DaileyOD7520 DaileyOD7520
  • 05-09-2019
  • Business
contestada

When producers' costs decrease, there will be _______ product (shift right) at each price brought to the market.

Respuesta :

DelcieRiveria DelcieRiveria
  • 10-09-2019

Answer:

The correct answer is more.

Explanation:

In the production process, a number of inputs are used to make a good or service. The cost incurred on these inputs is called the cost of production.  

In case there is a decline in the cost of production or producer's cost this means that the producer can produce more output by incurring the same cost level. This will cause a rightward shift in the supply curve. At each price level, more output than earlier will be supplied.

Answer Link

Otras preguntas

How were the colonies rapidly changing demographically and economically in the 1700s
The category of organisms in a water ecosystem that includes the larger active swimmers is called
what is the square root of 240.56
Which European conquistador conquered the Aztec
Which option best defines the meaning of taxable income? a) All the income you receive, from all sources, over the course of the year. b) The amount of your inc
What topic, issue, or subject matter will you be working on? Be specific.
how do you read a column
The structure of “Ballad of Birmingham” by Dudley Randall is described best as __________. a sonnet an elegiac broadside a broadside ballad free verse
The period of adolescence is lengthening in industrialized cultures such as europe, the united states, and australia. adolescents are taking more time to finish
are places that are near each other tend to be more similar?