subject
Business, 09.07.2019 17:30 brookespradley1

What happens to a market in equilibrium when there is an increase in supply a. excess supply means that producers will make less of the good. b. quantity demanded will exceed quantity supplied, so the price will drop. c. quantity supplied will exceed quantity demanded, so the price will drop. d. undersupply means that the good will become very expensive.

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 01:40
Costs of production that do not change when output changes.question 17 options: total revenuefixed incometotal costfixed cost
Answers: 1
question
Business, 22.06.2019 05:50
Match the steps for conducting an informational interview with the tasks in each step.
Answers: 1
question
Business, 22.06.2019 08:40
Mcdonald's fast-food restaurants have a well-designed training program for all new employees. each new employee is supposed to learn how to perform standardized tasks required to maintain mcdonald's service quality. due to labor shortages in some areas, new employees begin work as soon as they are hired and do not receive any off-the-job training. this nonconformity to standards creates
Answers: 2
question
Business, 22.06.2019 09:00
Harry is 25 years old with a 1.55 rating factor for his auto insurance. if his annual base premium is $1,012, what is his total premium? $1,568.60 $2,530 $1,582.55 $1,842.25
Answers: 3
You know the right answer?
What happens to a market in equilibrium when there is an increase in supply a. excess supply means t...
Questions
question
Chemistry, 18.10.2021 19:20
question
Mathematics, 18.10.2021 19:20
Questions on the website: 13722361