Afactory produces blue and green widgets, both at equal production costs. in one day, the factory can make 20 widgets of either color. the factory has been making 10 blue and 10 green widgets per day because they both sell for $5.00. recently, the price of blue widgets has increased from $5.00 each to $8.00 each. how does the law of supply say the factory will respond to the increase in the price of blue widgets?

In three to four sentences, explain the effect of a price ceiling on the quantity of a good and who this intervention intends to assist

Cash flow is often a problem for small businesses. how can an entrepreneur increase cash flow? a) locate lower-priced suppliers. b) forego sending in estimated tax payments to the irs c) shorten the terms on a bank loan to pay it off more quickly d) sell more low-margin items.

Beagle autos is known for its affordable and reliable brand of consumer vehicles. because its shareholders expect to see an improved rate of growth in the coming years, beagle's executives have decided to diversify the company's range of products so that at least 40 percent of the firm's revenue is generated by new business units. however, the company's resources, capabilities, and competencies are limited to producing other forms of motorized vehicles, such as motorcycles and all-terrain vehicles (atvs). which type of corporate diversification strategy should beagle pursue?