Electric utilities offer discounts to businesses who produce their product or service during off-peak times of the day. This fall in input prices increases supply by these businesses.
Correct Answer:
Verified
Q142: Popeye's Parlour supplies both piercing and tattoo
Q143: If the price of an input falls,
Q144: The law of supply works as long
Q145: The economist's distinction between quantity supplied and
Q146: When bus drivers at the transit commission
Q148: If the price of an input falls,
Q149: Economists use the term quantity supplied to
Q150: Popeye's Parlour supplies both piercing and tattoo
Q151: Lower interest rates reduce the cost of
Q152: An improvement in technology increases supply.
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents