The correct option is (B) decreases.
How does change in the price of good affects the quantity demand?One of the earliest theories in economics is the law of demand. It combines with the law of supply to explain how market economies distribute resources and establish the costs of the goods and services we use on a daily basis. The quantity bought varies inversely with price, according to the rule of demand. To put it another way, demand decreases as price increases. Marginal utility is what causes this to happen. In other words, customers utilize the initial units of an economic good they buy to fulfill their most pressing demands first, and then they use every additional unit to fulfill progressively lower-value goals.
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What generally happens when a central bank unexpectedly decreases interest rates?
When a central bank unexpectedly decreases interest rates the currency weakens.
Why Do Interest Rates Exist?The interest that a lender charges a borrower is calculated as a percentage of the principal, or the loan amount.The annual percentage rate, or APR, is the usual unit used to express the interest rate on a loan (APR).Rates of interest may also apply to money earned via a savings account or certificate of deposit at a bank or credit union (CD).Interest on these deposit accounts is calculated as an annual percentage yield (APY).
Because borrowers may get loans at low rates while interest rates are low, economies are frequently spurred during these times. Because savings account interest rates are low, businesses and people are more likely to spend money and buy riskier investments like stocks.
This spending stimulates the economy and injects money into the capital markets, causing the economy to grow. Though lower interest rates are preferred by governments, they eventually cause market disequilibrium when demand outpaces supply, resulting in inflation. Interest rates rise in response to inflation, which might be related to Walras' law.
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If, in response to a decrease in the price of grapes, the quantity of grapes demanded increases, then economists would describe this as?
If, in response to a decrease in the price of grapes, the quantity of grapes demanded increases, then economists would describe this as increase in quantity demand.
A decrease in the cost of the good leads to an increase in the quantity demand (and vice versa). The quantity demand and any market price are represented by a demand curve. A shift along a demand curve is used to illustrate a change in quantity demanded. The elasticity of demand, which is correlated with the slope of the demand curve, is the ratio of the change in quantity required to a change in price.
A change in the exact quantity of a product that customers are willing and able to purchase is referred to as a shift in the quantity demanded. A change in pricing is what led to this shift in the quantity demanded.
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A bank asks customers to evaluate its drive-through service as good, average, or poor. which level of measurement is this classification?
The extent of measurement used in the class is ordinal.
Measurement is the quantification of attributes of an object or event, which may be used to evaluate other objects or activities. In different phrases, dimension is a process of figuring out how large or small a bodily amount is compared to a basic reference amount of the identical kind.
The 3 well-known structures of measurement are the worldwide machine of gadgets (SI) gadgets, the British Imperial gadget, and the USA commonplace system. of those, the global device of devices(SI) devices are prominently used.
Measurement is the technique of assessment of the given physical amount with the recognized trendy amount of the identical nature. for example, measurement of the period the use of Vernier Callipers and dimension of diameter of cord using screw gauge.
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all countries have what type of economy? question 8 options: a) command b) traditional c) mixed d) market
all countries have the type of mixed economies.
what is a mixed economy?mixed economy combines the features of both socialist and free-market financial systems. It is additionally known as a double system. Most countries nowadays have a blended financial system with the presence of both open services as well as private industries.
A mixed economy may be a framework that combines aspects of both capitalism and socialism. A blended economic system secures private property and allows a level of financial freedom within the use of capital, but also allows for governments to interfere in economic activities in arrange to attain social aims.
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What type of entrepreneurship focuses on preservation of nature, life support, and community in the pursuit of perceived opportunities to bring into existence future products, processes, and services for gain, where gain is broadly construed to include economic and non-economic gains to individuals, the economy, and society?.
Sustainable entrepreneurship focuses on protecting nature, life support, and communities while pursuing opportunities to realize and profit from future products. Benefit is broadly interpreted to include personal,social and non-economic benefits.
The relationship between sustainable development and entrepreneurship is referred to as "sustainable entrepreneurship." Entrepreneurs want to solve real problems for the market and want to be change-makers who see and seize chances for sustainable growth. In order to explore the junction of economic, social, and environmental sustainability, this chapter discusses three popular conceptual views.
The fundamental tenet that links all three viewpoints is that business operations undertaken by entrepreneurs for financial gain must not have a negative impact on the social and ecological ecosystems in which they operate. As a result, we provide research results on sustainable entrepreneurship in practice and place special emphasis on the role of community and multiple goals as crucial procedural elements in advancing the Sustainable Development Goals.
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consider a u.s.-based mnc parent, triloo inc., that owns subsidiaries in the france, mexico, and australia. suppose that the economy in france weakens, leading to a lower national income.
This higher national income in France will most likely increase the demand for Triloo products, leading to higher expected cash flows denoted in euros and an increase in the value of Triloo Inc. This example is best classified as a case of exposure to international economic conditions.
This publicity results from the possibility of forex profits or losses whilst settlement takes vicinity at a destiny date of foreign money-ruled contracts. economic publicity is a chance for multinational companies which have several subsidiaries in foreign places and plenty of transactions related to foreign currencies.
Transaction publicity is the extent of uncertainty corporations are worried about the worldwide alternate face. particularly, it's miles the hazard that forex charges will fluctuate after a firm has already undertaken an economic duty. although financial exposure is a big difficulty for multinational companies due to the advent of globalization.
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At a meeting held during passover, there are two buffet lines. one has matzo and no shrimp and the other has bread and shrimp. this is an example of a?
This is an example of a reasonable accommodation. A reasonable accommodation is a change made to a system to accommodate fair for a person based on a demonstrated need. This requirement can change. Religious, physical, mental or emotional, intellectual, physical, or employment-related accommodations are frequently required by law.
Each country's system of reasonable accommodations is unique. In the Convention on the Rights of Persons with Disabilities, the United Nations uses this phrase to describe reluctance to make reasonable accommodations as discrimination. It defines "reasonable accommodation" as "required and suitable modification and changes that do not impose a disproportionate or undue burden, where necessary in a given case, to ensure the enjoyment of persons with disabilities."
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consider the market for ipods. what happens if a fantastic new alternative mp3 player is developed and, at the same time, a boat carrying a large shipment of ipods is attacked by sea monsters and sunk? a price decreases and quantity increases. b price decreases and the change in quantity is uncertain. c the change in price is uncertain and quantity decreases. d price increases and quantity increases. e price increases and the change in quantity is uncertain.
Quantity decreases and the price fluctuation is erratic. Reduced demand will result in a drop in the equilibrium price and a reduction in supply. With everything else remaining constant, an increase in supply will result in a decrease in the equilibrium price and an increase in the amount required. The equilibrium price will increase as the supply declines, while the quantity needed will go down.
Since cream cheese and bagels go well together, the demand for bagels would decline if cream cheese prices increased. The equilibrium quantity of bagels decreases as a result.
Prices tend to increase to a higher equilibrium price and a lesser quantity of goods and services when the supply of goods and services declines and demand stays the same. The demand for goods and services has the same inverse relationship.
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If nissan invests in a new plant to manufacture a new car model, it is an example of which corporate financial decision?.
If nissan invests in a new plant to manufacture a new car model, it is an example of Capital budgeting corporate financial decision. Capital budgeting is the process by which a company evaluates potential large projects or investments. Capital budgeting is required before a project is approved or denied.
Such as the construction of a new facility or a large investment in an outside enterprise. Capital budgeting primarily refers to the decision-making process associated to long-term project invests, such as the capital budgeting process undertaken by an organization to determine whether to continue with existing machinery or purchase new machinery in place of old machinery.
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stockholders' equity as of december 31 at the end of the next year, assuming that assets increased by $79,370 and liabilities increased by $19,000 during the year. fill in the blank 2 of 2$
The stockholders' equity as of December 31 at the end of the next year is equals $60,370.
What is a stockholders' equity?It refers to the assets remaining in a business once all liabilities have been settled. It is calculated by subtracting the total liabilities from total assets; it can also be calculated by taking the sum of share capital and retained earnings and less treasury stock.
Basically, the stockholders' equity means the remaining amount of assets available to shareholders after paying liabilities to all due owners.
Given data
Assets increased by $79,370
Liabilities increased by $19,000
Estimated stockholders' equity = $79,370 - $19,000
Estimated stockholders' equity = $60,370
Therefore, the stockholders' equity as of December 31 at the end of the next year is equals $60,370.
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All of the following are considered corporate stakeholders, except:________
a) competitors.
b) shareholders.
c) community members.
d) society at large.
All of the following are considered corporate stakeholders, except competitors.
Primary stakeholders have the very best degree of interest in the final results of a venture due to the fact they may be directly stricken by the final results. They actively make contributions every day a project. those varieties of stakeholders include every group leaders.
Secondary stakeholders additionally assist day-to-day tasks, however on a decrease, fashionable stage. These types of stakeholders help with administrative strategies, economic, and felony matters.
Direct stakeholders are worried with the activities with a assignment. Employees can be considered direct stakeholders as their daily obligations revolve round tasks at a commercial enterprise.
Indirect stakeholders pay attention to the finished undertaking final results instead of the system of finishing it. Oblique stakeholders challenge themselves with things like pricing, packaging, and availability. Daily are a form of indirect stakeholder.
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In 2017, the average u.s. home used 10,399 kwh. what is this energy consumption in btus? what is it in kj? 10399 kwh=
The common u.s. home used 10,399 kWh. this energy consumption in BTUs and in KJ.10399 KWH:
1 KWH= 3412.142 BTU
1KWH= 3600 KJ
∴10399 KWH= (10399) ×3412.142= 35482864.66 BTU
∴10399KWH = (10399)×3600 = 3743600 KJ
Strength intake refers to all the energy consumption to perform a motion, manufacture something, or truly inhabit a building. right here are some examples: In a manufacturing facility, total strength intake may be measured with the aid of looking at how a good deal of electricity a production method consumes, as an example, via making automobile elements.
The energy consumption consists of that of coal, crude oil, and their merchandise, herbal gasoline, and power, but, it excludes the consumption of gasoline of low calorific cost, bio-strength, and solar power. electricity plays an important position in the lives of people and inside the activities of the financial system, each as a scale of economic and social development and as a simple humanitarian want. consequently, electricity consumption per capita of a rustic seems as a vital indicator of financial improvement.
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The energy consumption in BTUs is 35482864.66. And in kJ is 37426400 kJ.
Energy consumption refers to all of the energy used to perform a movement, manufacture something, or clearly inhabit a building. right here are a few examples: In a manufacturing unit, total energy intake can be measured by using looking at how much strength a production technique consumes, for instance, by way of making car elements.
The total Energy consumption includes that of coal, crude oil and their products, herbal fuel, and electricity, but, it excludes the consumption of gasoline of low calorific price, bio-energy, and sun strength.
1 KWh = 3412.142 BTU ( British thermal units)
1 KWh = 3600 kJ
∴ 10399 KWh = 10399 × 3412. 142 = 35482864.66 BTU
or
10399 KWh = 10399 × 3600
= 37426400 kJ.
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If the surgeon releases the yellow foot pedal after the 3-2-1 firing countdown has completed and firing has begun.
a. true
b. false
If the surgeon releases the yellow foot pedal after the 3-2-1 firing countdown has finished and firing has begun. b. false
A surgeon is a doctor who evaluates and treats conditions that may require surgery or physical modifications of the body.
Surgery may be done to diagnose or treat a disorder or injury. In the operating room, the surgeon leads a team of other doctors and nurses to make sure the procedure goes smoothly. Physicians are responsible for preoperative examination of patients, surgical and postoperative surgical treatment, and providing care to victims. Physicians are considered due to the surgical team leader.
Surgeons operate on victims to repair accidents involving fractured bones. diseases consisting of cancerous tumors; and variations, including division of the palate. There are two types of doctors with the same scope. M.D. (Doctor of Science) and D.O. (Doctor of Osteopathic Medicine).
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A nation's balance of payments is the record of all economic transactions between?
A nation's balance of payments is the record of all economic transactions between the citizens of a nation and other nations at a given period of time.
What is balance of payment?This is the term that is used in finance to also refer to the balance of international payment. This is the term that has to do with the statement of all of the transactions that would happen between the given entities that are in a nation with other nations over a specified period of time. The period could be defined as a quarter.
Hence we can say that A nation's balance of payments is the record of all economic transactions between the citizens of a nation and other nations at a given period of time.
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The position of court composer was one with many benefits, however, the composer was still a ______.
Court musicians went on business trips with their employers and were more up to date on musical trends.
What is musicians?A musician is someone who writes, performs, or conducts music. According to the United States Employment Service, the term "musician" is a catch-all phrase for someone who makes their living through music. Musicians are anyone who composes music and lyrics for songs, directs a musical performance, or plays live in front of an audience. A musician who performs is often either a vocalist who sings or an instrumentalist who plays an instrument. Musicians can perform solo, in a group, band, or orchestra, or both. Musicians specialise in a particular musical genre, while some play in a range of genres based on their cultural and linguistic backgrounds. A recording artist is a musician who produces and releases music artist.
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A retail ownership form that combines independent ownership and management assistance is ________.
A retail ownership form that combines independent ownership and management assistance is franchising.
What is franchising?A franchise is the a license type which grants a access to a franchisee and franchiser's proprietary. The franchise is allowed to sell the products accessing the business knowledge trademarks and other processes under the name of the franchiser.As an exchange to the acquired franchise, the franchisee will have to pay the an annual licensing fees and an initial startup fee.The royalties paid to the franchise varies with industries and the lies in the range of 4.6% and 12.5%.A franchise fee is exchanged for owning the license.
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during world war ii, coca-cola co. cut off all syrup sales to germany in 1940, resulting in no sales from 1943 to 1945. if coca-cola’s sales had grown from 1939 to 1945 at the same rate that they grew between 1934 and 1939, its sales in 1945 would have been approximately
During world war II, Coca-cola co cut off all syrup sales to Germany in 1940 resulting in no sales from 1943 to 1945. According to the given data sales in 1945 would have been approximately 322.92 Billion if Coca-cola sales has grown.
Mention some points about World War II.With the participation of more than 30 nations, World War II was the largest and deadliest conflict in history. The war, which was started by the Nazi invasion of Poland in 1939, carried on for six horrific years before the Allies finally overcame Nazi Germany and Japan in 1945. Between 1939 and 1945, every major nation in the world took part in World War II. Millions of people died in the most catastrophic war in recorded history. Germany, Japan, and Italy—the Axis—fought it, while the Allies prevailed (Britain, the US, and the Soviet Union among others).
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When a tax is levied on a good, the buyers and sellers of the good share the burden, true or false?.
When a tax is levied on a good, the consumer and vendors of the good share the burden, regardless of how the tax is levied. True
When a tax is levied on a good the buyers and vendors of the good share the?A tax paid by buyers moves the demand curve, while a tax paid by sellers moves the supply curve. However, the result is the same regardless of who pays the tax. A tax on goods increases the price buyers pay, lowers the price sellers accept, and reduces the quantity sold.
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company y has just designed a new checkout counter for a chain of supermarkets. this new checkout counter will allow the employees to scan and bag groceries more efficiently. development of the new checkout counter was most likely done by a(n):
This new checkout counter will allow the employees to scan and bag groceries more efficiently. development of the new checkout counter was most likely done by a human factors psychologist
What are human factors in psychology?
A frequent term for human factors is "human factors," which refers to the applications of psychological and physiological concepts to the design and engineering of goods, services, and infrastructure. Specifically focusing on the interface between the person and the designed system, human factors learning has four main objectives: lowering human error, raising productivity, enhancing safety, system availability, and comfort. Methods and methodologies from these and other knowledge fields are used in human factors research to examine human behavior and produce information pertinent to the four main objectives listed above.
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after the raptors won the nba championships, consumers bought 8,000 pairs of running shoes and 30,000 pairs of basketball shoes. would this be possible for the firm to produce with their current production capabilities?
No, Since the raptors won the NBA championships, due to the fact that consumers bought 8,000 pairs of running shoes, it would not also be possible for the firm to make with their current production capabilities.
What is production capability?Production is known to be the ability to be able to make something while production capability is seen as man's ability to keep the standard or the level of production.
When you look at the case above, 8000 running shoes were bought out of 30,000 pairs of basketball shoes. This is not a good sign for a producer since about 28 thousand is still left and one cannot produce more in this case.
Hence, Since the raptors won the NBA championships, due to the fact that consumers bought 8,000 pairs of running shoes, it would not also be possible for the firm to make with their current production capabilities.
Therefore, the response is No.
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after the raptors won the nba championships, consumers bought 8,000 pairs of running shoes and 30,000 pairs of basketball shoes. would this be possible for the firm to produce with their current production capabilities?
Yes
No
If you restrict private internet use entirely, employees may just withdraw in another way, according to which model(s)?
According to a Psychological withdrawal model, if a person restrict private internet use entirely, employees may just withdraw in another way.
What is Psychological withdrawal?Psychological withdrawal can occur when a person stops engaging in an addictive behavior, such as excessive gambling or overspending on goods, in addition to the psychological side effects of quitting using an addictive substance.
The definition of withdrawal behavior given by Rosse and Hulin is actions made with the goal of creating a psychological or physical barrier between employees and the organization. Employees who show signs of withdrawal have low morale, are stressed out, and are badly impacted by their workload.
Thus, it is Psychological withdrawal.
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An organization extending to the whole society that can legitimately use force to carry out its decisions is?
Government is an organization extending to the whole society that can legitimately use force to carry out its decisions.
What is organization?
The word “organization” refers to the structure and hierarchy of the workplace as well as the shared objectives of its participants. The word “organization” is primarily used in the workplace and in business contexts.
The government as they controlled the legitimately and the organization of the entire society. The society and the organization ruled by the government.
As a result, the government to take the decision of the organization as the society.
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determine if the following statements better describe optimization in levels or optimization in differences. part 2 john is attempting to decide on a movie. he determines that the new batman movie provides him with $5 more of a net benefit than the new spiderman movie.
determine if the following statements better describe optimization in levels or optimization in differences. part 2 john is attempting to decide on a movie. he determines that the new batman movie provides him with $5 more of a net benefit than the new spiderman movie.
Optimization in differences, since he is calculating the change in net benefits between alternatives.
What is alternative?
A choice is defined as an alternative. An alternative is to serve corn as a side dish with your main. a circumstance where there is a choice between two possibilities that are mutually exclusive. people who must choose between selling their homes and declaring bankruptcy.
Therefore,
determine if the following statements better describe optimization in levels or optimization in differences. part 2 john is attempting to decide on a movie. he determines that the new batman movie provides him with $5 more of a net benefit than the new spiderman movie.
Optimization in differences, since he is calculating the change in net benefits between alternatives.
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Given that the price of a book is $5 and a movie ticket costs $4, the consumer's marginal rate of substitution in equilibrium equals?
Given that the price of a book is $5 and a movie ticket costs $4, the consumer's marginal rate of substitution in equilibrium equals 4/5
How to solve for the marginal rate of substitutionTo solve for the marginal rate of substitution we have to make use of the formula
= dy/dx = MUy/MUx'
we have x and y to be various items
d'y/d'x is the derivative of good y with respect to good x
From the diagram we would have |(y1-y2)/(x2-x1)
When we enter the values we would have
The rate of substitution in equilibrium
= |(4-8)/10-5)|
= -4/5
Hence the marginal rate of substitution for the equilibrium is I-4/5I
= 4/5
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are you promoting people just because you like them? try making your promotion decisions solely on the basis of a person’s technical ability to do the work.""
Bureaucratic management is the answer.
Bureaucratic management seems at how large groups with layers of management can operate in an green, rational manner. Weber and Fayol, the unique proponents of this fashion of management, have been preventing favoritism and incompetence, not unusual in large groups on the time.
What are the five standards of bureaucratic management?
Bureaucratic management include; hierarchy, process specialization, department of hard work, formal policies, procedures, equality, and recruitment on benefit.
What is bureaucratic management and its functions?
The functions of bureaucratic management concept are based totally upon six primary traits. Those traits are specialization, policies and policies, hierarchy, properly-skilled employees, managerial willpower, and impartiality with the aid of management.
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express the following statement in if-then form. fix my ceiling or i won't pay my rent. if you don't fix my ceiling, then i will pay my rent. if i pay my rent, then you won't fix my ceiling. if you don't fix my ceiling, then i won't pay my rent. if you fix my ceiling, then i won't pay my rent. if i won't pay my rent, then you won't fix my ceiling.
The statement in if-then form - If you don't fix my ceiling, then I won't pay the rent.
Statements are sentences that explicitly a fact, concept, or opinion. Statements do not ask questions, make requests or deliver instructions. they're additionally no longer exclamations.
The assertion is commonly one Statement that appear within the first paragraph of an essay that captures the essay's motive. think of the thesis announcement as a one-sentence summary that tells the reader precisely what an essay says.
An easy Statements is one that does not contain every other assertion as a component. those statements are represented via capital letters A-Z. A compound statement contains as a minimum one easy declaration as a factor, at the side of a logical operator, or connectives.
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a manufacturer of cotton sells its product to a clothing manufacturer. this is an example of marketing
This is an example of wholesaler : A company known as a wholesaler sells goods to customers other than end users.
Who is a wholesaler?Wholesalers like Sam's Club and BJ's purchase their goods from producers and market them directly to consumers. Because they were bought at a lower price, wholesalers can charge less for their goods than retailers.
A wholesaler is a person or business that sells goods in large quantities, either directly or through an intermediary, to other outlets or shops for later resale. Because wholesalers buy in bulk, which cuts down on handling time and expenses, they may sell their goods for less money.
A wholesaler functions as a sort of middleman between a manufacturer and a retailer.
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In a growing industry, _____ companies do even better.
a. good
b. marketing
c. start-up
d. small
In a growing industry, correct organizations do even better.
A growing increase is when your hair turns longer. An example of a boom is when a plant begins as a seed and then develops. An example of growth is when you do the motion of causing a plant to germinate after which increase. An example of the boom is when you take your cash and make investments it to make greater of it.
Growing is the outcome of the increase in protoplasm and this rise is not easy to a degree. the increase is measured by exclusive strategies which include the upward thrust in dry weight, the range of cells, extent, hike in fresh weight, or volume.
Growing is seldom random. alternatively, it takes place consistent with a plan that finally determines the scale and form of the character. the boom can be confined to special regions of the organism, which include the layers of cells that divide and increase in size close to the top of the plant shoot.
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given that chicken and beef are substitute goods, if the price of chicken decreases, there would be: a an increase in the quantity demanded of beef. b an increase in the supply of chicken. c a decrease in the demand for beef. d an increase in the demand for beef. e no change in the demand for beef.
Given that chicken and beef are substitute goods, if the price of chicken decreases, there would be a decrease in the demand for beef.
The correct option is C.
Demand is the amount of a good that consumers are willing and able to buy at different prices during a specific period of time. The demand curve is the relationship between price and quantity demand.
Demand for a given product depends on a variety of factors, including perceived need, price, perceived quality, convenience, alternatives offered, buyer preferences, and disposable money.
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how does relocating to where specific types of human capital are more valued affect how much you can earn? question 4 options: these locations do not exist. increase earnings decrease earnings earnings stay the same.
The way in which relocating to where specific types of human capital are more valued affect how much you can earn is that it would lead to increased earnings
What is Human Capital?This refers to the economic value of a worker's experience and skills in the marketplace.
Hence, we can see that The way in which relocating to where specific types of human capital are more valued affect how much you can earn is that it would lead to increased earnings
This is possible if you have the specific human capital that is needed in the given location.
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