, communicating constructively is a way to present your points to a person or audience so they can understand them.
