Which development would most likely cause the supply of a product to increase? O A. New technology allows the product to be made more quickly. B. Companies expect the price of the product to fall significantly. C. Fewer workers receive the education needed to create the product. O D. Government regulations increashthe cost of making the product.

Q: Which of the following statements about the supply curve is the most accurate? It shows how the…

A: Demand and supply are market forces which determine equilibrium in the free competitive market.

Q: K Farmers can raise either goats or ostriches on their land. Which of the following would cause the…

A: Supply:Supply is the total number of goods and services produced by a producer is called supply.…

Q: Which of the following will cause the demand curve to shift right? O A. more firms in the marketi…

A: A demand curve is a graphical representation that illustrates the relationship between the price of…

Q: K Figure 4.2.2 The Market for Robotic Rubber Ducks Price $40 $50 $ 60 $70 $ 80 $ 90 $100 OA 70,450…

A: The demand curve is the downward-sloping curve. The supply curve is the upward-sloping curve. The…

Q: What will happen if there is exit (less suppliers) in the market for firewood? The quantity demanded…

A:

Q: Which of the following would reduce the supply of computers? higher wage rates for the workers that…

A: The market supply curve of a commodity can shift as a result of a change in technology, government…

Q: If a good is "inferior," what will a decrease in income result in? O a. no change in the demand for…

A: Inferior good : An inferior good is that good for which the income effect is negative. It means that…

Q: In the market for coffee, consumers expect the price of coffee beans to rise next week. This would…

A: According to the law of demand, the quantity demand is dependent on the price, keeping other things…

Q: 15.Over time, housing shortages caused by r ent control AREA MAJID A increase, because the demand…

A: When rent is set below the equilibrium price then it will create a shortage within an economy, In…

Q: Figure 4-10 Face uantity Refer to the Figure 4-10. What would cause the movement from point B to…

A: The demand curve is the downward-sloping curve. The supply curve is the upward-sloping curve. The…

Q: On the diagram to the right, a movement from A to B represents a O A. decrease in demand. B. change…

A: The law of demand establishes the negative correlation between the two variables- price and quantity…

Q: What can cause the demand curve to shift in? a. Increase in income b. Technological Decline C.…

A: The demand curve shows an inverse relationship between price and quantity demanded. Demand is a…

Q: How will an increase in the number of sellers of tablets affect the market for this product? O A.…

A: Market equilibrium(E) occurs when the quantity of a service or good demanded by buyers equals the…

Q: Due to technological advancements,the cost of producing electric cars has decreased…

A: Technological change is critical for a company to attain the best possible working environment. It…

Q: If a new dress shop opens, then Multiple Choice there will be a movement down along the market…

A: Supply  is the amount of a resource that firms, producers, labourers, providers of financial assets,…

Q: A new worker safety regulation will increase the marginal cost of extracting crude o from the…

A: Executing wellbeing and security in the working environment helps to evaluate possible dangers and…

Q: The graph shows the supply curve of fitness trackers and the market price of a fitness tracker. Draw…

A: Marginal cost is the change in the production cost arising from producing another unit of the…

Q: Which of the following would cause the price of beef to rise and the quantity to rise? O a. An…

A: Price refers to the amount of money that a buyer pays for a good or service. It is a measure of the…

Q: (a) State on thing that would cause market supply to increase (cause the supply curve to shift to…

A: The law of supply states that there is a direct relationship between price and quantity supplied.…