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sveticcg [70]
2 years ago
8

To maximize economic surplus, keep increasing output as long as

Business
1 answer:
finlep [7]2 years ago
7 0

Answer:Therefore, total surplus is maximized when the price equals the market equilibrium price. In competitive markets, only the most efficient producers will be able to produce a product for less than the market price. Hence, only those sellers will produce a product

Explanation: i no it

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A drought decreases the supply of agricultural products, which means that at any given price a lower quantity will be supplied;
Dvinal [7]

Answer:

The correct answer is option C.

Explanation:

A drought adversely affects the production of crops causing the supply of agricultural products to decline. Because of the decline in supply, the supply curve for agricultural products will shift to the left. This implies that at any given price, a quantity lower than earlier will be supplied.  

Good weather, on the other hand, positively affects the production of crops. This causes supply to increase. As a result, the supply curve will shift to the right, implying, an increase in the quantity supplied at each price level.

5 0
3 years ago
What factors underlay the decision by Volkswagen to invest directly in automobile production in Russia? Why was FDI preferable t
viktelen [127]

Answer: Volkswagen invested in Russia because Russia’s economy was growing rapidly and living standards were rising while the level of car ownership was still low. This made Volkswagen believe that the demand for cars would grow quickly.

FDI was preferable because Volkswagen’s competitors were also investing in production facilities in Russia, so they felt that they needed to invest directly to be on the same levels as their rivals.

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3 years ago
What is the setting of the story? “ Muffin Dragon”
yarga [219]

Answer:

A fire-breathing winged serpent adores crunching biscuits more than anything on earth, subsequently his name, the Muffin Dragon. An awesome anecdote about basic financial matters as it identifies with this mythical dragon and merciful yet poor people who live in a once-over mansion in the forested areas

Explanation:

Hope this Helps!

6 0
3 years ago
What does Accenture help businesses implement to ensure their data is trustworthy and reliable? data citizenship and literacy pr
FinnZ [79.3K]

Answer:

data governance and management policies.

Explanation:

A database management system (DBMS) can be defined as a collection of software applications that typically enables computer users to create, store, modify, retrieve and manage data or informations in a database. Generally, it allows computer users to efficiently retrieve and manage their data with an appropriate level of security.

Basically, a data database system typically contains the records about all the data elements (objects) such as data relationships with other elements, ownership, type, size, primary keys etc. These records are stored and communicated to other data when required or needed.

One of the world's largest management and technological consulting company that provide services such as database management, consulting, strategy and outsourcing is Accenture.

Accenture help businesses implement data governance and management policies in order to ensure their data is trustworthy and reliable.

7 0
2 years ago
Gina changes the amount of milk she purchases depending on whether it costs $1,$1.50, or $1.75 a pound. What other information d
Illusion [34]

Answer: how much butter she buys at each price point.

Explanation: The demand curve shows how much a person chooses to buy at different prices. In order to graph the curve, we need to know how much butter Jenna buys when it costs $1, $1.50, and $1.75.

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3 years ago
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