Which of the following characteristics leads to an upward-sloping supply curve?
1. Increasing opportunity costs
2. Increasing marginal costs
3. Diminishing marginal utility
4. A decrease in factor prices
5. An increase in factor prices
6. Increasing labor productivity
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Which of the following characteristics leads to an upward-sloping supply curve? 1. Increasing opportunity costs 2. Increasing marginal ...” 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
A project is expected to increase inventory by $15,501, increase accounts payable by $8,865 and decrease accounts receivable by $1,246. What is the project's cash flow from net working capital at time zero?
Answers (1)
Which of the following would you add to the balance per general ledger to arrive at the reconciled cash balance in a bank reconciliation? Select one: A. Deposits in transit B. Bank service charge C. ""NSF"" checks D. Collection of a note by bank
Answers (1)
Discuss how the need for control over foreign operations varies with firms' strategies and core competencies. What are the implications for the choice of entry mode?
Answers (1)
Use the information provided below to answer the following questions. Suppose a country using the United States' system of calculating official unemployment statistics has 100 million people, of whom 50 million are working age.
Answers (1)
Which of the following are a type of overhead allocation method? a. division overhead rate method. b. activity-based costing method c. departmental overhead rate method d. plantwide overhead rate method
Answers (1)
New Questions in Business
The ultimate goal of the marketing process is to do which of the following?
Answers (1)
What effect do you think seasonal demand might have on the price of goods? Explain why.
Answers (1)
Welfare economics explains which of the following in the market for televisions? a. The government sets the quantity of televisions; firms respond to the quantity by charging a specific price. b.
Answers (1)
Cardinal Company is considering a five-year project that would require a $2,890,000 investment in equipment with a useful life of five years and no salvage value. The company's discount rate is 12%.
Answers (1)
Parwin Corporation plans to sell 42,000 units during August. If the company has 17,500 units on hand at the start of the month, and plans to have 18,500 units on hand at the end of the month, how many units must be produced during the month?
Answers (1)