Answer: (a) Fall
(b) Increase
(c) Increase
(d) Unchanged
Explanation:
Suppose there is a competitive market with a downward sloping demand curve and horizontal supply curve. In a competitive market there are large number of buyers and sellers. So, if there is a downward shift in the supply curve, as a result equilibrium price will fall, equilibrium quantity will increase, consumer surplus now become larger and producer surplus remains the same because of the horizontal supply curve.
Answer:
The Correct Option is C.
Explanation:
Vision is which a person see something either having a heavenly perspective or in the person or individual mind. Whereas the dream is what the person or individual see when the person or individual is asleep.
So, Jung believed that the dreams and the vision is important or vital form of communications from another domain.
Answer: <u><em>A nation cannot have a comparative advantage in the production of every good.</em></u>
The principle of comparative advantage states that under free commerce, an representative will produce more of and consume less of a commodity for which they have a comparative advantage. Comparative advantage is the economic experience depicting the work increase from trade for individuals or nations, which originate from differences in their factor endowments or technological progress.
The answer to this question is scanning software.
In order to transform a paper document into a digital form, you need both scanning hardware and scanning software.
Scanning software will transform the document into bits and usually will give some features such as enlarging the image, change some part of the text, etc.
The three objectives in the retail store are:
- Excellent Customer Service.
- Boast Brand Awareness.
- Create or form Brand Loyalty.
<h3>What is average revenue?</h3>
Average revenue is known to be the one that depicts how much revenue exist per unit of the output.
Marginal revenue is one that connote the increase or boast up that is found in total revenue as it is said to be increasing from one output unit.
Note therefore, that if the three objectives in the retail store are meant, the store will have a lot of customers.
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