Resource X is necessary to the production of good Y. If the price of resource X falls, the equilibrium price of Y will and the equilibrium quantity of Y will __.

Question

02-07-2021
Business

Answered

Find the best solutions to your questions at Westonci.ca, the premier Q&A platform with a community of knowledgeable experts. Our platform provides a seamless experience for finding reliable answers from a network of experienced professionals. Explore comprehensive solutions to your questions from knowledgeable professionals across various fields on our platform.

Resource X is necessary to the production of good Y. If the price of resource X falls, the equilibrium price of Y will and the equilibrium quantity of Y will __.

Sagot :

We hope this was helpful. Please come back whenever you need more information or answers to your queries. We hope this was helpful. Please come back whenever you need more information or answers to your queries. We're glad you visited Westonci.ca. Return anytime for updated answers from our knowledgeable team.

Which phrase describes a trend in voter turnout?A. Lower among middle-aged adults than any other groupB. Higher in midterm elections than presidential elections

1. What is an example of effective paraphrasing?A. "Let's not discuss this topic now."B. "Can we go get some ice cream?"C. "I really don't want to have this tal

Question 2 of 37Which of the following is a chemical change?A. Cooking an eggB. Mixing oil and waterC. Tearing a piece of paperD. Watching a DVD

there are n arthmetic means between 2 and 14 . if the ratio of thurd mean to the last mean is 2:3 find the number of terms in the series

Why is it important, when asking for help, to ask again, and again, if necessary? a. Some people habitually respond to a first request with "no." b. Some cultur

Q.3. Francesca operates an online flower delivery business. She learned that in 2012 there were anestimated 324,000 online orders in her region, which represent

In the figure above, the distance from A to D is y, the distance from D to C is x, andthe distance from C to B is h. If A = 40°, ZBDC = 50°, AB = 18 and DB = 15

During a site survey, Chris discovers that there are more access points broadcasting his organization’s SSID than he expects there to be. What type of wireless

Do you think the boundaries between private life and work life are blurred by communication technology such as social networking? What standards or principles d

Tickets to a basketball game can be ordered online for a set price per ticket plus a [tex]$\$[/tex] 5.50[tex]$ service fee. The total cost in dollars for orderi

ewomazinoade ewomazinoade · Answer 1 · 2021-07-03T20:29:09-04:00

ewomazinoade ewomazinoade

03-07-2021

Answer:

fall

rise

Explanation:

If the cost of resource x falls, it becomes cheaper to produce good y. This leads to an increase in supply of y. the supply curve of good y shifts out. As a result, equilibrium price falls and quantity rises

Answer Link

Sagot :

Other Questions