When the price of a good rises, total supply in the market will rise, but some entrepreneurs might actually choose to work less. Why might they make this choice?
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “When the price of a good rises, total supply in the market will rise, but some entrepreneurs might actually choose to work less. Why might ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Consumer Products Corporation wants to make an offering of securities to the public. This offering is not exempt from registration under the Securities Act of 1933. Before the firm sells its securities, it must provide investors with: a.
Answers (1)
The Claxton Company manufactures children's toys and also has a division that makes automobile parts. Due to a change in its strategic focus, the company sold the automobile parts division.
Answers (1)
The number issued to physicians by the internal revenue service for income tax purposes is known as:
Answers (1)
Under the classic gold standard, if prices began rising in the U. S. a. the dollar value of the pound would riseb. the dollar value of the pound would fallc. the U. S. would begin running a balance of trade surplusd. gold would flow out of the U. S.
Answers (1)
e Department of Traffic Security of a city is considering the purchase of a new drone for aerial surveillance of traffic on its most congested streets. A similar purchase 4 years ago cost $950,000.
Answers (1)
New Questions in Business
The Harrisburg Store has net working capital of $2,715, net fixed assets of $22,407, sales of $31,350, and current liabilities of $3,908. How many dollars' worth of sales are generated from every $1 in total assets
Answers (1)
Assume that a business generates $2 million in revenue (income) in a single year. The company's total costs and expenses, however, total $1.85 million. In this scenario, what percentage of the company's revenue is considered profit?
Answers (1)
Eric randomly surveyed 150 adults from a certain city and asked which team in a contest they were rooting for, either north high school or south high school. from the results of his survey, eric obtained a 95% confidence interval of (0.52,0.
Answers (1)
Cash inflow in cash budgeting comes mainly from:
Answers (1)
The following costs are included in a recent summary of data for a company: advertising expense, $99,500; depreciation expense - factory building, $147,500; direct labor, $264,500; direct material used, $314,500; factory utilities, $119,500;
Answers (1)