Answer:
Increase; supply
Explanation:
When the supply of the milkshakes increases then as a result there is an increase in the consumers surplus. This is due to the lower price level in the market of milkshakes. If there is an increase in the supply of a product then as a result this will reduce the equilibrium price level, therefore, the difference between the consumer's willingness to pay and actual amount paid for the product is greater.
When there is more supply than the demand for the product, the price of the product falls.
The most likely result of this price control would be that the <span>demand for bread will fall, which could result in an excess supply. his excess supply in the market would ultimately force the hand of the manufacturers to stop the production of bread. I hope that this is the answer that has come to your help.</span>
Answer:
a horizontal world supply curve.
Explanation:
When the supply curve is horizontal, it means that supply is perfectly elastic.
Supply is perfectly elastic, if a small change in price leads to supply falling to zero.
Answer:
b. false
Explanation:
A bottleneck is a point at which there is the stoppage in the system of production. The inefficiencies that are generated through the bottleneck developed the delays and leads to the high cost of production
Here in the given situation, since there is the highest contribution margin per unit that gives more priority as compared with the contribution margin per bottleneck hour i.e. totally wrong as it should give the priority to the contribution margin per bottleneck hour
Therefore the given statement is false