which of the following is not a supply shifter?
a.level of technology.
b.prices of inputs.
c.average income level.
d.weather.

Answers

Answer 1

Average income level of the following is not a supply shifter .

Option c is correct .

A variable that can change the quantity of a good or service supplied at any given price is called a supply variable. Supply variables include prices of factors of production, income from alternative activities, technology, expectations of sellers, natural events, and number of sellers.

Just as a change in demand is expressed by a change in the quantity demanded at each price, a change in supply means a change in the quantity offered at each price. When considering the factors that affect supply, remember what motivates businesses: profit, which is the difference between income and costs.

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Related Questions

What are the
best study
techniques for
improving your
exam
performance?

Answers

Answer:

Creating a study schedule and sticking to it.

Breaking down complex information into smaller, more manageable chunks.

Using active learning techniques, such as flashcards, self-quizzing, and summarizing information in your own words.

Incorporating different types of learning modalities, such as visual, auditory, and kinesthetic methods.

Collaborating with study partners or joining a study group.

Taking practice exams to identify areas where you need improvement.

Getting plenty of rest and exercise, as these can positively impact memory and cognitive function.

Staying organized and keeping notes, outlines, and other study materials well-organized.

Avoiding procrastination and allocating sufficient time for each subject or topic.

three policymakers are discussing how to ensure a just distribution of the national cake

Answers

The original policymaker believed that everyone should share in the nation's cake equally, regardless of their individual needs or contributions.

What holds true for the second policymaker?

The second decision-maker follows the equitable distribution principle, which calls for allocating resources while taking into account the achievements and needs of each individual. Giving everyone their due is making sure that everybody receives what they are supposed to in light of their work and needs, and the third decision-maker upholds this idea.

By engaging in a fruitful discussion, hearing each other out, and seeking common ground, the decision-makers in this scenario can advance the situation.

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Rest of the question is,

One thinks a just distribution is sharing the national cake equally, the other thinks a just distribution is rather sharing the national cake fairly, yet the third thinks a just distribution entails giving everyone his due. From our discussions in Unit 2, explain what the reason for their different views could be. Suggest way(s) to make progress in such a scenario.

When property is privately owned, people have a strong incentive to use their property in ways that are highly valued by others because?

Answers

It does provide the owners the freedom to do whatever they want with their land. However, I don't mean this in a negative way.

Due to the transferability and security provided by private ownership, owners take better care of their property. Because they grant people private ownership of resources, property rights are crucial. The fact that they control the resources pushes them to use them wisely because doing so will be to their advantage.

Capitalism is regarded as the most effective and productive system of exchange, according to the majority of political thinkers and almost all economists. Private property encourages efficiency by providing the resource owner with an incentive to increase the value of their holdings.

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what happend in war world 1

Answers

Answer:

Explanation:

World War I was one of the great watersheds of 20th-century geopolitical history. It led to the fall of four great imperial dynasties (in Germany, Russia, Austria-Hungary, and Turkey ), resulted in the Bolshevik Revolution in Russia, and, in its destabilization of European society, laid the groundwork for World War II.

Answer:

war dude

Explanation:

The first 5 books of the Bible cover several fundamental questions, such as who are we, where did we come from, and why are we here. a. True b. False.

Answers

The statement '' The first five books of the Bible cover many basic questions such as who we are, where  we came from and why we are here'' is true because the literary category of the Pentateuch reflects the traditional Jewish grouping of these books in the Torah.

The Torah, also known as the Five Books of Moses or the Pentateuch,  is one of the three main sections of the Hebrew Bible and also the most sacred, because according to tradition Moses wrote it according to divine command. The Pentateuch contains the first five books of the Hebrew Bible: Genesis, Exodus, Leviticus, Numbers, and Deuteronomy.

Scholars now believe that the stories that would become the Bible were spread over the centuries by word of mouth, in the form of oral stories and poetry - perhaps as a means of creating a collective identity among the tribes of Israel. Finally, these stories were collected and written.

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