The supply of loanable funds slopes upwards in an open economy because there are more funds available. An open economy allows for more money to be put into the economy.
The general law of diminishing returns partially accounts for the upward slope of supply curves for individual firms and for market supply curves. Additional production eventually becomes ever more costly as output levels grow. Thus, firms may require higher prices to justify expanding their outputs. Moreover, higher prices embody greater incentives for firms to produce more output because profit opportunities are enhanced. A similar logic applies for the economy as a whole.
A demand curve slopes downward left to right because the relationship between price and demand is negative - as price drops demand rises. The opposite is true for a supply curve where as price rises supply rises - the relationship is positive so the supply curve slopes upward from left to right. Nova net answer- because demand decreases as price increases
Upward-sloping
Economy going downward.
upward and to the right
A line that slopes to the right and up has a positive slope.
The general law of diminishing returns partially accounts for the upward slope of supply curves for individual firms and for market supply curves. Additional production eventually becomes ever more costly as output levels grow. Thus, firms may require higher prices to justify expanding their outputs. Moreover, higher prices embody greater incentives for firms to produce more output because profit opportunities are enhanced. A similar logic applies for the economy as a whole.
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A demand curve slopes downward left to right because the relationship between price and demand is negative - as price drops demand rises. The opposite is true for a supply curve where as price rises supply rises - the relationship is positive so the supply curve slopes upward from left to right. Nova net answer- because demand decreases as price increases
A demand curve slopes downward left to right because the relationship between price and demand is negative - as price drops demand rises. The opposite is true for a supply curve where as price rises supply rises - the relationship is positive so the supply curve slopes upward from left to right. Nova net answer- because demand decreases as price increases
A demand curve slopes downward left to right because the relationship between price and demand is negative - as price drops demand rises. The opposite is true for a supply curve where as price rises supply rises - the relationship is positive so the supply curve slopes upward from left to right. Nova net answer- because demand decreases as price increases
The force that keeps a box from sliding down an angled conveyor belt that slopes upward is friction. Friction acts in the opposite direction of the box's movement, preventing it from sliding down the slope.
Upward-sloping
Economy going downward.
upward and to the right
In macroeconomics, solving for labor and demand involves analyzing the labor market equilibrium where the quantity of labor supplied equals the quantity of labor demanded. This can be done using the labor supply curve, which typically slopes upward, and the labor demand curve, which usually slopes downward. By identifying the intersection point of these curves, you can determine the equilibrium wage and employment level. Additionally, factors like economic policies, productivity, and overall demand in the economy can influence these curves and shift the equilibrium.
Supply curve will be upward sloping in two reason,the first reason is know as the income effect and the second is know as substitution effect.