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Is it true that The number of suppliers that enter and leave the market has no effect on the amount of goods or services supplied?
Wiki User
∙ 9y ago
False
Wiki User
∙ 9y ago
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The growth of technology has had little effect on the amount of goods and services produced in other countries?
False
What is the Difference between income effect and substitution effect?
Income effect-change in the amount that consumers will buy because their income changed.substitution effect-change in the amount that consumers will buy because they purchase goods instead.substitution effect the change in demand for a good when the relative price between a good and its substitute changes. income effect the change in demand for a good when the income of the consumer change.
What effect do tariffs have on consumers?
A tariff raises the price of an imported good above the world price of that good by the amount of the tariff. Domestic suppliers are then able to raise the price of their good to the price of the imported good. The rise in price causes some buyers to exit the market, and by reducing the domestic quantity demanded the consumer surplus decreases, creating a deadweight loss.
Why do firms produce goods and services in a market economy?
G
What is net refrigeration effect?
The net refrigeration effect is the amount of heat each pound of refrigerant absorbs from the refrigerated space. This heat produces useful cooling.
The growth of technology has had little effect on the amount of goods and services produced in other countries?
False
What effect does sickle cells have on the body?
Red blood cells are improperly formed, and due to this they can not carry as much oxygen. Which means, the body (mainly suffered by Black - African decendents) does not have the right amount of oxygen supplied.
What effect does unemployment have on people's ability to access services?
to access services
What are the three things that effect the rate of photosynthesis?
The amount of sunlight, the amount of CO2,the amount of warmth and the amount of water all effect photosynthesis.The amount of sunlight, the amount of CO2,the amount of warmth and the amount of water all effect photosynthesis.
What is the mission statement of Easy Jet?
The mission statement of easy jet is ... To provide our customers with safe, good value, point-to-point air services. To effect and to offer a consistent and reliable product and fares appealing to leisure and business markets on a range of European routes. To achieve this we will develop our people and establish lasting relationships with our suppliers The mission statement of easy jet is ... To provide our customers with safe, good value, point-to-point air services. To effect and to offer a consistent and reliable product and fares appealing to leisure and business markets on a range of European routes. To achieve this we will develop our people and establish lasting relationships with our suppliers
Effect of a car without a spring coil?
without the spring coil the electricity will not be supplied to the ignition of the car.
If a firm uses just in time inventory system what effect is that likely to have on the number and location of suppliers?
Companies using a just-in-time inventory system will need to have their vendors close by. They will also need to have a lot of vendors and suppliers.
What was the effect of the large profits made by merchants as military suppliers for imperial wars?
Increased wealth of the eighteenth century colonial elite
What is an effect of the government instituting a price of ceiling of 2.00 a gallon of gasoline?
Quantity demanded will be more than the quantity supplied.
What is likely effect of competition among Internet service providers on the price of services?
The price of services will decrease.
What factors could effect your business of a salon?
customers services
Does the amount of sunlight effect your soil?
yes
