Business
15.02.2021 22:15
177
206
9
Solved by an expert
According to the law of supply, if the price of pencil increased, everything else
According to the law of supply, if the price of pencil increased, everything else held constant
1) the supply of pencil would decrease
2) the quantity supplied of pencils would increase
3) the demand for pencils would increase
4) the supply of pencils would be unchanged
Show Answers
1) the supply of pencil would decrease
2) the quantity supplied of pencils would increase
3) the demand for pencils would increase
4) the supply of pencils would be unchanged
chumreaper2002
4,6(55 marks)
2) the quantity supplied of pencils would increase
Explanation:
Law of supply: The law of supply deals with the price and quantity supplied ย and other things remain constant.
It shows a direct relationship between the price of goods and the quantity supplied of a goods, that means when the price of pencil increased, then the quantity supplied of pencil would be increased.
All other options are incorrect, except 2nd option
cjtambasco
4,7(44 marks)
Share is the capital of the company, but Debenture is the debt of the company. ... The income earned on shares is the dividend, but the income earned on debentures is interest. The payment of dividend can be made only out of current profits of the business and not otherwise.
Explanation:
Popular Questions about the subject: Business
OK, WHO EVER IS IMPOSTER YOU BETTER TELL US NOW :[ A) It s TOTALLY ME!!! B) It...
Business
19.04.2021 13:27
Company X paid Company Y $1.85 million for a new plant. During the same accounting...
Business
25.11.2020 11:50
An investor has researched financial information for Fried Chicken Corporation...
Business
08.01.2023 07:56
Aggregate demand and aggregate supply analysis suggests that, in the short run,...
Business
11.06.2021 03:53
Reflect: Sexuality affects people through defining who they are and how they express...
Business
29.02.2020 14:32
How can you help your gf change to be happy?...
Business
08.05.2021 15:45
Cashapp: $DrippyOP help a brotha out...
Business
02.08.2020 11:20
What is the magnitude of the force with which one block acts on the other?...
Business
13.03.2023 23:23
How would a businessperson be most likely to use seed capital? A. To purchase...
Business
20.09.2020 10:50
New questions by subject
What does lady bracknell accuse miss prism of having done twenty-eight years ago?...
English
05.05.2021 16:08
Which childhood disease causes infantile paralysis...
Health
08.12.2021 02:59
Why was the tenth admendment added to the bill of rights...
History
15.01.2021 03:19
Before the constitution was even written, two parties emerged vying for a direction...
History
04.02.2023 06:07
With last equation i don t understand at !...
Physics
17.02.2020 16:02
Who can me with number 12 and 14 ?...
Mathematics
28.08.2022 09:57
As secretary of state, john quincy adams a. negotiated a treaty with great britain...
History
22.11.2022 18:15
A4-digit password is a number that begins with a 3 and does not contain a zero...
Mathematics
09.02.2021 05:49
What is the length and width of the rectangle below...
Mathematics
12.10.2022 13:51
All the chemical reactions that occur in the body cells are collectively known...
Biology
31.03.2021 05:43
Find out answers to questions
from an AI-bot
from an AI-bot
Get full access
Answers
