George Gnat subscribes to a monthly pest control service for his home. Last week the owner of the service informed George that he will have to raise his monthly service fee because of increases in the price of gasoline used by his workers on their service trips. How is the market for pest control services affected by this?
A) There is a decrease in the demand for pest control services.
B) There is a decrease in the quantity supplied of pest control services.
C) There is a decrease in the supply of pest control services.
D) There is an increase in the supply of pest control services.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “George Gnat subscribes to a monthly pest control service for his home. Last week the owner of the service informed George that he will have ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
US citizens have better nutrition, better healthcare, and a longer life expectancy than citizens of Nigeria. Which of the following conclusions can be drawn from this statement? A. Productivity in the US is higher than productivity in Nigeria. B.
Answers (1)
Under the cash basis of accounting: a. a promise to pay is sufficient to recognize revenue. b. cash must be received before revenue is recognized. c. expenses are matched with the revenue that is produced. d.
Answers (1)
County Title Company processes information furnished by others to transfer title to real estate from a seller to a buyer. In performing this task for a sale of land from Dale to Ezra, the furnished information is mistaken.
Answers (1)
If a perfectly competitive firm is producing a quantity where MC > MR, then profit: is maximized. can be increased by increasing production. can be increased by decreasing production. can be increased by decreasing the price.
Answers (1)
The worst loss that could ever happen to a firm is referred to as the
Answers (1)
New Questions in Business
For its Premium Banking Customers, Upscale Bank has an average acquisition cost of $300, Annual Revenue of $600 with an Annual Retention cost of $ 100 and a churn rate of 10%. Calculate average non-discounted CLV.
Answers (1)
Which of the following statements is true? A. In a job-costing system, average production cost is calculated for all units produced. B. In a job-costing system, overheads are allocated to all units equally. C.
Answers (1)
Gemma's music store is doing well, but her goal is to improve customer satisfaction. In order to do so, she should A. improve the quality of her products. B. track her sales carefully. C. lower her prices. D. understand her customers' values.
Answers (2)
A ___It's a written set of instructions that tells a bank how to use money to pay someone
Answers (1)
Tyler returned $500 worth of merchandise within the discount period. The entry to record the return is which of the following? A. Debit Purchases for $500; credit Accounts Payable $500 B.
Answers (1)