Thomisonariel6402go Thomisonariel6402go

Business

Answered

Resource X is necessary to the production of good Y. If the price of resource X falls, the equilibrium price of Y will and the equilibrium quantity of Y will __.

Answer :

Ewomazinoadego Ewomazinoadego

Answer:

fall

rise

Explanation:

If the cost of resource x falls, it becomes cheaper to produce good y. This leads to an increase in supply of y. the supply curve of good y shifts out. As a result, equilibrium price falls and quantity rises

Answer Link

Go Teaching: Other Questions

3 Lizzie Buys 3 Clocks For A Total Cost Of £50 At A Car Boot Sale. She Sells 2 Of The Clocks For £22 Each And The Other Clock For £20 Lizzie Thinks She Has Made

25/24 As A Decimal Rounded To Nearest Hundredth

What Is The energy 2) The Energy Transition From N = 1 →n= 3 In Hydrogen Is 12.09 EV (1.6022 X 10J= 1 EV)- of Light Emitted From N = 3 →n=1? E E Fiz

Factorize The Following Numbers By Factor Tree Method20

1. A. Environment B. Fertilizer C. Editor D. Scientist 2. A. Disposal B. Inorganic C. Chemical D. Natural 3. A. Reduction B. Pollution C. Solution D. Conclusion

DE Is Tangent To Circle C At Point D. What Is The Measure Of Enter Your Answer In The Box.

Lucian Was Hiking Through A Field Directly Toward His Car, Which Was Parked On A Long, Straight Road Perpendicular To His Path, When He Came To A Swamp. He Turn

Find The Best Way To Fix This Grammatically Incorrect Sentence: “In The Nursery. After The Spring Rain. Smelled Clean.” A. In The Nursery, After The Spring Rain

The Area Of The Room Is 234 Square Feet. The Length Of The Room Is 18 Feet. What Is The Width, In Feet, Of The Room?

Graph: Y = (x + 3)2 – 4 Which Values Are Solutions Of The Quadratic Equation 0 = (x + 3)2 – 4? Check All That Apply. y X -4 WIEC 6 0 -5 -4 . 0 -3 -1 -6 -4 -2 2

What Does The Debate Over Welfare Involve?

A. Write A Full Conversation Between Two People. Both Participants Have To Ask And Answer The Same Questions. Include All The Following: Hi How Is The Person