Your coworker Ginny is really concerned about a project that she has just been assigned. She is in charge of analyzing and deter
mining conditions in the market for televisions from an extensive sales report. If Ginny's boss is interested in a graphical presentation of the relationship between the price and quantity of televisions supplied you would advise your coworker to construct _____ using the data provided.
a. a supply curve
b. the law of supply
c. a supply curve
However, if Ginny's boss is more interested in the detailed numbers used to construct this visual representation, you would instead advise your coworker that a _____ would be more appropriate.
a. supply schedule
b. supply curve
c. law of supply
If Ginny's boss wants to get the graphical representation of the relationship between the price and quantity of televisions supplied, then he would use th:
a. a supply curve
However, if he is interested in the visual representation, then he would have to use the:
a. supply schedule
<h3>What is a Supply Curve?</h3>
This refers to the representation of the relationship which exists between the price and supply of a particular good.
With this in mind, we can see that the best way to display the set of data in a graphic format is with the use of the supply curve while the representation of data in a visual format would be the use of a supply schedule.
This is what they call <span>condition precedent. The party's task to </span><span>perform arise after a specific event happens. However, when the event never happens, </span><span>the duty of the party to </span>perform will<span> never arise. The parties are discharged from the contract.</span><span> </span>
B) It would increase the opportunity cost of becoming a broadcaster.
Explanation:
Opportunity costs are defined as the cost of choosing one alternative activity or investment over another.
The basketball player has two options, he can continue to play for an NBA team with a much better salary, or he can decide to become a broadcaster. If the player decides to quit basketball, then he will lose more money due to pay raise. That amount of money that he will lose if he decides to become a broadcaster is the opportunity cost of becoming a broadcaster. Since the pay increase raised the player's salary, the opportunity cost of becoming a broadcaster also increases.
