Author Question: A shift occurs in the supply curve for salt when: a. the price of salt increases. b. improvements ... (Read 172 times)

Bernana

  • Hero Member
  • *****
  • Posts: 530
A shift occurs in the supply curve for salt when:
 a. the price of salt increases.
  b. improvements are made in the production process.
  c. salt is found to be associated with high blood pressure.
  d. consumers expect the price of salt to increase in the future.

Question 2

A reduction in production costs will result in a(n):
 a. rightward shift of the supply curve.
  b. increase in supply.
  c. greater willingness and ability of producers to supply a larger quantity at any given price.
  d. greater willingness and ability of producers to supply the same quantity at a lower price.
  e. all of these.



chloejackso

  • Sr. Member
  • ****
  • Posts: 316
Answer to Question 1

b

Answer to Question 2

e



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

Did you know?

Limit intake of red meat and dairy products made with whole milk. Choose skim milk, low-fat or fat-free dairy products. Limit fried food. Use healthy oils when cooking.

For a complete list of videos, visit our video library