Which of the following will increase the supply of a good? a. An increase in the price
Question:
Which of the following will increase the supply of a good?
a. An increase in the price of another good, which producers could produce
b. A lower price of resources used in the production of the good
c. A decrease in the number of sellers
d. An increase in taxes paid to the government by producers
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (3 reviews)
b A lower pr...View the full answer
Answered By
Leah Muchiri
I am graduate in Bachelor of Actuarial Science and a certified accountant. I am also a prolific writer with six years experience in academic writing. My working principle are being timely and delivering 100% plagiarized free work. I usually present a precised solution to every work am assigned to do. Most of my student earn A++ GRADE using my precised and correct solutions.
4.90+
52+ Reviews
125+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
MCQ questions: 1. An increase in oil prices, such as the oil shocks in the 70s, lead to _______ thereby causing ________ a movement along the AS curve; cost-push inflation a leftward shift in the AS...
-
1. In the classical model, it is thought that the long-run: A. and short-run aggregate supply curves are both upward sloping. B. aggregate supply curve is vertical and the short-run aggregate supply...
-
KYC's stock price can go up by 15 percent every year, or down by 10 percent. Both outcomes are equally likely. The risk free rate is 5 percent, and the current stock price of KYC is 100. (a) Price a...
-
Determine the force in member GC of the truss and state if this member is in tension or compression. Units Used: kip = 103 lb Given: F1 = 1000 lb F2 = 1000 lb F3 = 1000 lb F4 = 1000 lb a = 10 ft =...
-
A uniform disk of mass 2.5 kg and radius 6.4 cm is mounted in the center of a 10-cm axle and spun at 700rev/min. The axle is then placed in a horizontal position with one end resting on a pivot. The...
-
Michael Abrams runs a specialty clothing store that sells collegiate sports apparel. One of his primary business opportunities involves selling custom screenprinted sweatshirts for college football...
-
A certain 10-year bond is currently selling for \(\$ 920\). A friend of yours owns a forward contract on this bond that has a delivery date in 1 year and a delivery price of \(\$ 940\). The bond pays...
-
The Easy Drive Car Rental Agency needs 500 new cars in its Nashville operation and 300 new cars in Jacksonville, and it currently has 400 new cars in both Atlanta and Birmingham. It costs $30 to move...
-
Image transcription text N Netflix O MECH8030_W23_Course_Project.pdf X N Course Project: Battery Pack Design < - C D @ File | C:/Users/Dhrumil/Downloads/MECH8030_W23_Course_Project.pdf o Background:...
-
Bottle-Up, Inc., was organized on January 8, 2010, and made its S election on January 24, 2010. The necessary consents to the election were filed in a timely manner. Its address is 1234 Hill Street,...
-
Who does the demanding and the supplying in the labor market? What about the loanable funds (money) market?
-
Is the price system a just or fair way to allocate products? What about products like medical care and other essential services?
-
Why do companies need to research their international markets?
-
Mary Follett was thought to be a pioneer in the field of Market analysis Human psychology HR management Finance
-
Which approach acts as a single unit composed of subcomponents, inputs, output, processing, and feedback? Quantitative approach Contingency approach Operational approach Systems approach
-
________ can be described as a few anticipated environments where the plans get executed. Forecasting Planning Planning premises None of the above
-
Which of the following is a disadvantage of the bureaucratic form of organization? Approved policies and procedures Democratic form of ruling Works best practices aptly followed Alignment to...
-
Frank and Lillian Gilbreth focused on time and motion study. True False
-
In 1950, J. R. Clarkson founded a family-owned industrial valve design and manufacturing company in Sparks, Nevada. For almost a half century, the company, known as the Clarkson Company, worked on...
-
The company manufactures three products: wooden chairs, tables and dressers. AFC started off as a 'Mom & Pop' shop but has grown rapidly. AFC uses one assembly line to build all three products,...
-
Explain why a company might want to do focus group interviews rather than individual interviews with the same people.
-
Distinguish between qualitative and quantitative approaches to researchand give some of the key advantages and limitations of each approach.
-
Define response rate and discuss why a marketing manager might be concerned about the response rate achieved in a particular survey. Give an example.
-
How do you differentiate between notice, agenda and minutes of the meeting? Describe the importance of minutes of meeting.
-
What are the uses or purpose of minutes of meeting? Other important information and the benefits of meeting minutes for work and business purposes. Distinguishes various business communication forms.
-
Investigate the evolutionary origins and adaptive significance of complex biological phenomena, such as altruistic behavior, sociality, and cooperation, considering their genetic, ecological, and...
Study smarter with the SolutionInn App