Applying the Law of Supply
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Read the scenario, then answer the question.
A factory produces blue and green widgets at equal
production costs. In one day, the factory can make 20
widgets of either color. The factory has been making 10
blue and 10 green widgets per viay because both sell for
$5. Recently, the price of blue widgets has increased from
$5 each to $8 each.
How should the factory respond to the increase in price
of blue widgets?
O by decreasing the number of blue widgets produced
O by increasing the number of blue widgets produced
O by increasing the number of green widgets
produced
O by not changing the number of blue widgets
produced

Answers

Answer 1

Answer:

by increasing the number of blue widgets produced

Explanation: it's B

Answer 2

Answer:

B

Explanation:


Related Questions

Which of the following best explains
real GDP?
A. The amount of trading by the Stock Market.
B. The unadjusted GDP for inflation.
C. The increase in the federal funds rate.
D. The adjusted GDP for inflation.

Answers

Answer:

Option D, The adjusted GDP for inflation, is correct.

Explanation:

Option D is correct because the real gross domestic product (GDP) is a measure that accounts for the inflation and it exhibits the value of commodities that are produced in a given period of time and that are expressed in base year price or usually measured with constant price or constant dollars. However, the real gross domestic product (GDP) gives a more accurate assessment of the economic growth as compared to the nominal GDP.

What does the government have to do to enforce consumer-protection
regulations?
O A. lower tariffs
O B. oversee production
O c. avoid a budget deficit
D. break up monopolies

Answers

Your answer is B. oversee production.

The graph shows a point of equilibrium. A graph has Quantity supplied on the x-axis and price in dollars on the y-axis. A line that represents supply has a positive slope and a line that represents demand has a negative slope. The lines intersect at point (30, 9). Line P is drawn from the point of equilibrium to the y-axis, and line Q is drawn from the point of equilibrium to the x-axis.What does "Q” represent on the graph? the point where equilibrium is achieved the quantity at the equilibrium point the average cost of goods sold the point where supply and demand drop

Answers

Answer:

the quanity at equilirium point

Explanation:

Correct on edge 2020

Answer: The correct answer is B

Explanation:

1. Imagine this scenario: On Thursday, after your computer breaks, you order a new computer from Amazon to be delivered on Friday, paying extra so the computer arrives in time for your big presentation to the company President. If you mess this up, you will lose your job. Unfortunately, the computer does not arrive for ten days and you lose your job. What can you sue Amazon for? What promise did Amazon breach? 2. What contract provision (promise) could Amazon agree to that would make it liable for your lost job?

Answers

Answer:

I would sue amazon for not getting the delivery on time.

Explanation:

I would do this because the new computer i was supposed to get did not come, and if that happened to be I would be infuriated! In my opinion, I don't think amazon could do anything that would make it liable for my lost job. That job must have been a really important one. Hopefully this helps! ;) From, a 12 year old.

Which of the following is not covered under the fair labor standard act

Answers

Answer: 1. A maximum 40-hour workweek

              2. Child labor restrictions

Explanation: hope this helps u never put the options but give brainlist if it helps.. thx (:

next time be sure to add the options! have a nice day :)

Tony’s business has been struggling for a while. His marketing strategy has not worked with the consumers. His business has reached a stage where its market value is at an all-time low. Tony plans to sell his business. Gavin, an entrepreneur, has been interested in buying Tony’s business for a while. Currently, Gavin is in an ideal position to buy Tony’s business because it is (blank)

Answers

Answer: undervalued

Explanation: I took the test

What type of information system would a chain of theaters use to sell

tickets?

Answers

Answer:

transaction processing system

The  type of information system would a chain of theaters used to sell tickets is the transaction processing system.

What is the transaction processing system?

Transaction processing is a method of acting or calculation that breaks down the work into discrete, indivisible activities known as transactions.

A transaction processing system software collection that facilitates transaction processing.

It's the kind of information system that a theater chain might use to sell tickets.

Therefore, transaction processing system helps in completing the business.

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Lupe's recorded balance was off by $43, and she thinks that it’s because she made a mistake in her records. What mistakes did she make? Give your answer in the form of one or two complete sentences.

Answers

Answer:

In the wrong column, Lupe recorded her paycheck. She had forgotten to report one of her purchases too.

Explanation:

As we can see in the picture that Lupe recorded her paycheck in the wrong column.

Moreover, She had forgotten to report one of her purchases too.

By this mistake, Lupe recorded balance was off by  $43 and she thinks the same that she made a mistake while recording the transactions with respect to purchasing, deposits, paycheck, etc

The mistake that was made by Lupe was that she recorded her paycheck in the wrong column. She also forgot to report one of her purchases.

From the diagram, it can be seen that Lupe recorded her paycheck in the wrong column. This was the reason for the error made.

Even though she believed that her recorded balance was off by $43, and she thinks that it’s because she made a mistake in her records. It should be noted that she forgot to report one of her purchases too.

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Which of the following is true about career goals?

A.Goals are not actually things that can be measured to say whether they have been met or not.
B.Most goals should be so ambitious that it would be unlikely that you actually reach them. This will push you to achieve as much as possible.
C.They should usually be significant enough that they cannot be reached in one easy step.
D.They should not require a great deal of hard work to reach them.

Answers

Answer: They should usually be significant enough that they cannot be reached in one easy step.

Explanation:

Career goals should be significant enough that they cannot be reached in one easy step. The correct option is c.

What do you understand about career goals?

A career goal means the ultimate job that we aspire to throughout our careers. A career goal allows us to set ourselves an action plan or personal development plan to work towards to achieve our goals.

Career goals can be for a short term such as getting a promotion or certification and can be for a long term such as running our own business or being an executive of our dream company. It should be set as a reward so that it keeps us motivated in our careers.

Career goal is beneficial for us because it helps us to focus on what we want to achieve. It gives us something to aim for and steps to follow and progress to make.

In simple terms, a career goal is a target set by us.

Learn more about career here:

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What percentage of last month's income did you spend? How much more would you spend if you won a $1,000 lottery prize? Why might your average and marginal propensities to consume differ?

Answers

Answer:

I spent 60% of my last month income.

If I won a lottery of $1,000, I would save all of it.

In most cases, average and marginal propensities to consume changes with an increase in income.

 

Explanation:

The Average Propensity to Consume is the percentage split between income spent and income saved. Marginal Propensity to Consume is the additional increase or decrease in consumption when income changes.

The factors which influence APC and MPC are;

Consumer Confidence Index (CCI) - the degree to which a consumer believes in the performance of the economy. If the consumer believes that given the state of the economy, their financial prospects are secure, they will spend more. Some of the factors that positively influence CCI are:Increases in Disposable Income as a result of government activities and/or policies. Increase in disposable income from other sources

Cheers!

any help please ?????

Answers

Answer:

B. Quantity discount

Explanation:

Quantity discount can be referred to a strategy for enticing customers to make more purchases for an item being offered at a cheaper price per unit for bulk purchases.

In simple terms, a seller reduces the price per unit for an item, if a buyer is buying a certain bulk quantity of that item.

For example, if a pack of snacks is sold at $5 per unit for 1 purchase, the seller can decide to give incentive to customers in the form of quantity discount by proposing that anyone making a purchase of more than 5 units would pay $3 per unit instead if $5 per unit for 1 pack.

This is what is called quantity discount.

Sherry's teacher told her that she should schedule an informational interview with the mayor of her city. Which two questions would help her
meet her purpose of holding an informational interview?
How much money do you make as the mayor of our city?
When were you elected mayor of our city, and how many years have you served?
What experience did you obtain before being elected?
Who else do you know in this career field that I could speak to about this career?
How many people live in our city, and when do you hold meetings with community members?

Answers

Answer: Who else do you know in this career field that I could speak to about this career?

What experience did you obtain before being elected?

Explanation:

Informational interview is the interview which is conducted to obtain information from the celebrities, politicians, and other important people to understand and learn about the strategies and planning they are gone through with in their career.

Informational interview can also be defined as a kind of meeting in which the potential job seekers get career advice.

Here, Sherry is going to obtain the career advice from mayor. Thus she will ask question related to mayor's career.

She can ask about the prior experience of mayor in politics or any other field before he was elected. She can also ask about who else she can talk related to this career for better understanding.

Answer: C and D

I did the test

Keeping in mind the three types of schools in the United States, what kind of school is Neha attending? Neha is in high school. She attends a Catholic school. Her parents pay a small tuition for her education. Neha’s Catholic classmates have to take a Religion Studies class. As Neha is Hindu she gets a library period when these classes are held. Neha attends a(n)_______ school. fill in the blank please

Answers

Answer:

Private school

Explanation:

Neha attends a private school as she has to pay a certain maount despite it being little, for tuition. Private schools are run from funds gotten through tuition, endowments, gifts, etc Thsis isn't the case with public schools as the government at any level is responsible for fundiing of the schools.

Also, the school is a catholic school. This means that Neha's school has affiliations with the catholic church. This is something that isn't possible with public schools.

Cheers.

Credit tends to cost individuals more than paying in cash.
O True
O False

Answers

False, those who pay off their credit balances in full each month and avoid the finance and interest charges are known as convenience users.

false

the difference in the bid amount between the cash and credit card groups is directly affected by their subconcious willingness to pay more when using that payment method.

What are some benefits of voluntary exchange? What are the responsibilities?

Answers

Answer:

The principle or model of voluntary exchange assumes that people will act based on self-interests. This is an important component of a healthy economy. If individuals in a market economy do not feel that they will benefit from the exchange, they would not be willing to make it.

Hope this helps!

What is an industrial good?
A A scarce good with a high price
B. A good that is marketed using price competition
C. A good that is purchased by a business for producing other products
D. A good that is purchased for personal use

Answers

Industrial goods are materials used in the production of other goods, while consumer goods are finished products that are sold to and used by consumers. ... They are made up of machinery, manufacturing plants, raw materials, and any other good or component used by industries or firms. In economics, goods are items that satisfy human wants and provide utility, for example, to a consumer making a purchase of a satisfying product. A common distinction is made between goods which are transferable, and services, which are not transferable.

Answer:

Simpler terms for those who dont like to read it's C  

Explanation:

The more money invested in the government, the less money available for businesses, home loans, and other investments True False

Answers

Answer:

Well, I think the right answer is: True. Because, I think the government have more money than us, Which it can damage businesses, home loans, and investments too. The more the government take money out the more businesses, home loans, and investments can go slower too. Which it can be ruin too.

Hope This Helps!!~

Have a Great Day!!~

The valuation you have of yourself is known as

Answers

Answer:

self-esteem

Explanation:

self-esteem is how you value yourself

Answer:

self-esteem

Explanation:

Your friend Cameron just bought a top-of-the-line mountain bike and paid with cash. He listed his old one online. A buyer expressed interest in the bike and while they were talking, you heard Cameron describe the old bike as “like new.” You know the bike’s front-wheel fork once snapped and had to be welded. With new paint, the weld is invisible. The buyer passed on the bike. What do you do? Do you talk to Cameron about lying to a potential buyer

Answers

Answer:

yes this is called scamming and is illegal even if you werent the seller you were still involved so you will go down to the best idea is to confront them and tell them what they are doing is wrong

Explanation:

It is the right of the Buyer to have full information about the product, and it is the duty of the seller to give the detail information.

Buyer and Seller duty

Laws are clear about the duties and responsibilites a Buyer and Seller has, if someone does not obey these rules he or she will have to pay the compensation to the aggrieved party.

From the above statement, we can say that Cameron should have given all the information about the bike to the buyer. And I will say him that he did not obey to Law, therefore he should give compensation to the buyer.

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