William is a self-employed builder living in Wellington. On 1 January 2022, William inherited a generous sum of money from his grandmother.
Some of this money was used to purchase real estate.
He bought a house in Kelburn on 1 February 2022, for $2,500,000, to live in.
He lived there for 5 months and rented it out when the adjoining Neighbours commenced development of their section, as he found the construction noise unbearable.
The tenants stayed for 1 year.
William sold the house on 1 July 2023 for $2,700,000.
He also purchased a city apartment for his brother Harry,
who was studying at a university in Wellington, for $950,000 on 1 March 2022.
William spent around $150,000 on a new bathroom and kitchen for the apartment.
William undertook most of the labouring work himself, which he valued at $40,000.
Harry decided not to continue with his university studies and moved to Las Vegas at the end of 2022.
The apartment is sold for $1,000,000 in January 2023.
The transactions of the purchase of the Kelburn property and the city apartment are both subject to tax under the New Zealand Taxation Act, 2007.
The gain derived from the sale of the Kelburn house will be taxed as capital gains,
while the income derived from the renting of the Kelburn house and the sale of the city apartment will be taxed as income tax.
The income tax applies to all income derived by individuals, including those from self-employment, property, and investment income.
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how much does it cost to install 1000 square feet of hardwood floors?
Answer:The average cost to install hardwood floors on 1,000 sq. feet is between $6,115 and $10,140 with most homeowners spending about $8,127 for materials and professional labor.
Explanation:
Drag each tile to the correct box.
Arrange the steps in designing an ad campaign for an energy drink.
Answer: step 1: establish purpose as boosting recall by placing the product as a health drink.
Step 2: calculate expenses required to shoot a commercial endorsed by a celebrity.
Step 3: differentiate product as a healthy non-caffeinated stimulant.
Step 4: generate interest through online contests and promotions.
Step 5: conduct recall tests and analyze consumer feedback.
Explanation:if you are on Edmentum this is the answer.
If an engine has a Base Timing of 10° BTDC, but is currently firing at 5°, which is it
Based on the principle of starting engine, the correct answer is turbocharged engine
Turbocharged engineStarting a turbocharged engine, the timing is reduced to compel the peak starting pressure later in the combustion stroke.In conclusion, we can conclude that the correct answer is turbocharged engine.
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On May 1, Doormart received an order from a customer. The goods were shipped FOB shipping point on May 3. The customer received the goods on May 5 and paid for the merchandise on June 1. When should Doormart record the sale
Based on the information given Doormart should record the sale on May 3.
Free on Board Shipping PointDoormart should record the sales on the day in which the goods were shipped FOB shipping point.
Based on the information given the day in which the goods were shipped FOB shipping point was May 3.
Reason being that buyers tends to take the delivery of the goods, once the goods has be shipped by the seller or once the goods has leave the seller shipping point.
Inconclusion Doormart should record the sale on May 3.
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which one of these is an example of a necessary debt
Answer:
An example of unnecessary debt is when you change your clothes and don't really need on a high-interest score. Thus option C is correct.
What is unnecessary debt?
An unnecessary debt can be caused by a variety of issues such as expensive life events, having children, or moving to a new house. It may also be due to poor money management. The debt is due to those things that are not needed and hence are unnecessary.
Explanation:
Which term describes the type and number of competitors' job openings when looking at supply and demand within HR?
Answer:
External labor demand
Explanation:
Human resources management (HRM) can be defined as an art of managing, controlling and improving the number of people (employees or workers), functions, activities which are being used effectively and efficiently by an organization.
Hence, human resources managers are saddled with the responsibility of recruiting, managing and improving the welfare and working conditions of the employees working in an organization.
External labor demand is the term which best describes the type and number of competitors' job openings when looking at supply and demand within human resources (HR).
Basically, an external labor demand gives a description of the number and type of employees that are required by a rival company in the same industry.
beverly company has determined a standard variable overhead rate of $3.80 per direct labor hour and expects to incur 0.50 labor hours per unit produced. last month, beverly incurred 1,600 actual direct labor hours in the production of 3,300 units. the company has also determined that its actual variable overhead rate is $2.40 per direct labor hour.
Direct labor refers to the salaries and wages paid to people that can be without delay attributed to precise services or products. It consists of the price of normal running hours, beyond regular time hours labored, payroll taxes, unemployment tax, Medicare, employment insurance, and so on.
1.Variable Overhead rate Variance = real Hours *(real rate - trendy fee) = 1600*(2.40 - 3.80) = 2240 (F)
2.Variable Overhead efficiency Variance = wellknown fee*(real Hours - fashionable Hours) = three.80*(1600 - .five*3300) = a 190 (F)
3.Over- or Underapplied Variable Overhead = actual Overhead Incurred - Overhead applied = 1600*2.forty - 3300*.5*3.80 = 2430 (Overapplied)
Direct labor value is part of a salary invoice or payroll that may be specially and continually assigned to or related to the manufacture of a product, a selected paintings order, or the provision of a provider.
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Pilar Perez makes time and a half for hours over 40. How much additional pay
would she earn if she worked 65 hours?
Based on the amount that Pilar Perez makes in 40 hours, the additional pay she would earn if she worked 65 hours is $1,367.88.
How much would Pilar Perez earn?The amount that Pilar Perez earns per hour for 40 hours is:
= 17.65 x 40
= $706
Every hour over 40 hours is a time and a half so Pilar Perez makes:
= (65 - 40) x (17.65 x 1.5)
= 25 x 26.475
= $661.88
Total amount Pilar Perez makes is:
= 661.88 + 706
= $1,367.88
First part of the question is:
Pilar Perez is a truck driver. she earns $17.65 per hour
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A supermarket building was purchased for $567,000. The down payment was 12%. The balance was financed at 7.97% for 25 years. Find the montly payment is
The monthly payment for the supermarket building is approximately $3,667.63. To find the monthly payment for a supermarket building, the following formula: Monthly payment = P[r(1+r)^n/((1+r)^n)-1)]
we will need to make use of the following formula: Monthly payment = P[r(1+r)^n/((1+r)^n)-1)]
where P = the principal,
r = the interest rate per month, and
n = the total number of months.
We will calculate the values of P, r, and n using the information provided in the problem statement:
Down payment = 12% of $567,000 = 0.12 × $567,000 = $68,040
Principal = $567,000 − $68,040 = $498,960
Interest rate per year = 7.97%
Number of years = 25Number of months = 25 × 12 = 300To convert the interest rate per year to the interest rate per month, we will divide by 12:
Interest rate per month = 7.97% ÷ 12 = 0.6642% Plugging in these values into the formula, we get:
Monthly payment = $498,960[0.006642(1+0.006642)^300/((1+0.006642)^300−1)]
Monthly payment = $3,667.63.
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What are the equilibrium price and quantity of yo-yos?
Price Qd Qs
$1 100 10
$2 80 35
$3 60 60
$4 40 85
$5 20 110
Pages 839-845 in Sowell Basic Economics 5th edition discussing forecasting, government intervention, and Keynesian economics. Discuss, from the point of economic forecasting, what you think would happen to airline stocks and operating costs if we adopted a method where the government intervened when demand for air travel dropped. Provide a hypothetical revenue example based on data now, and what you think would happen with prolonged intervention. Also, briefly address the point that from a manufacturing perspective, isn't this how Airbus maintains its operating success?
If the government were to intervene when the demand for air travel dropped, it could potentially have various effects on airline stocks and operating costs. Here's a hypothetical scenario:
Government Intervention and Airline Stocks:
When the demand for air travel drops, the government could implement policies to provide financial support to airlines. This support could come in the form of subsidies, low-interest loans, or direct capital injections.
Such interventions may help stabilize airline stocks initially, as the market perceives government support as a positive signal. Investors may expect that the government's assistance will help airlines weather the downturn and maintain their financial viability.
However, the long-term impact on airline stocks would depend on the effectiveness and sustainability of government intervention, as well as other factors such as the duration and severity of the decline in demand for air travel.
Government Intervention and Operating Costs:
Government intervention could potentially lead to increased operating costs for airlines. If the government provides financial support, it may come with conditions or requirements that airlines must fulfill, such as maintaining a certain level of employment, meeting specific safety standards, or implementing environmental regulations.
These additional requirements may increase the operating costs for airlines, which could have implications for their profitability and financial sustainability.
Hypothetical Revenue Example:
Let's consider a hypothetical example based on current data: Suppose Airline X's revenue before the intervention is $1 billion per year. Due to a significant drop in demand, their revenue declines to $500 million per year.
With government intervention, the airline receives financial support that helps cover part of its operating costs and sustain operations. As a result, the airline's revenue increases to $700 million per year, but it remains below the pre-intervention level.
Prolonged Intervention:
Prolonged government intervention can have both positive and negative consequences:
Positive: It may prevent immediate bankruptcies and job losses in the airline industry. The support can provide stability during economic downturns and allow the industry to recover once demand improves.
Negative: Prolonged government intervention can create dependencies and distort market mechanisms. It may discourage airlines from adapting to changing market conditions and hinder innovation. Additionally, the cost of long-term interventions could pose a burden on taxpayers.
Regarding the point about Airbus, it is true that government intervention has played a role in Airbus's success. Airbus is a European consortium, and its success can be attributed in part to government support in the form of loans, grants, and research and development funding. This support has helped Airbus compete with its main rival, Boeing, which also receives government contracts and support in various forms. However, it is worth noting that the dynamics of the aviation industry are complex, and factors such as technological advancements, market demand, and competition also play significant roles in determining success.
It's important to remember that the specific outcomes of government intervention in any industry can vary based on the details of the intervention, market conditions, and a range of other factors. Economic forecasting in this context would require a comprehensive analysis of the specific policies, their implementation, and the broader economic environment.
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Sam works in a multinational company in food processing industry. He reports to two managers: functional manager and product manager. The functional manager is his marketing department manager while the product manager is in charge of the canned food division. The company also has matrix managers who help sort out conflicts and problems between functional managers and product managers. Which of the following is true about the case?
a. Simple matrix.
b. Complex matrix.
c. All of the above.
d. None of the above.
The correct answer is b. Complex matrix.Sam works in a multinational company in the food processing internationalization industry and reports to two managers: functional manager and product manager.
The functional manager is his marketing department manager, while the product manager is in charge of the canned food division. The company also has matrix managers who help sort out conflicts and problems between functional managers and product managers.
The situation describes a complex matrix. In a complex matrix organization, the product or project managers work with, negotiate with, and manage the functional department managers of the employees who are assigned to their projects, which requires balancing of conflicting demands and priorities of the functional and project management structures. The combination of the two management styles complicates the organizational structure, as each manager has their own goals and objectives that they prioritize in their management approach. The correct answer is b. Complex Matrix.
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Please help. I will mark you as brainliest !!!
How does the value of the cars produced by the Japanese company within the United States
impact the United States' Gross National Product (GNP), and why?
1. How did Globalization challenge the Global North-Southdivide?2. Describe the relationship between Globalization and the riseof transnational crimes and terrorism?Profile of the Regional Econ
1. Globalization has challenged the traditional Global North-South divide in many ways. 2. Globalization has been closely linked to the rise of transnational crimes and terrorism.
The ways in which globalization has affected Global North-South are:
Firstly, it has facilitated the growth of new economic powers such as China and India, which were previously considered part of the Global South. This has disrupted the existing power dynamic and challenged the dominance of traditional Global North countries. Secondly, globalization has facilitated the flow of information and communication, which has enabled greater awareness of global inequalities and injustices. This has led to increased demands for social and economic justice from marginalized communities in the Global South. Lastly, globalization has also led to the spread of Western culture and values, which has challenged the traditional cultural and religious practices of the Global South.2. Globalization has been closely linked to the rise of transnational crimes and terrorism. The increased flow of people, goods, and information across borders has created new opportunities for criminal activities such as drug trafficking, human trafficking, and cybercrime.
Transnational criminal organizations have taken advantage of globalization to establish complex networks that operate across multiple countries and jurisdictions. Similarly, globalization has also enabled the spread of extremist ideologies and facilitated the recruitment of individuals for terrorist organizations.
The globalized nature of these threats has made it difficult for traditional law enforcement and security measures to be effective, highlighting the need for greater international cooperation and collaboration.
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If the price of a car is $3,500 with a 6% tax, and the percent of the down payment is 10%, what is the total amount of money you'll need to pay for the car? (total loan)
Based on the price of the car and the percent down payment, the total amount of money that you'll need to pay for the car is $560
What amount would you pay?The down payment on the car is:
= 3,500 x 10%
= $350
The tax on the car is:
= 3,500 x 6%
= $210
The total amount you'll need to pay for the car is:
= 350 + 210
= $560
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Enterprise project management softwares are also known as _____ tools of project management software. group of answer choices
Enterprise project management tools or software are also known as high-end tools of project management software. While the other options such as baseline, midrange, and low-end are incorrect because these are not used at the enterprise level.
Project management tools or software generally classified into three categories are process management software, time accounting software, and project management software. Selecting the desired category of software depends on the organization structure or project complexity. However, larger enterprises use high-end project management software.
An example of high-end project management software is Primavera Project Planner which is also called P3. The high-end project management tools or software include the features of mid-range project management software.
While the other options are incorrect because:
Mid-range Project management software generally has better tracking and output capabilities, and better scheduling functionalities, but it is more costly than low-end tools. The best examples of these tools are Project Scheduler and CA-SuperProject. Low-end project management mostly has scheduling functionality or features but has less robust tracking functionality. Some examples of low-end project management tools or software are MS-Project SureTrak etc. It is less costly than mid-range software. While the baseline is a term that is used as starting point in project management.You can learn more about project management software at
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What does a credit score provide to lenders?
Group of answer choices
A person's credit risk
A person's credit history
A person's credit application
A person's credit interest
Answer:
I believe the answer is credit history, please let me know if I am wrong.
Explanation:
"'A credit score is a number lenders use to help them decide how likely it is that they will be repaid on time if they give a person a loan or a credit card.'' Your personal credit score is built on your credit history.'' Your FICO® Score☉ ranges from 300 to 850."
Answer: A person’s credit risk
Explanation:
Arkansas permit test?
Answer:
Arkansas Fines and Limits Permit Practice Test
To take your knowledge exam, you'll need to pay a $5 testing fee, as well as a $40 license fee if you pass.
25 questions. The Arkansas knowledge test, which you must pass to get your learner's permit, has 25 questions. You must correctly answer 20 of them. If you fail the knowledge test, you can re-test in five days.
Type the correct answer in the box. Spell all words correctly. Which tralt represents the ability to find solutions and achleve goals, even with limited resources? is the ability to find solutions and achleve goals, even with limited resources, by thinking creatively and coming up with alternative Ideas. Reset Next
Answer: This would be the characteristics of the trait motivation
Explanation:
Motivation is the ability to find solutions and achieve goals, even with limited resources, by thinking creatively and coming up with alternative ideas. Hope this helps
Motivation is the trait that represents the ability to find solutions and achieve goals, even with limited resources, by thinking creatively and coming up with alternative ideas.
What is motivation?Motivation is the cause of a behavior's initiation, continuation, or termination in humans and other animals at a certain time. Motivational states are frequently interpreted as internal forces that produce a disposition to participate in goal-directed activity in the agent. Different mental states are said to compete with one another, and only the strongest state can determine behavior.
The word "motive," which refers to a person's needs, wishes, wants, or drives, is the root of the word "motivation." It is the process of inspiring people to act in order to accomplish a goal. In the context of career aspirations, psychological factors influencing people's behavior may include a desire for money.
Therefore, the trait that represents the ability to find solutions and achieve goals, even with limited resources is called motivation.
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.. If two variables have a direct relationship on a graph, it indicates that
A. both variables are not related.
B. as one variable rises, the other variable falls.
C. both variables are moving in the same direction.
D. as one variable rises, the other variable is constant.
Answer:
Option C. Both variables are moving in the same direction.
Explanation:
The reason is that in the direct relationship, the variables move in the same direction which means if one of the variable increases then the other will also increase and vice versa. So the only option that satisfies this condition is option C.
(100 POINTS)How much money will i make my first week from dropshipping
Cash is an _____.
A) asset
B) expense
C) none of the above
(question is from small business entrepreneurship A)
A. Asset
Explanation:
-asset is a useful or valuable thing
which of the following observations helped darwin agree with lyell that earth was more than a few thousand years old?
Observations that influenced Darwin's agreement with Lyell about Earth's antiquity include geological evidence and the slow pace of evolutionary changes in species. These helped him conclude that Earth must be much older than a few thousand years.
Darwin was deeply influenced by Lyell's "Principles of Geology," which suggested that the geological features of Earth took millions of years to form. Furthermore, Darwin's observation of finches in the Galapagos Islands revealed small, incremental changes in their beak shapes, implying that significant evolution must have taken a substantial amount of time. This slow pace of evolutionary change aligned with Lyell's assertion that Earth is far older than traditionally believed, thus reinforcing the idea of deep geological time and paving the way for Darwin's theory of evolution by natural selection.
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ABC Co. acquired equity securities on May 25, 2020. The acquisition did not result in significant influence over the investee company. The fair value of the investment at December 31, 2020 was $76,000 and $108,000 at December 31, 2021.The adjustment to the Fair Value Adjustment account at December 31, 2021 would be?
The fair value adjustment for the investment in equity securities acquired by ABC Co. on May 25, 2020 should be adjusted to $108,000 at December 31, 2021.
This adjustment recognizes the increase in the fair value of the securities since acquisition. The adjustment will be posted to the Fair Value Adjustment account and will have a credit balance. This credit represents the unrealized gain on the investment at December 31, 2021.
Fair value accounting is used when investments are acquired without significant influence over the investee company. Under fair value accounting, investments are adjusted to fair value each period, with the resulting gains or losses reported in the income statement. The adjustment to the fair value of an investment at the end of the reporting period represents any change in the fair value of the securities since the time of acquisition.
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The marginal physical product of labor is Group of answer choices the slope of the total output curve at the relevant point. the negative of the slope of the total output curve at the relevant point. the slope of the line connecting the origin with the relevant point on the total output curve. the negative of the slope of the line connecting the origin with the relevant point on the total output curve.
Answer:
The slope of the total output curve at the relevant point.
Explanation:
A marginal physical product can be defined as the extra output which is being generated by using an extra input. This ultimately implies that, marginal physical product of labor refers to the change in the level of output that is generated from using an additional unit of labor.
Mathematically, marginal physical product of labor is given by the formula;
Marginal physical product of labor = ΔY/ΔL
Where, ΔY is the change in total physical output.
ΔL is the change in labor.
In the short run, when the number of workers are increased it would result in a diminishing marginal product with respect to the law of diminishing marginal returns.
The marginal physical product of labor is the slope of the total output curve at the relevant point.
For instance, if brainly producing 50 answers decides to employ one more tutor and is then able to produce 55 answers, the marginal physical product of labor is simply 5.
A _______________ guarantees that if the contract owner of a variable annuity dies prior to annuitization the beneficiary will receive at least as much from the variable annuity as the owner paid in premiums.
Answer:
Guaranteed Death Benefit
Explanation:
A guaranteed death benefit may be defined as a benefit term which guarantees that a beneficiary will surely receive a \(\text{death benefit}\) if the annuitant expires or dies before the annuity begins paying the benefits.
It is a safety net where when the annuity dies while making the payments or the contract is in the accumulation phase.
Variable annuity is defined as an agreement or a \(\text{contract}\) between a person and the \(\text{insurance company}\), under which the \(\text{insurer agrees}\) to make \(\text{periodic payments}\) to the person, beginning either immediately or at some future date.
Thus, \(\text{Guaranteed Death Benefit}\) guarantees a beneficiary to receive payments from the variable annuity which is guaranteed by the Guaranteed Death Benefit when the contract owner of the variable annuity dies before annuitization.
What are the goals of government regulation?
low unemployment, price stability,
economic growth
O high unemployment, price instability,
economic growth
low unemployment, price stability,
economic steadiness
O high unemployment, price instability,
economic steadiness
Answer: A) low unemployment, price stability, economic growth
Explanation: Government regulation attempts to promote growth, full employment, and price stability for the well-being of the citizens
The goals of an ideal government while making regulations shall include the following purposes,
low unemployment, price stability,economic growth.Therefore, the option A holds true.
What is the significance of government goals?The goals of a government can be referred to or considered as the qualitative and quantitative targets set by the government in order to foresee better conditions in the future. These are backed by economic plans and regulations.
For a developing or a developed government, the goals must be economically based while being regulated. These goals must include reduced poverty and unemployment in order to achieve a healthy economic growth.
Therefore, the option A holds true and states regarding the significance of the goals of a government.
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The current price of a stock is $35, and the annual risk-free rate is 3%. A call option with a strike price of $31 and with 1 year until expiration has a current value of $7.46. What is the value of a put option written on the stock with the same exercise price and expiration date as the call option? Do not round intermediate calculations. Round your answer to the nearest cent
In financial terms, a put option gives the holder the right, but not the obligation, to sell an underlying asset (the stock) at a specified price (strike price) within a specified time period (expiration date).Given that the current price of the stock is $35 and a call option with a strike price of $31 and 1 year until expiration has a current value of $7.46. The first thing to do is to calculate the price of the stock if the risk-free rate is not present:
Stock price without risk-free rate= $7.46 + $31 = $38.46Price of the stock after one year= $38.46 × e 0.03= $39.61The holder of the put option will want to sell the stock at the highest price possible. If the stock price falls below the strike price, then the holder of the put option will benefit, which is why the holder would want the stock price to decrease. On the other hand, the writer (seller) of the put option will want the stock price to increase.
In this case, the holder of the put option has the right to sell the stock at the strike price of $31. Thus, if the stock price falls below $31, then the holder will benefit from the put option. We can thus deduce that the put option will be exercised if the price of the stock falls below $31, i.e., if the price of the stock is less than $31.
In this case, the put option is in the money. If the price of the stock is greater than $31, then the holder will not exercise the option since it would be cheaper to sell the stock at the market price than to sell the stock at the strike price of $31.
To calculate the value of the put option, we must first calculate the probability that the stock price will be less than $31.P(Price of stock < $31) = e[(-3% + σ²/2) + σ √1]= e[(-3% + 0.20²/2) + 0.20 √1]= e[0.038]= 1.039Thus, the value of the put option is:Value of put option = $31 × e-0.03 × (1.039) - $35 × e-0.03×(1)= $3.53The value of the put option is $3.53.
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why does canada require a system for currency exchange?
The Bank "sterilizes" its purchases by redepositing the same amount of Canadian-dollar balances into the financial system, ensuring that its purchases do not remove money from circulation and lead to a shortage of Canadian dollars, which may increase the pressure on Canadian interest rates.
How do you define money exchange?A licensed company called a currency exchange enables consumers to swap one currency for another. A teller station, which can be found at a variety of locations including airports, banks, hotels, and resorts, is where actual money (coins and paper bills) are typically exchanged. Trading in different national currencies or units of account is referred to as foreign exchange. It is significant because the value of one currency in relation to another, or the exchange rate, influences the economic health of a country and, consequently, the welfare of all its citizens.Money is a form of exchange used to buy and sell goods and services.To learn more about Canadian dollars, refer to:
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other things constant, how will an increase in the wages of teenagers affect the market for fast food hamburgers?
With all else remaining constant, a rise in teens' income will have an impact on the market for fast food hamburgers by increasing the supply and lowering the cost of hamburgers.
How does the pricing change when the supply increases?While all other factors remain constant, an increase in supply will cause the equilibrium price to fall while increasing the amount required. Due to a decrease in supply, the amount sought will decrease, raising the equilibrium price.
When demand is constant, the connection between prices and supply for products and services is inverse. When the supply of those goods and services increases while the demand for those goods and services remains constant, prices frequently decline to a lower equilibrium price and a larger equilibrium quantity of those products and services.
When the cost is reduced, what happens to supply?A price increase almost invariably leads to the delivery of more of that good or service, whereas a price decrease typically results in the delivery of less of it.
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