Sellers expect the price of a good to rise in the near future. How will this affect the current supply of the commodity. No need of diagram. Just theoritical explaination required.
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Sellers expect the price of a good to rise in the near future. How will this affect the current supply of the commodity.
No need of diagram. Just theoritical explaination required.
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With the aid of diagrams, evaluate why the price of commodity may increase using
by Bartleby Expert- I need handwritten only with explanation Which of the following does not have an immediate effect on the price of oil ? Group of answer choices Political tensions in the Middle East. Discovery of the new deposits of oil. Increase in efficiency in the automotive industryThe post should be of 200-300 words Should a business owner always sell products at the equilibrium point of the supply and demand curves? Why or why not? Give insightful and well thought-out responses to support your claim.Answer the given question with a proper explanation and step-by-step solution. A severe drought in a region known for producing oranges has led to a drop in the number of oranges that can be produced and supplied to supermarkets.How does this event affect the supply of oranges? A. A movement up along the supply curve. B. A movement down along the supply curve. C. A leftward shift in the supply curve. D. A rightward shift in the demand curve.
- Due to several supply-chain issues the price of computer chips has risen in recent months (this part is true and there is no need to prove it to be so). The result of this change would be to increase the price of automobiles that require many computer chips in their manufacture.Explain why above statements is True, False, or Uncertain according to economic principles. Use diagrams where appropriate.A survey by Namibian statistics agency indicated that kapana is Namibian favourite. For the following, graphically indicate the possible effects on demand, supply or both as well as equilibrium quantity of kapana (a) New technology that lower cattles cost of producingWhat is the law of demand? A) As the price of a good increases, its demand decreases B) As the price of a good increases, its demand increases C) Demand remains constant regardless of price changes D) Demand is directly proportional to supply Don't use chatgpt otherwise give 20 downvotes Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.
- Question 1 When supply of a good is a fixed quantity, its price is said to be supply-determined. True False Question 2If the shopper would assume that the value of the glutathione will upsurge on the upcoming days, it will result to Select one: a. Decrease in supply in the next period b. Decrease in demand in the next period c. Increase in supply in the current period d. Increase in demand in the current periodToday, producers changed their expectations about the future. This change a. can affect today's supply. b. can affect future supply, but not today's supply. c. cannot affect either today's supply or future supply. d. can cause a movement along the supply curve.
- Three shifts of supply and demand are shown. Your task is to match them with the events listed in the texts.use verbal and graphical analysis to demonstrate the outcome. What will happen in the market for corn if a new crop rotation technique is discovered that allows corn to be grown more easily and the price of green beans, a substitute, decreases?A decrease in the demand for chocolate with no change in the supply of chocolate will create a _____ of chocolate at todays price, but gradually the price will _____.