b. the demand curve for Just Right cereal shifts to the right
<h3>What causes the demand curve to shift to the right?</h3>
When a factor other than price affects demand, the demand curve will shift. It happens when the price doesn't change but the demand for goods and services does.
If the determinant raises demand, the curve moves to the right. This indicates that even while the price remains the same, there is a greater demand for the commodity or service. The incomes of consumers will increase as the economy is flourishing. Despite the fact that prices haven't increased, people will purchase more of everything.
Learn more about the demand curve here:
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Answer:
D. It is cheaper to produce some goods in the U.S. because productivity is higher here.
Explanation:
If the statement "It has been all downhill for the West since China entered the world market; we just can't compete with hundreds of millions of people willing to work for almost nothing." Fails to connect wages and productivity, it means that despite China having many people willing to work for low wages it does not mean they are more productive.
Productivity is defined as how effectively a production process is. It is the ratio between output and input used.
If China has low productivity with the large workforce it has, it will be cheaper to produce goods in the United States that has a higher productivity.
The United States will be able to maximise inputs used in the production process to give higher output.
Answer:
Governments that are interested in minimizing the efficiency costs of taxation should only tax goods where demand or supply, or both, are relatively inelastic.
Explanation:
hope this helps
Answer:
a) 37,907.
Kindly go through the attachment for the other answers requested for from the question.
Explanation:
The journal entry for the issuance of Bond = 37,907.
The journal Entry for Interest Payment and Amortization in 2014 are in the attached file. Kindly go through it for the illustration through which the answers are gotten.
Ok this is for me this might not be the same for you. I use Bank of America and when I opened mine I needed to make a minimum deposit of $25. Again this was for me I dont know if this is the same for everyone or every bank.
Have a nice day user!
