Answer: D.
Explanation:
For the supply to shift left, there must be a major development in the supply chain that will affect supply enough to decrease it for every price supplied.
Looking at the answers:
A. an increase in technology: this would not cause supply to be more expensive.
B. a decrease in the cost of a substitute would decrease demand, not supply.
C. an increase in consumer income levels would increase demand, as more consumers would be demanding more of the produce or service.
D. an increase in the cost of inputs for widgets would DECREASE supply, as the production of widgets is made more expensive at the same cost.
D is the correct answer.
Answer:
The answer is Business Marketing.
Explanation:
Business Marketing is practiced by individuals and organizations alike. Business marketing is also known as Industrial marketing or Business-to-business (B2B) marketing.
This marketing involves commercial businesses, governments and institutions. In this practice, organization A sell their goods and services to other organization B rather than to the public, and organization B will in turn resell the goods and services.
Organization B can also use the goods and services to enhance their products as well.
This marketing method is a sure way to promote businesses, thereby improving profit.
An example of Business Marketing can be seen in the automobile industry where products from other businesses are used to make a car.
Another example can be seen when an office purchases supplies like coffee and stationery from another business.
Answer:
For how many days must the count have been overdue assuming the supplier uses a 365-day year? 50 days
Explanation:
ACCOUNT 512
% Interest 15%
Annual interest 76,8
76,8 365
10,52 x
X=50 days
The step transforms the item toward completion (something changes)
The step is done right the first time (not a rework step)
The customer cares (or would pay) for the step to be done.
Answer:
∵ MU A / P A > MU B / P B
∴ A purchased & consumer more , B purchased & consumed less.
Explanation:
Consumer is at utility maximising equilibrium, where Marginal Utility per unit of price spent is equal for both goods consumed by consumer.
MU A / P A = MU B / P B
MU A / P A = 16 / 2 = 8
MU B / P B = 24 / 4 = 6
In above case : MU A / P A > MU B / P B [ ∵ 8 > 6 ]
This implies consumer is getting more utility (satisfaction) per unit of price spent on Good A , than that of Good B.
So, consumer Thompson will consumer more of Good A & less of Good B.