She knows that the price of the diamond is down. But it will not stay down forever. Soon the supply will be reduced and the prices will go up. That’s when she will sell her necklace. And gain profit
Answer:
The answer is stated below.
Explanation:
Within biological anthropology, the best example of applied anthropology is cemetery migration.
The correct answer is: "increase".
When more companies enter in a market and offer the same product, the total amount supplied increases (at all price levels). On the other hand, if production costs decrease, producers are willing to manufacture a larger output, as they can charge a lower price per item in the market an attract more buyers, or charge the same as before but earn a higher margin (revenue-cost) per unit sold.
In both cases, the supply curve shifts right and, at all price levels, the amount offered is larger. (as in the graph attached)
Answer:
IT
Explanation:
Answer:
IT
Explanation: