mccutchengabriel mccutchengabriel
  • 20-02-2020
  • Business
contestada

As price increases the producer has an incentive to ________ or supply ________.

Respuesta :

monica789412 monica789412
  • 27-02-2020

As price increases the producer has an incentive to produce less or supply more output.  

Explanation:

  • High prices act as an incentive to increase the supply of a good, service or productive resource.
  • Prices are the signal or determinant factor of goods, services and productive resource in a market economy
  • As price increases the producer has an incentive to produce less or supply more output.  

Answer Link

Otras preguntas

Over the first five years of owning her car, Gina drove about 12,200 miles the first year, 16,211 miles the second year, 12,050 the third year, 11,350 the fourt
One reason why Germany did NOT become a strong unified state during the Middle Ages was because __________.
solve using quadratic formula 3x^2-4x+3=0
find k so that the numbers 2k+1,3k+4,and 7k+6 form a geometric sequnce.
PORTIA:. O constancy, be strong upon my side. . Which form of figurative language is used in this example? . a. metaphor. b. flashback. c. irony. d. apostrophe
Against what backdrop did the rise of ideologies of capitalism, socialism and communism clash?. . the Reformation. . the Ind
Calculate the number of moles of Cl atoms in 2.41×1024formula units of magnesium chloride, MgCl 2 .
Find the missing number in this proportion. ?/8 =16/64
In the conclusion of an argumentative essay, the author should
number d plz solve it