nhefrghnrf3013 nhefrghnrf3013

09-07-2021
Business

contestada

Consider the market in which publishers operate.Suppose the price of a fiction book is expected to fall next year.Explain how this event will change the quantity of fiction books supplied and the supply of fiction books today.

Respuesta :

Priatouri Priatouri

13-07-2021

Answer:

Supply will increase today.

Explanation:

Supply will increase today because the producer's primary motive is to earn profit so when the price decreases then the profit also decreases. Therefore, when the future expected price is going to fall then the producer will try to earn more profit by selling at a higher price so the current supply will increase for the fiction book.

Answer Link

Otras preguntas

What did the Egyptians call the area that we now call Sudan?

7 - 3 ( 5t - 10 ) = 67

Use the REMAINDER THEOREM to explain whether or not (x-2) is a factor of F(x)=x^4-2x^3+3x^2-10x+3

A dealer sells a certain type of chair and a table for $40. He also sells the same sort of table and a desk for $83 or a chair and a desk for $77. Find the pric

What did the Egyptians call the area that we now call Sudan?

A dealer sells a certain type of chair and a table for $40. He also sells the same sort of table and a desk for $83 or a chair and a desk for $77. Find the pric

Use the REMAINDER THEOREM to explain whether or not (x-2) is a factor of F(x)=x^4-2x^3+3x^2-10x+3

A dealer sells a certain type of chair and a table for $40. He also sells the same sort of table and a desk for $83 or a chair and a desk for $77. Find the pric

what is aas congruence?

A dealer sells a certain type of chair and a table for $40. He also sells the same sort of table and a desk for $83 or a chair and a desk for $77. Find the pric