The answer would be B because demand would increase, therefore if there are more consumers there will be less product as people keep buying (therefore p decreases)
A change in quantity supplied is a movement along the supply curve, while a change in supply is a shift in the supply curve.
<h3>What is a supply curve?</h3>
The supply curve is a positively sloped curve that shows how quantity supplied changes with price of the good. All things being equal, the higher the price of the good, the higher the quantity supplied.
<h3>What is a change in supply and a change in quantity supplied?</h3>
A change in quantity supplied is as a result of a change in the price of the good. If price increases, quantity supplied increases and if it decreases, quantity supplied decreases.
A change in supply is caused by other factors other than price. Some of these factors include:
- A change in the number of suppliers
- The cost in the price of raw materials needed in the production of the good.
A change in supply leads to a movement outward or inward.
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Advertising would be something over the world or state country etc that many people will see something that is advertised on tv or a bill board, personal selling would be something that your showing off on your on like on ebay etc that isnt sponsered by any companys and is for your own doing . Hope this helped ! (:
If the number of employed workers equals 200 million and the number of unemployed workers equals 20 million, the unemployment rate equals 9%.
<h3>What is the unemployment rate?</h3>
The unemployment rate is the percentage of the labour force that is unemployed.
The unemployment rate = (number of unemployed people / total labour force) x 100
Total labour force = 200 million + 20 million = 220 million
(20 / 220) x 100 = 9%
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D) a Japanese stores selling tea and spices from South Asia
