C is your answer C) master budget
Answer:
A. A change in the price of good X.
Explanation:
A demand curve plots price against quantity demanded. A change in price causes a movement along the demand curve according to the law of demand which says an increase in price leads to a reduction in quantity demanded and a fall in price leads to a rise in quantity demanded.
If the price of a complementary good increases, the demand for good x would fall and the demand curve would shift leftwards.
If income increases, and good x is a normal good, the demand curve would shift to the right.
If a change in taste and preference is in favour for good x, more of good x would be demanded and the demand curve would shift to the right.
I hope my answer helps.
50) B - Per Capita Income
Accurate measurement is VERY important in banking because banking is all about exact calculations. If one balance measure is off, the entire bank report will not be acurate. One little mess up and the entire calculation goes wrong.
Answer: The supply curve will shift ot the left if wages paid to milkshake makers increase.
When the wages paid to workers increase, the cost of producing a product also increases.
If the supplier continues to sell at the price before the wage increase, he will earn less profits than before, so he will not be motivated to produce as many units of the product as he was producing before.
In order to produce as many units as he was producing before the wage increase, he will look achieve the at least the same amount of profit as before. So, he’ll be willing to supply the same quantity of goods only at a higher price per unit. Hence the supply curve will shift to the left.
