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2 years ago

Describe the slope of the supply curve. How does the slope reflect the law of supply?

Business

2 answers:

juin [17]2 years ago

8 0

Answer:

Like the law of demand, the law of supply demonstrates the quantities that will be sold at a certain price. But unlike the law of demand, the supply relationship shows an upward slope. This means that the higher the price, the higher the quantity supplied.

tensa zangetsu [6.8K]2 years ago

6 0

Answer:

The upward slope of the supply curve illustrates the law of supply—that a higher price leads to a higher quantity supplied, and vice versa. The shape of supply curves will vary somewhat according to the product: steeper, flatter, straighter, or more curved.

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According to empirical studies, greater consumption is likely to lead to unhappiness. This condition is called _____.

Zarrin [17]

Answer:

Affluenza.

Explanation:

It is a term that described to be psychological and socio-metaphorical illness seen amongst children or also in teens who grow up in a privileged lifestyle, largely isolated emotionally and developmentally from their working parents etc. In most cases according to research, it is seen to make such children feel more isolated than their friends, while at the same time feeling an increase in pressure to perform.

The effect of this affluenza is also seen to make such people to have a feeling of giving themselves excessive pressure to achieving things, these includes in both academic and extracurricular activities.

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3 years ago

Assume the football team is set up as a general partnership and that Lenny, Sarah, and Sam are all general partners in the team.

kramer

Answer: D.The Partnership may be sued as as the partner and the partners' liability unlimited

Explanation:

The Partnership may be sued as as the partner and the partners' liability unlimited

A partnership is not recognized as a legal entity, in a starndard partnership agreement Partners in a partnership are Personally liable. They are jointly and severally liable for the debts of the Partnership. Their personal belongings may be claims in order to settle the liabilities of the partnership

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3 years ago

Which of the following is an advantage of multiple-choice achievement tests over holistic performance-based assessments? Group o

garri49 [273]

Answer:C. Multiple- choice achievement test are criterion -referenced

Explanation:

They can be used to measure different qualitative and quantitative resources of the sample been observed.

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2 years ago

The relationship between the future value of a single sum and the corresponding present value of a single sum is determined by t

Schach [20]

Answer:

Explanation:

interest rate per compounding period ; number of compounding periods

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2 years ago

If the federal reserve banks mailed everyone in the United States a new $1000.00 bill, what would happen to prices, output, and

Artemon [7]

If the Fed mailed everyone a $1,000, the effect would be a <u>rise in prices, </u>output, and income.

<h3 /><h3>What happens when money is injected into the economy?</h3>

The Equation of exchange is:

<em>Money supply x Velocity of money = Price level x Quantity of goods and services produced </em>

If the Money supply increases like it will when $1,000 is sent by the Fed to people, the velocity will also rise as people purchase more goods and services.

The Price level and the Quantity produced on the right side of the equation would also have to rise to match the left side. So prices would rise, and so would output.

Find out more on the equation of exchange at brainly.com/question/10110078.

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1 year ago