Ask Question
BusinessBusiness
17 January, 13:19

What is the most likely effect of reducing costly regulations on the supply curve for a good?

+4
Answers (1)
  1. 17 January, 13:40
    0
    I believe the answer is: The supply curve will not shift to the right

    A supply curve would shift to the right if there is an increase in the quantity of product supply. When costly regulations are reduced, the price for a certain product would fall and the producers would reduce their supply because they need to wait for the price to go up in order to make profit.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “What is the most likely effect of reducing costly regulations on the supply curve for a good? ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Why did the Thibodaux workers go on strike? Was the strike successful? What accounts for its success or lack of success
Answers (1)
Indicate the missing amount for each letter. Case 1 2 Direct materials used $9,890 $ (g) Direct labor 5,670 8,450 Manufacturing overhead 8,640 5,100 Total manufacturing costs (a) 16,910 Beginning work in process inventory 1,370 (h) Ending work in
Answers (1)
On September 1, 2021, Southwest Airlines borrows $40.1 million, of which $8.2 million is due next year. Show how Southwest Airlines would record the $40.1 million debt on its December 31, 2021, balance sheet.
Answers (1)
Rachel's Designs has 1,600 shares of 6%, $50 par value cumulative preferred stock issued at the beginning of 2019. All remaining shares are common stock. Due to cash flow difficulties, the company was not able to pay dividends in 2019 or 2020.
Answers (1)
If the public expects a corporation to gain $5 per share in value this quarter and it actually gains $4, which is still the largest gain in the history of this company, the efficient market hypothesis says its stock price would fall. A. True B.
Answers (1)
New Questions in Business
Elmer received the following distributions from Virginiana Mutual Fund for the calendar year 2019: Ordinary dividends $250 Capital gain distributions $170 Nontaxable distributions $80 Elsie, Elmer's wife, did not own any of the Virginiana Mutual
Answers (1)
Ocean Vessels, Inc., and Pacific Harbor Company enter into a contract for a sale of a boat. Ocean is a merchant who deals in goods of the kind sold. The goods are defective. Under the UCC, the implied warranty of merchantability is breached a.
Answers (1)
If it is known that the income elasticity of demand for the same good is 2.5, estimate the percentage change in demand if consumer income increases from $100 to $300.
Answers (1)
Mark has been working at shop-mart for the past 10 years. despite working hard, he is unable to get what he wants or needs done, such as restocking the produce aisle. he is constantly tired and receives no rewards for his hard work.
Answers (2)
Challenger Factory produces two similar products: regular widgets and deluxe widgets. The total factory overhead budget is $630,400 with 330,800 estimated direct labor hours.
Answers (1)
Home » Business » What is the most likely effect of reducing costly regulations on the supply curve for a good?
Sign Up Forgot Password?