When considering factors that shift supply curves, lower product taxes on producers will decrease supply. -...
When considering factors that shift supply curves, lower product taxes on producers will decrease supply.
- false
- True
Homework Answers
The given statement is false and this is because lower taxes can increase the net budget of production for the producers as a result of which they could produce more than before and the supply increases and the supply curve shift to the right and therefore in this regard
(a) False is the answer to this question
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When considering factors that shift supply curves, lower product
taxes on producers will decrease supply.
-...
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Explain the factors of the shift in demand and supply curves for a city. Assuming an increase in demand for export goods, explain the change in demand curve and labor supply, if any. a) Increase in demand for export goods b) Increase in labour productivity generates lower cost, lower output price, and more output produced c)Decrease in taxes decreases cost and output price, increasing output and labor demand d) Improve amenities such as environmental quality e) Decrease disamenities such as...
7.- A leftward shift of a supply curve is called a(n): a. decrease in supply. b....
7.- A leftward shift of a supply curve is called a(n): a. decrease in supply. b. increase in quantity supplied. c. decrease in quantity supplied. d. increase in supply. 8.- The market demand is the: a. sum of all individual demand curves and supplies in a market. b. horizontal sum of all individual demand curves in a market. c. horizontal sum of all individual prices in a market. d. vertical sum of all individual demand curves.
If an analyst were confident that all factors that shift the supply curve were constant while...
If an analyst were confident that all factors that shift the supply curve were constant while some factors shift the demand curve when observing changing prices and quantities traded: a. the analyst would be confident that the demand curve had been identified. b. neither the supply nor the demand curve would have been identified. c. the analyst should gather more data to find shifts in both curves. d. both the supply and demand curves would have been identified. e. the...
factors that shift the AD Curve include A) government purchases B) autonomous investment C) taxes D)...
factors that shift the AD Curve include A) government purchases B) autonomous investment C) taxes D) all of the above E) none of the above 33. If government cuts taxes A) after tax income should increase shifting AD to the left to a lower cu B) after tax income should increase shifting AD to the right to a higher eq output C) after tax income and the equilibrium level of output remain unchanged D) after tax income remains unchanged but...
Answer both parts: A. What factors shift the short-run average variable and total cost curves? Explain...
Answer both parts: A. What factors shift the short-run average variable and total cost curves? Explain why these curves would shift up or down in response to changes in these factors? B. The demand and supply functions in the thermometer market are as follows: Supply: Qs = 32 + 0.04P Demand: Qd = 35.5 – 0.03P. Calculate the equilibrium price and quantity in the thermometer market.
If a government went from a deficit to a surplus, government debt would decrease, the supply...
If a government went from a deficit to a surplus, government debt would decrease, the supply of loanable funds would shift to the right and interest rates would fall. Select one: True False People who buy stock in a corporation such as Honda become part owners of Honda, so the benefits of holding the stock depend on Honda's profits. Select one: True False When large corporations, the federal government, or state and local governments need to borrow to finance their...
An individual worker's labor supply curve slopes backward if that person responds to a lower opportunity...
An individual worker's labor supply curve slopes backward if that person responds to a lower opportunity cost of leisure by working fewer hours per week. true or false An increase in the number of women willing to work in the labor markets instead of staying at home with children would cause the labor supply curve to shift to the right. true or false Ceteris paribus, a decrease in the wage rate for community college instructors would cause the labor supply...
10. Producers of strawberries have seen a rightward shift of the supply curve for strawberries. Which...
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Question 5 of 27 Shift factors for the supply curve include changes in price of productive...
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Other things remain unchanged, the market demand curve for a particular product is expected to shift leftwards when the price of that product declines.
Other things remain unchanged, the market demand curve for a particular product is expected to shift leftwards when the price of that product declines.Question 1 options:TrueFalseQuestion 2Other things remain equal, which of the following factors causes the market supply curve of Blue-ray players to shift leftwards?Question 2 options:The costs of producing a single Blue-ray player increases.The number of firms selling Blue-ray players increases.The sellers are expecting the price of Blue-ray players to decline in the soon future.Non of the above...
7.- A leftward shift of a supply curve is called a(n): a. decrease in supply. b. increase in quantity supplied. c. decrease in quantity supplied. d. increase in supply. 8.- The market demand is the: a. sum of all individual demand curves and supplies in a market. b. horizontal sum of all individual demand curves in a market. c. horizontal sum of all individual prices in a market. d. vertical sum of all individual demand curves.
factors that shift the AD Curve include A) government purchases B) autonomous investment C) taxes D) all of the above E) none of the above 33. If government cuts taxes A) after tax income should increase shifting AD to the left to a lower cu B) after tax income should increase shifting AD to the right to a higher eq output C) after tax income and the equilibrium level of output remain unchanged D) after tax income remains unchanged but...
Question 5 of 27 Shift factors for the supply curve include changes in price of productive resources. These include all of the following, except time Select- land time Question 6 of 27 capital entrepreneurship labor True or false. A market-clearing price only occurs in a market in equilibrium
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