Social Studies, 30.09.2019 19:30 conyers234
Ross creates a business selling baseball hats. he begins his business with machines he bought second hand. after making a great deal of profit , he upgrades to a new updated machine system that allows him to produce hats faster.
a) what is the change in supply of baseball hats:
b) what is the determinant:
Answers: 1
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Which of the following might cause the inflation rate to spike up sharply? the purchasing power of the average consumer decreases due to a sluggish economy. plentiful rainfall and moderate temperatures result in good harvests of wheat and soybeans. the items in the cpi market basket change to account for changing consumer buying habits. prices on world oil markets rise steeply due to war in the middle east.
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The us economy received all of the following benefits as a result of technological advancements during industrialization except a. increased production b. reduced costs of consumer goods c. increased farm employment d. the invention of new products
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Ross creates a business selling baseball hats. he begins his business with machines he bought second...
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