Producers are able to produce more of a good and to make more profit from __________.

Answers

Answer 1

Answer: It's probably High prices

Related Questions

The MOST active period of the Trans-Atlantic slave trade was during which time period? Question 6 options: a. 1501 to 1600. b. 1601 to 1700. c. 1701 to 1800 d. 1801 to 1900.
"Tyler heard a story from a friend about a woman who was being beaten by her husband. He decided that the only reason the woman stayed with her husband was because she was too weak to leave him. In this case, Tyler was using his sociological imagination."a. True.b. False.
Which is an example of overcoming gravity? A. Jumping in a pool, b, dropping a ball, C. Skiing down a hill, D. Catching a baseball
Which of the following statements BEST describes the way to make a good decision?a. Make a decision impulsively and ignore the possible consequences.b. Make a decision based on the evaluation of consequences involving you and others and take action accordingly.c. Make a decision based on what a friend thinks and then follow that advice to the best of your ability.d. Make a decision based on what works best for you and take comfort in the fact that time heals all wounds.
List the elements of the origin and diffusion of soccer. be sure to discuss the connection to folk and popular culture.

Which statement explains how political bosses were able to gain and maintain power? a. They bribed state and local officials in return for government appointments.
b. They gave help to constituents on the local level in return for their votes.
c. They used the courts to delay elections until they consolidated their power.
d. They withheld local services until people pledged to give the boss their votes

Answers

The statement which explains how political bosses were able to gain and maintain power is definitely b. They gave help to constituents on the local level in return for their votes. That is a common thing that you can come across, they contribute in their political future in this way and usually it works.

Answer:B

Explanation:just took the test

The laffer curve predicts the effects of change in the tax rate on which of the following?A)Real GDP
B)Unemployment
C)Aggregate Supply
D)Tax Revenues

Answers

The correct answer is D.

The Laffer Curve represents the relationship between the tax rate and the total tax revenues collected by the economic authorities. It illustrates the incidence of the taxable income elasticity, the sensitiveness of the income earned by the economic agents on which the tax is applied, to variations in the tax rate.

A laffer curve is represented in the graph attached. Tax collection is 0 for 0% and 100% rates. Between these two values, the function will have an increasing section, a maximum and a decreasing section. Its maximum consitutes the tax rate that maximizes the total tax collection.

Final answer:

The Laffer Curve depicts that changes in the tax rate have an impact on tax revenues. It indicates that there's an optimal tax rate that maximizes tax revenue, as both 0% and 100% tax rates would result in no revenue.

Explanation:

The Laffer Curve is a theory in economics that suggests there is an optimal tax rate which maximizes tax revenue. The curve predicts the effect of changes in the tax rate on tax revenues. It suggests that increase in the tax rate beyond a certain point will be counterproductive for raising further tax revenue.

For Example, If the tax rate is 0%, the government would earn no tax revenue. Similarly, if the tax rate is 100%, the government would also earn no tax revenue since there would be no incentive to work. Therefore, the Laffer Curve suggests that there is an optimal tax rate between 0% and 100% which will generate maximum tax revenue for the government.

Learn more about Laffer Curve here:

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Solve 18 + 9k = 72 K=....

Answers

Subtract 18 from 72 which equals 54. Now your equation is 9k=54k.
Divide 9 from both sides.
9k/9=0 (k) , 54k/9= 6k.
Don’t forgot the variable in your answer, it’s extremely important to remember it. Your final answer is 6k.

You will need to group like term
18-72=63k
Divide by 9
Your answer should be 6k

What is one example of a planned economy?A.
laissez-faire economy

B.
free enterprise economy

C.
socialist economy

D.
market economy

Answers

Communist and socialist systems are the most noteworthy examples in which governments control facets of economic production. Central planning is often associated with Marxist-Leninist theory and with the former Soviet Union, China, Vietnam, and Cuba. (hope this helps a little bit <3)

THE STAR SPANGLED BANNERAfter listening to this song, I feel the song has changed what it means to me because.

(pls add at least 2 - 3 sentences)

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Answer:

Some people like to stand up in the morning and pledge. Some people think it's a joke and do not take it seriously. But you really know it means nothing to someone when they put their hand on the wrong side of their chest and start laughing, thinking that that mistake must've been funny or something.

Explanation:

Predictable changes in adult personality are at the heart of the ______ model. trait timing-of-events typological normative-stage

Answers

The correct answer is Normative Stage Model.
The Normative Stage Model refers to the theoretical models, which depicts the psychosocial developments with relation to a specific sequence of age-associated changes.The Normative-stage model is the one, which holds the age-associated socially and emotionally changes, which emerges in successive periods which are sometimes marked by crisis.

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Express the fractions 3/4, 7/16, and 5/8 with the LCD.a. 3/4, 2/4, 3/4b. 12/16, 7/16, 10/16c. 9/16, 49/16, 36/16d. 24/32, 14/32, 24/32