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mrs_skeptik [129]
2 years ago
14

7. A decrease in supply will result in which of the following?

Business
2 answers:
Inga [223]2 years ago
8 0

Explanation:

C. Both demand and supply change

sveta [45]2 years ago
3 0

Answer:

It can be both of the demand and supply change.

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Which one of the following descriptions best describes horizontal integration? 1) the economic development of the American West
blondinia [14]

Answer:

b

Explanation:

5 0
3 years ago
For an auto insurance company, the average cost of collision claims is $500 per year for careful drivers and $3000 per year for
Rainbow [258]

Answer:

option (c) $875 per year

Explanation:

Given;

Average cost of collision claims for careful drivers = $500 per year

Average cost of collision claims for for poor drivers = $3000 per year

Poor drivers known by the company = 15%

thus,

Careful drivers = (100% - 15%) = 85%

Therefore,

Insurance company's breakeven price for the collision insurance  

= (Poor drivers known × Average cost of collision for poor drivers ) +( Careful drivers × Average cost of collision claims for careful drivers)

= 0.15 × $3000 + 0.85 × $500

= $450 + $425

= $875 per year

Hence, the correct answer is option (c) $875 per year

8 0
2 years ago
The market size and market growth rates in the foreign market can be influenced negatively by:______.A. population sizes, income
Nikitich [7]

Answer:

A. population sizes, income levels and cultural influences, the current state of the infrastructure and distribution and retail networks available.

Explanation:

The reason is that the foreign markets are affected by the cultural differences for example if US clothing brand enters Suadia Arabia then it can not sell its brands here because in the Suadia Arabian culture girls wear full sleeves and are not skin tight fits. This means that the culture have an influence over the foreign markets. Likewise the income level tells about how much the customer can spend on luxury items, population of customers available is also an attractive part that the investors see to move in the markets. The infrastructure of a country and the regional importance of the state are also the motivators for the foreign companies to move in to the market.

These factors are the ecosystem of the country that gives insight of the market size and market growth of a particular market.

8 0
3 years ago
U. S. Personal savings fell significantly during the 1980s and 1990s. Why didn’t the supply of loanable funds experience a simil
Wewaii [24]

Answer:

Increased foreign wealth and income

Explanation:

5 0
2 years ago
Solving for dominant strategies and the Nash equilibrium Suppose Clancy and Eileen are playing a game in which both must simulta
jarptica [38.1K]

Answer:

See attached file

Explanation:

6 0
3 years ago
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