Mathematics
Mathematics, 05.07.2019 00:10, richard80

a supply curve slopes upward because
a.
â as more is produced, total cost of production falls.
b.
â many firms will experience increases in their costs of production as their output rises so they need a higher price in order to induce them to produce more output.
c.
â the higher the price per unit, the greater the profitability generated by supplying more of that good.
d.
â both (b) and (c).

answer
Answers: 1
Show answers

Similar questions

Предмет
Business, 26.08.2019 17:30, monicagalarza
The demand curve for gasoline slopes downward and the supply curve for gasoline slopes upward. the production of the 1,000th gallon of gasoline entails the following: • a private cost of $3.10; • a social cost of $3.55; • a value to consumers of $3.70.onepixel.gifrefer to scenario 10-1. let q represent the number of gallons of gasoline and let p represent the price of a gallon of gasoline. which of the following statements is correct? a. one point on the supply curve is (q = 1,000, p = $3.10). b. one point on the social-cost curve is (q = 1,000, p = $0.45). c. one point on the demand curve is (q = 1,000, p = $3.55). d. the socially optimal quantity of gasoline is less than 1,000 gallons.
Answers: 1
continue
Предмет
Business, 27.08.2019 20:20, lollipopboo
Atypical keynesian aggregate supply (as) curve and a typical keynesian phillips curve is vertical; is vertical slopes downward; slopes downward slopes upward; slopes upward slopes upward; slopes downward
Answers: 1
continue
Предмет
Business, 11.09.2019 21:20, mathbrain58
An industry in which the firm’s cost structures do not vary with changes in production will have a long-run supply curve that rev: 06_26_2018 multiple choice is perfectly elastic. is perfectly inelastic. slopes downward. slopes upward.
Answers: 2
continue
Do you know the correct answer?
a supply curve slopes upward because
a.
â as more is produced, total cost of production...

Questions in other subjects:

Konu
Biology, 16.07.2019 09:20
Small, white flecks of fat that may appear within the muscle tissue of meat is called:...
Konu
Social Studies, 16.07.2019 09:20
The first scientific attempt to classify humans based on biological variation was by...
Konu
Mathematics, 16.07.2019 09:20
Factor this trinomial completely. -6x3 + 26x2 + 20x   a. -2x(3x + 5)(x - 2)   b. -2x(3x + 2)(x - 5)   c. -2(3x + 2)(x - 5)   d. -2(3x + 5)(x - 2)...
Konu
Health, 16.07.2019 09:20
Is it imortant for parents of newborns to worry about the child's self esteem...
Konu
History, 16.07.2019 09:20
Which nation had the most influence on the colonization of latin america in the 1500s?...
Konu
Health, 16.07.2019 09:20
Why is psychology considered a science? ?...
Konu
Mathematics, 16.07.2019 09:20
Which equation could you use to solve for x in the proportion 4/5=9/x ?...
Konu
Social Studies, 16.07.2019 09:20
Why do you think a leader or group might seek to create a minor party?...
Konu
Biology, 16.07.2019 09:20
Why do i look more attractive in the mirror reddit?...
Konu
Mathematics, 16.07.2019 09:20
How does the graph of g(x) = 1/x+4-6 compare to the graph of the parent function f(x)=1/x ?...
Other tasks in the category: Mathematics More task
See results (0)