Sovi.AI - AI Math Tutor

Scan to solve math questions

QUESTION IMAGE

in moving along a supply curve, which of the following is not held cons…

Question

in moving along a supply curve, which of the following is not held constant? the number of firms producing this good techniques used in producing this product the price of the product itself. expectations about the future price of the product question 32 2 pts external benefits in consumption refer to benefits accruing to those who are consuming the product abroad. those who are selling the product to the consumers. those who bought and consumed the product. those other than the ones who consumed the product.

Explanation:

Brief Explanations
  1. For the first question, a supply - curve shows the relationship between the price of a product and the quantity supplied. When moving along the supply curve, factors like the number of firms, production techniques, and future price expectations are held constant, while the price of the product itself changes.
  2. For the second question, external benefits in consumption are the benefits that accrue to third - parties who are not the direct consumers of the product.

Answer:

  1. the price of the product itself.
  2. those other than the ones who consumed the product.