2. briefly explain the law of supply. then, describe how production cost and the
presence of other sellers in the market influence the law of supply. give a brief
example of how each factor can influence supply. (4 points)
i
Answers
The law of supply states that all other factors are equal, as the price of a good or service increases, the number of goods or services that suppliers offer will increase, and vice versa.
If the production cost is high people will tend to shift toward another seller who is selling the Same good at a much lower price When the production cost will increase the other factor will also change and will affect the supply The presence of another seller will make a more competition between two sellers to earn more profit which may lead to an increase or decrease in the price of the good The number of suppliersThe state of technologyGovernment subsidiesWeather conditionsThe availability of workers to produce the goodHence it can be concluded that the Law of supply and demand are invisible hands in the market process which lead to inflation or deflation
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Related Questions
When demonstrating 2022 kicks’ confident handling, what should you point out while turning the steering wheel back and forth?.
Answers
When demonstrating 2022 kicks’ confident handling, one should point out that turning the steering wheel back and forth is -
swift reaction to steering inputThe Advanced Drive-Assist® Display's blue barshow flat the car remainsWhat is steering?
A driver can control the direction of a vehicle using a steering system made up of many pieces and linkages.
The steering system changes the steering wheel's revolution into a short-distance swivel of the road wheels by making the steering wheel's ring turn a great distance.
When demonstrating kicks confidential handling it is important to check the how smooth car works when turning the steering wheel back. It is also important to check the display blue bars and reaction to steering input.
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Are the Tea Party and Occupy Wall Street factions of the Democratic or Republican parties?
Answers
Within the Republican Party, the Tea Party movement was a politically conservative fiscal movement.
What is Republican Party?
The Republican Party, commonly referred to as the Grand Old Party (GOP), is one of the two main political parties in the United States, along with the Democratic Party.
Politically, Democrats and liberals are far more inclined to support the Occupy movement than Republicans and conservatives, who are much more likely to favor the Tea Party.
Basically, the Tea Party is the Republican parties.
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what level of owner's liability does a trespassing adult have?
Answers
The level of owner's liability that a trespassing adult has is: "Lowest level Liability" (Option D) See the attached for the full question.
What is a liability?Legally, liability refers to the condition of being responsible legally for an action that is detrimental to society or the state.
The above question explains the categories of liability to which a trespassing adult may be found guilty of.
Thus, it is right to state that the level of owner's liability that a trespassing adult has is: "the Lowest level Liability"
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Please Help ASAP: Match these items. Match the items in the left column to the items in the right column.
1. connotation gruesome; a fascination with horror
2. graphic art two-dimensional art forms such as drawing, engraving, etching and illustration in their various forms
3. macabre implying something else
4. metaphorical meaning something else
5. mysticism the implied meaning rather than the dictionary meaning
6. suggestive belief in direct communication with God
Answers
Answer:
Connotation: implied meaning rather than the dictionary meaning
Graphic art: two-dimensional art forms such as drawing, engraving, etching and illustration in their various forms
Macabre: gruesome, a fascination with horror
Metaphorical: mean something else
Mysticism: belief in direct communication with God
Suggestive: imply something else
Explanation:
I don't know if this is what you are asking for, but hope it helps!
What is the purpose of the safety lanyard on a pwc.
Answers
The purpose of the safety lanyard on a PWC is to reduces the risk of propeller strike and other injuries.
What is a safety lanyard?This is a device that connects the safety switch to the operator wrist or life jacket so that when the operator falls out of the vessel, it is pulled from the switch and the engine cuts off.
Hence, the main purpose of the safety lanyard on a PWC is to reduces the risk of propeller strike and other injuries.
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According to our textbook, the birth of the church to place in jerusalem at _____________.
Answers
Answer:
About 30AD to 65AD
Explanation:
The birth of the church took place on Pentecost(50th day after Easter) also called Whitsunday).
A boater is accompanied by a person at least 16 years of age. In michigan, what is the youngest age that this person can be and legally operate a boat powered by a motor of more than 35 hp?.
Answers
Answer:
12 years old
Explanation:
someone accompanied by a person at least 16 years of age has to be at least 12 years old to operate a motor more than 35hp
Which of the following is a limiting factor in a population of organisms?
1. Life spans of the members
2. Reproductive replacement
3. Availability of food
4. Fluctuation in atmospheric temperature
Answers
Answer:
Limiting factor in a population of organisms is (3) availability of food
Explanation:
Food, water, shelter and space can change animal and plant populations. These resource availability arguments propose that, because a diminishing amount of energy reaches upper trophic levels can't be passed down if looked at in a food web perspective
What was the first animated series produced for prime-time network television? tom and jerry.
Answers
Answer:
Incorrect
Explanation:
The correct answer is The Jetsons
Question 19 (Multiple Choice Worth 3 points)
(05.03 MC)
Four metals were kept in contact with each other. The table below shows the initial temperature of the metals.
Metal Initial Temperature
A
30 °C
B
42 °C
25 °C
с
D
From which metal will heat flow into all the other metals?
O Metal A
O Metal B
Metal C
16 °C
Metal D
Answers
Answer:
42 degree Celsius
metal B
Billy attends a training session that he enjoys tremendously. However, when he takes a knowledge test after the training, it is clear that he has not gained any new knowledge on the training content. In this example, the training demonstrated good results in terms of __________ criteria, and poor results in terms of __________ criteria
Answers
The training Billy attended demonstrated good results in terms of reaction criteria, and poor results in learning criteria, as per Kirkpatrick's Taxonomy.
Reaction and learning criteriaDonald Kirkpatrick developed four criteria with the purpose of assessing the efficacy of training or educational sessions or programs. They are the following:
ReactionLearningBehaviorResultsThe training session Billy attended demonstrated good results when it comes to reaction. That is supported by the fact that Billy enjoyed the session tremendously.
On the other hand, the session had poor results in terms of learning, since Billy did not perform well when he was evaluated. He did not gain new knowledge after the session.
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What holds the arches of the foot in position?
Answers
The arches of the foot is held in position as it is passively aided and actively held back by flexible tendons that tends to add to the weight bearing ability of the foot.
What holds the arches of the foot in position?The curvature of the arch is known to be held in place by the fibularis longus tendon, and it is often aided by the tibialis posterior tendon, that is seen both cross under the back or sole of the foot.
Therefore, The arches of the foot is held in position as it is passively aided and actively held back by flexible tendons that tends to add to the weight bearing ability of the foot.
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What is the only u. S. National park to bid for the winter olympics?.
Answers
Taylor works in the psychology department's rat lab. In her studies, she found that many of her lab rats would develop a conditioned taste aversion to certain foods after as little as one trial. Taylor's psychology professor refers to this as a classic example of __________.
Answers
The phenomenon that Taylor noticed in the rats in the psychology lab is called Biological preparedness.
What is biological preparedness?
This is the notion that people and animals are able to associate specific stimuli and the responses required of them in an inherent manner.
This is why the rats were able to develop the conditioned taste in such a little time. They were already biologically wired to.
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Ivonne was a blind child in a mainstream school system. her parents could not afford all the material things other kids had, but they provided unconditional love, support, and a strong sense of cultural identity. in doing so, her parents fulfilled ivonne's needs for and for:__________.
a safety, self-transcendence
b love and belongingness; esteem
c love and belongingness; safety
d self-actualization; self-transcendence
Answers
The correct alternative is letter b. Ivonne's parents met her needs for love, belongingness and esteem.
How to educate a child with special needs?It is essential that those responsible are attentive to the needs of a child who may have a diagnosis, providing medical assistance, medicines, therapies and personal care so that the child can have a quality of life and greater social and cognitive development.
Therefore, the family is the institution responsible for providing the love, belonging and esteem that a child with special needs for greater dignity and development.
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The ideology that rejected assimilation into white middle-class society and supported the creation of Black-controlled political and economic institutions was known as
Answers
The ideology that rejected assimilation into white middle-class society and supported the creation of Black-controlled political and economic institutions was known as the black power.
What was the black power?
In the 1960s and 1970s, a revolutionary movement called Black Power was born. Racial pride, economic empowerment, and the development of political and cultural institutions were all highlighted. The demand for Black history courses increased during this time, as did the acceptance of African culture and the growth of unfiltered artistic expression that reflected the experiences of African Americans.
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The hypoxic drive is influenced by:
Answers
The hypoxic drive is influenced by: low blood oxygen levels.
What is hypoxic drive?Hypoxic derive can be defined as respiration process or inhalation and exhalation process in which a person tend to make use of oxygen to breath rather than using carbon dioxide.
For a person to breath the person level of carbon dioxide inhale must be normal. A rise in the level of oxygen will tend to reduce respiration rate.
Therefore the hypoxic drive is influenced by: low blood oxygen levels.
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state 4 causes of high birth rate in Ghana
Answers
2. Higher ideal size for family.
3. Poverty.
4. Lack of education due to poverty.
The main three goals of philosophy include all of the following EXCEPT Group of answer choices to understand the individual ethics of those who participate in physical activity to better understand the world and our lives in it to understand the nature and value of physical activity, particularly in the form of exercise, sport, games, play, and dance to understand what a person is and the role that physicality and movement play in how we come to know ourselves and our world Flag question: Question 28
Answers
The main three goals of philosophy include all of the following EXCEPT:
To understand the individual ethics of those who participate in physical activity.
What is the Goal of Philosophy ?
The goal of philosophy is to examine the underlying concepts, principles, or assumptions in the area it is examining.
"Philosophy" is a compound of two Greek elements, namely, "philo," meaning "loving" and "sophia," meaning "wisdom." Philosophy, then, means the love of wisdom. The primary goal of philosophy courses, then, is to address some of those ultimate questions so as to enable to students to lead a more substantive and meaningful life.
Secondarily, philosophical reflection on the ultimate questions should lead to reasoned foundations conducive to support for human values; to an awareness of a duty to work for justice, compassion, and peace; and to the integrated and rich human life worth living, thus providing students the abilities and opportunities to be more responsible for the interdependent world in which they find themselves.
Thus , we can say that the correct option is : To understand the individual ethics of those who participate in physical activity.
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Which of the following mountain ranges is the accepted physical border between Asia and Europe?
Answers
The Ural mountain ranges accepted a physical border between Asia and Europe.
What are mountains?A high area of the Crust of the earth that typically has gentle slope with a substantial amount of bedrock exposed is referred to as a mountain. A mountain is larger than a hill and has a smaller top area than a flat.
The Ural mountain range divides Europe and Asia on a geographical basis. In addition to coal and semi-precious stones, they have abundant natural resources. This is also considered as the top region for manufacturing heavy and metallurgical goods.
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one form of public policy related to the death penalty
Answers
The Supreme Court has dominated that the death penalty does now no longer violate the Eighth Amendment's ban on merciless and uncommon punishment, Eighth Amendment covers procedural aspects as to when a jury might also additionally use the death penalty.
What is the death penalty?Capital punishment, additionally called the death penalty, is a state-sanctioned exercise of killing someone as a punishment for a crime.
The sentence order that a perpetrator is to be punished in one of these ways is called a death sentence, and the act of carrying out the sentence is called an execution.
Therefore, the Eighth Amendment covers procedural aspects as to when a jury might also additionally use the death penalty and the procedure to conduct it.
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What happens when the price of a good or service increases ?

A. Demand increases
B. Demand decreases
C. Quantity demanded increases
D. Quantity demanded increases
Answers
Explanation: when the price of goods and services are high ,the consumers will most likely not buy these products because consumers want a better bargain and may not be able to afford theses products or services
According to the law of demand, when the price of a good or service increases, the demand for such good or services decreases proportionately. Therefore, the option B holds true.
What is the significance of the law of demand?The law of demand is a basic law of microeconomics, which deals with the relation between the price and demand of a good or service in an economy. It states that price and demand of a good or service are indirectly in relation with each other.
According to this indirect relation between price and demand, one can easily come to a conclusion that if the price of a good or a service decreases, its demand increases and vice versa.
Therefore, the option B holds true and states regarding the significance of the law of demand.
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losing traction can cause your vehicle to ______.
Answers
Losing traction can cause your vehicle to skip or skid when braking like you are on an uneven road.
What does the loss of traction mean?The loss of traction means that a car no longer has its grip on the road. The loss of traction could be due to over braking which can lock the wheels.
When this happens, your car may have to start skipping on the road like you are driving on an uneven road.
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Who conducted investigations into communist activities within the federal government?
Answers
The person who conducted investigations into communist activities within the Federal Government was Senator Joseph McCarthy, which gave rise to the term, McCarthyism.
What is McCarthyism?McCarthyism is a derogatory term that refers to the practice of making unfounded accusations of treason, related to communism and socialism.
McCarthyism also connotes the use of unfair investigation methods and accusations of disloyalty or subversion without sufficient evidence.
During the period of McCarthyism, many federal workers lost their jobs or were questioned and imprisoned on surreptitious charges of being communist sympathizers or party members.
Thus, the person who conducted investigations into communist activities within the Federal Government was Senator Joseph McCarthy.
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In the thirteen original colonies, the southern colonies differed from the others because their economy
Answers
Answer:
primarily agricultural with few cities and limited schools.
Explanation:
nobody knows
Answer:primarily agricultural with few cities and limited schools.
Explanation:
Which is a way the Russian government is encouraging citizens to have more children?
It is removing birth control products from stores.
It is improving the health care system.
It is giving families with three or more children a mortgage credit.
It is promoting healthier lifestyles.
Answers
Russian government encourages its citizens to have more children by giving families with three or more children a mortgage credit.
What else was done by the Russian government?Its launched a new set of initiatives that was designed to boost the country's birth rate and also offering cash rewards and mortgage credit etc.
Hence, its encourages its citizens to have more children by giving families with three or more children a mortgage credit.
Therefore, the Option C is correct.
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In her research, Professor Kyoto seeks to identify mental biases that are likely to impede effective problem solving. Her research is MOST likely in the area of _____ psychology.
Answers
Professor Kyoto's research of identification of mental biases that impede effective problem-solving is in the area of cognitive psychology.
What is cognitive psychology?A study of psychology which deals with the research of interactions and relations between mind and behavior of a human being, is known as cognitive psychology.
The main area of focus and the goal of study of cognitive psychology is involves to provide proper reasoning, problem-solving and perception.
Hence, the significance of cognitive psychology is aforementioned.
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______ leadership is the process of bringing diverse groups together to achieve common goals.
Answers
Intergroup leadership is the process of bringing diverse groups together to achieve common goals.
What is intergroup leadershipIntergroup leader has the capacity of bringing many groups together and leading them successfully.
This groups come together to achieve a goal or task with each group having their designation.
Therefore, Intergroup leadership is the process of bringing diverse groups together to achieve common goals.
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The leadership process of bringing diverse groups together to achieve common goals is called intergroup leadership.
What is leadership?This is the ability of an individual or group of individuals to control or lead other people known as the followers.
Qualities of good leaders includes but not limited to: Honesty, Accountability, Transparency.
Intergroup leadership is a leadership which involves controlling different group of people to achieve a common goal.
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George miller proposed that about seven information bits constitutes the capacity of:
Answers
The proposal of seven bits of information by George Miller constituted the capacity of short-term memory.
Option C is the correct answer.
Who was George Miller?George Miller was the renowned psychologist who developed the concept of cognitive psychology.
Short-term memory defines the capability of a human being to store less information in his/her mind at one point in time. It is a psychological concept used to study the memory ability of humans.
The concept of seven bits of information being stored in the human mind is related to the short-term memory of adults who can accumulate only 5 to 9 items in one period of time.
Question's missing part:
The types of memory are as follows:
A) flashbulb memory
B) explicit memory
C) short-term memory
D) implicit memory
Therefore, short-term memory is the concept initiated by George Miller by stating the seven bits of information storage.
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George miller proposed that about seven information bits constitutes the capacity of short term memory
What is short term memory?Short term memory contains information that are only stored for a short while.
This information are easily retrieved by the individual and can be used for immediate purposes.
The information are usually not cumbersome but in bits to be easily retrieved.
Therefore, George miller proposed that about seven information bits constitutes the capacity of short term memory
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Leena's parents belong to the baby-boomer generation. As a result, they encourage her to explore her options before choosing a career. Her parents' friends, too, are highly optimistic and prosperous. In the context of social gerontology, the commonality of the attitudes of Leena's parents' generation most likely exemplifies _____. Multiple choice question.
Answers
The commonality of the attitudes of Leena's parents' generation most likely exemplifies the cohort effect, which is associated with time and experiences.
What is the cohort effect?The term cohort effect is used to refer to the common traits and behaviors shared by those who were born and lived through the same or similar:
LocationTime periodExperiencesAccording to the situation described in the question, Leena's parents as well as their friends are baby boomers. That means they show certain characteristics in common because of the experiences they shared growing up.
Suppose you and a friend of your were born in the same year and had to experience an economic recession during your teenage and young adult years. You will most likely present certain traits and behaviors in common, precisely because of the shared experience in life. That is the cohort effect.
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