Author Question: A shift occurs in the supply curve for salt when: a. the price of salt increases. b. improvements ... (Read 244 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 effects of organophosphate poisoning are referred to by using the abbreviations “SLUD” or “SLUDGE,” It stands for: salivation, lacrimation, urination, defecation, GI upset, and emesis.

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

Did you know?

When blood is deoxygenated and flowing back to the heart through the veins, it is dark reddish-blue in color. Blood in the arteries that is oxygenated and flowing out to the body is bright red. Whereas arterial blood comes out in spurts, venous blood flows.

Did you know?

Persons who overdose with cardiac glycosides have a better chance of overall survival if they can survive the first 24 hours after the overdose.

Did you know?

Today, nearly 8 out of 10 pregnant women living with HIV (about 1.1 million), receive antiretrovirals.

For a complete list of videos, visit our video library