Suppose a good or service is highly desired, but the quantity supplied is limited.?
suppose a...
Social Studies, 24.08.2019 00:30 lindasuebairdoyjpf7
Suppose a good or service is highly desired, but the quantity supplied is limited.?
suppose a good or service is highly desired, but the quantity supplied is limited. how does the competition among consumers affect profits for the selling firms?
a. firms are granted tax reductions if they are producing what consumers demand.
b. consumers bid up the price, which gives larger profits to the suppliers
.c. the opportunity cost of goods sold expands profitability.
d. competing consumers will form cooperative purchasing companies and pay extra.
Answers: 1
Social Studies, 22.06.2019 18:30
Name that largest artificial lake built in the 11th century
Answers: 2
Social Studies, 22.06.2019 19:20
The judicial system of courts derives its powers from what article of the constitution
Answers: 3
Social Studies, 22.06.2019 22:30
Which of the following do scientists believe about homo sapiens?
Answers: 1
Social Studies, 23.06.2019 04:10
List one personal value and explain why it’s important to you
Answers: 1
Social Studies, 23.12.2020 23:00
Mathematics, 23.12.2020 23:00
Mathematics, 23.12.2020 23:00
Spanish, 23.12.2020 23:00
Physics, 23.12.2020 23:00
Mathematics, 23.12.2020 23:00
Mathematics, 23.12.2020 23:00
Mathematics, 23.12.2020 23:00
Mathematics, 23.12.2020 23:00
History, 23.12.2020 23:00
Mathematics, 23.12.2020 23:10
Mathematics, 23.12.2020 23:10