Answer:
The correct answer is "decrease".
Explanation:
This would cause the current demand for computers to decrease because consumer expectations would be displaced in the long run by waiting for computer prices to decrease before going to buy them. This behavior is due to the advance announcement of the manufacturers.
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4.
Potential GDP is the maximum output when there is full employment of resources or the factors of production.
Option (a) is the best choice. Interest groups pay lobbyists to serve as their representatives.
<h3>What does interest group lobbying entail?</h3>
The act of lobbying is the direct approach taken by a lobbyist to influence public figures to promote the agenda of their clientele. The National Rifle Association is an illustrative lobbying organization. Interest groups are associations of people who get together for the purpose of influencing the government.
<h3>Why would a lobbyist be employed by an interest group?</h3>
Lobbyists are employed by interest groups to sway elected authorities. Access to public figures in all areas of government is sought after by lobbyists. By informing government officials about the interests of their group and engaging in grassroots lobbying, lobbyists attempt to sway policy. Many lobbyists have prior public service experience.
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As observed by robert e. kelley, Substitutes for leadershipis an essential quality of effective followers.
<h3>What is
leadershipis ?</h3>
The ability of a person, group, or organization to "lead," influence, or direct other people, groups, or entire organizations is referred to as leadership, both as a field of study and as a practical talent. The term "leadership" is frequently seen as a contentious one. The subject is debated in specialized literature from numerous points of view, occasionally contrasting Eastern and Western leadership styles as well as (within the West) North American versus European styles.
Leadership is described as "a process of social influence where a person can enlist the aid and support of others in the fulfillment of a common and ethical task" in U.S. academic institutions.
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Answer:
A. The quantity of backpacks supplied increases and the supply of backpacks is unchanged
Explanation:
The law of supply states that the higher the price, the higher the quantity supplied and the lower the price, the lower the quantity supplied.
If the price of backpack increases, the quantity of backpacks supplied would increase. This would lead to an upward movement along the supply curve.
There would be no change in supply.
Changes in price only leads to changes in quantity supplied.
I hope my answer helps you
