All categories

2 years ago

Other things equal, a fall in the market price caused by a change in supply will

Business

1 answer:

forsale [732]2 years ago

3 0

A fall in price that is caused by a change in supply would lead to an increase in consumer surplus.

A fall in market price happens when the products that are supplied or available in the market are in excess.

Simply put, an increase in supply or excess supply causes goods to fall in price. Because the good is surplus in the market.

As supply rises, the equilibrium falls leading to an increase in consumer surplus. This surplus happens because the price that was paid for a good becomes less than what was thought to be the price.

You might be interested in

Cold Goose Metal Works Inc. is a small firm, and several of its managers are worried about how soon the firm will be m, able to

nadezda [96]

Answer:

the answer is $3,504,802.

5 0

3 years ago

Which command is used to draw visible line form invisible line mode *

KatRina [158]

In Microsoft window logo, the command which is used to draw visible line that forms an invisible line mode is: A. PD.

Microsoft window logo is a programming language that was designed and developed at the Massachusetts Institute of Technology (MIT) by George Mills, based on the educational programming language called Logo.

Some of the commands that are used on Microsoft window logo include the following:

FORWARD (fd)

BACK (bk)

HOME

RIGHT (rt)

Pendup (PU)

Pendown (PD)

In Microsoft window logo, the Pendown (PD) command is used to instruct the turtle to draw a visible line or leave ink (tracks) on the screen as it moves. Thus, it is a command which is used to draw visible line while forming an invisible line mode.

Read more on programming language here: brainly.com/question/16901424

6 0

2 years ago

20 points easy?………………………

natita [175]

Answer:

Legal damages

Explanation:

yes 20 points easy

3 0

1 year ago

Ashland Corporation estimates its manufacturing overhead costs to be $360,000 and its direct labor costs to be $400,000 for 2020

denis23 [38]

Answer:

Allocated MOH= $180,000

Explanation:

Giving the following information:

Manufacturing overhead is applied to jobs based on direct labor costs using a predetermined overhead rate.

The estimated manufacturing overhead costs are $360,000 and direct labor costs $400,000.

First, we need to calculate the MOH rate:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 360000/400000= $0.9 per direct labor dollar.

The actual manufacturing labor costs for job 3 are $200,000.

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 0.9*200000= $180,000

7 0

3 years ago

Rebecca Minkoff's integration of technology and fashion has resulted in innovate products and an enjoyable shopping experience t

fiasKO [112]

The question is incomplete. The complete question is:

Rebecca Minkoff's integration of technology and fashion has resulted in innovate products and an enjoyable shopping experience that stands out in the world of retail fashion. This illustrates _______.

a.multi-channel retailing

b.retail positioning

c.category management

d.atmospherics

e.store image

Answer:

Retail positioning

Explanation:

Retail positioning helps to differentiate a particular retailer from its competitors due to the various unique features possessed by the retailer.

This type of positioning helps to provide a high competitive advantage to the retailer by differentiating the business from the rest of it's competitors.

An effective positioning strategy can contribute immensely to a retailer's overall success in the market.

Rebecca Minkoff's integration of technology and fashion has positioned her in a top level in the retail market, it has made her business stand out among her competitors.

3 0

2 years ago

Read 2 more answers