Answer: 1. Demand
2. Demand-pull
3. cost of production
4. Higher prices
Explanation: Just took test
Suppose that at prices of $5, $4, $3, $2, and $1 for product Z, the corresponding quantities supplied are 7, 6, 5,4,3 units, res
Alchen [17]
Answer:
A)Improved technology for producing Z.
Explanation:
- which means automation of production, so when you will have mass production at low cost it will definitely result in a decrease of product cost.
- This shall consequently lead to an increase of the quantities of product Z produced because, the extra capital that comes from saving on the production costs shall be used to produce more goods.
- Since production shall have not cost any extra capital, the price shall remain constant.
Answer:
Christopher Columbus was a Portuguese explorer who discovered Central America and the Native Americans living there. He originally was supposed to sail to the coast of India. But, instead ended up arriving at the East coast of America. He called the native tribes living in the area Indians. His discovering of the americas affected the native americans living there because of the europeans claiming and taking over most of the americans land. This left the indians weak and defenseless in areas of defense Overall, the indians were much less advanced strategically and the arriving of the europeans left the americans at a strategical disadvantage.
Answer:
Colin is making a(n) external or situational attribution, whereas Jim is making a(n) internal or personal attribution.
Explanation:
In psychology, the attribution theory explains that people try to understand or make sense of a behavior or event by assigning causes to it. An external or situational attribution explains the cause for the event as a matter of luck, of interference by other people or the environment etc. In short, the behavior or event is caused by something external to itself. On the other hand, internal or personal attribution explains the cause as resulting from the involved person's personality, abilities, skills, mood, efforts, etc. That means the cause would be the very person, not something else. From those explanations, we can conclude Colin is making an external attribution - traffic is the cause - while Jim is making an internal attribution - the caterer is disorganized.