If the price of TVs produced by XYZ-TV Company falls from $1,000 to $750 per TV...
If the price of TVs produced by XYZ-TV Company falls from $1,000 to $750 per TV set, then the: Select one: a. supply of labor to the XYZ-TV Company increases. b. supply of labor to the XYZ-TV Company decreases. c. demand for labor by the XYZ-TV Company increases. d. demand for labor by the XYZ-TV Company decreases. why
Homework Answers
If the price of TVs produced by XYZ-TV Company falls from $1,000 to $750 per TV set, then the demand for labor by the XYZ-TV company will decrease as the revenue decreases, the company will cut its costs and hire less labor.
option(D)
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If the price of TVs produced by XYZ-TV Company falls from $1,000
to $750 per TV...
If the price of TVs produced by XYZ-TV Company increases from $1,000 to $1,250 per TV...
If the price of TVs produced by XYZ-TV Company increases from $1,000 to $1,250 per TV set, then the: A) demand for labor by the XYZ-TV Company increases. B) demand for labor by the XYZ-TV Company decreases. C) supply of labor to the XYZ-TV Company decreases. D) supply of labor to the XYZ-TV Company increases.
Question 24 The equilibrium quantity in the market for Apple watches has been 750 per month....
Question 24 The equilibrium quantity in the market for Apple watches has been 750 per month. Then a tax of $7 per watch is imposed. The price paid by buyers increases by $5.50 and the after-tax price received by sellers falls by $1.50. The government is able to raise $4480 per month in revenue from the tax. a) What is the deadweight loss from the tax? a. $500 b. $385 C. $270 d. $400 b) Which is more elastic -...
In the market for televisions, the price of a television falls and nothing else changes. Price...
In the market for televisions, the price of a television falls and nothing else changes. Price (dollars per television) Show the effect of this change o os Choose between the following Use the single arrow tool to draw an arrow on the demand curve showing the direction of movement along the line OR Use the line tool to draw a new demand curve Only one of the effects is correct, and you must determine which is the appropriate one to...
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If the price of a DVD falls, i. the demand curve for DVDs will shift rightward....
If the price of a DVD falls, i. the demand curve for DVDs will shift rightward. ii. the demand curve for DVDs will not shift. iii. there will be a movement along the demand curve for DVDs. Select one: A. i only d B. ii only C. iii only D. ii and i E. i and iii O Which of the following increases the supply of petrol? Select one: O A. A decrease in the price of a resource used...
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Refer to the figure below: Market demand Market supply Price (per organ) da 95 ad Quantity...
Refer to the figure below: Market demand Market supply Price (per organ) da 95 ad Quantity (organs per year) Instructions: Any changes should be based on the initial equilibrium as the start point. When a price ceiling of zero is imposed on the organ market, by how much does a. The quantity of organs demanded increase? The quantity of organs demanded increases from qa to qe The quantity of organs demanded doesn't change with the imposition of a zero price...
What happens in the market for coffee if the price of sugar rises? Select one: O...
What happens in the market for coffee if the price of sugar rises? Select one: O a. supply shifts to the left and price increases O b. supply shifts to the right and price decreases O c. demand shifts to the left and price decreases O d, demand shifts to the right and price increases
Question 24 The equilibrium quantity in the market for Apple watches has been 750 per month. Then a tax of $7 per watch is imposed. The price paid by buyers increases by $5.50 and the after-tax price received by sellers falls by $1.50. The government is able to raise $4480 per month in revenue from the tax. a) What is the deadweight loss from the tax? a. $500 b. $385 C. $270 d. $400 b) Which is more elastic -...
In the market for televisions, the price of a television falls and nothing else changes. Price (dollars per television) Show the effect of this change o os Choose between the following Use the single arrow tool to draw an arrow on the demand curve showing the direction of movement along the line OR Use the line tool to draw a new demand curve Only one of the effects is correct, and you must determine which is the appropriate one to...
Price (dollars per pizza) Quantity (millions of pizzas per year) In the above figure, the shift in the supply curve from Sto S, reflects Select one: A. an increase in the supply of pizza. O B. an increase in the quantity of pizza supplied. O C . a decrease in the quantity of pizza supplied. O O D. a decrease in the supply of pizza E. None of the above answers is correct. Two brands of water, Natural Water and...
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