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Ray Of Light [21]
2 years ago
5

When price increases, quantity supplied

Business
1 answer:
CaHeK987 [17]2 years ago
6 0

Answer:

Why does quantity supplied increase when price increases? With increase in Price, Suppliers will provide a higher Quantity. If the Price is set above the Equilibrium Price, then the Quantity Supplied will be higher than the Quantity Demanded and there will be a surplus which will drive the Price back to the Equilibrium Price.

Explanation:

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Resources are used efficiently in the sunhat market because when​ _______.    A. production is capital​ intensive, producer surp
Bad White [126]

Answer:

The correct answer is B

Explanation:

Resources are used efficiently in the sunhat market because when marginal social benefit equals marginal social cost, total surplus is maximized. Thus, From the given four options only the option B is the correct option.

MSC = Marginal Social cost

MSB = Marginal Social Benefit

It is becuase in the competitive market, the quantity that is supplied in the market in same to the quantity which is demanded.

6 0
3 years ago
The yield to maturity is always equal to the interest payment of a bond. <br> a. True <br> b. False
ella [17]
A. True, Yield to Maturity or called YTM is a measure of your annualized return if a bond, or all the bonds in a fund, are held to maturity.
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4 years ago
All of the following should be considered before enrolling in a 529 plan except which
Pavel [41]

There is a limit on how many colleges you can apply to.

7 0
4 years ago
Inacio Corporation uses the weighted-average method in its process costing system. Data concerning the first processing departme
hjlf

Answer:

$17.97 per unit

Explanation:

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Equivalent units = 8,500 + 2,000*90%

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8 0
3 years ago
When each general partner is liable for the debts of the firm, no matter who was responsible for causing the debt, this is calle
jeka57 [31]

The type of liability that is illustrated in this scenario is known as unlimited liability.

<h3>What is unlimited liability?</h3>

It should be noted that in an unlimited liability company, the general partners are responsible for all the debts and liabilities that are incurred.

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Learn more about liability on:

brainly.com/question/25012970

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