Demand for bikes are suddenly increased and the market price has risen from 50 to 60. in 3 to 5 sentences explain how this change will affect profits

If the market price of bikes rises from $50 to $60, then the company will want to produce a larger quantity of bikes. This is because the overall marginal revenue is now higher and will be maximized differently. Before profit was maximized at six bikes, now the profit will be maximized by producing more bikes, perhaps seven.

Explanation:

sample response on edg

acts of terrorism occur globally. the united nations global counter-terrorism strategy was created in order to build adequate systems of support and solidarity with victims of terrorism. here´s a summary of the proposed key themes: the importance of giving victims a face and a voice; protecting their dignity; giving victims legal status and defending their legal rights; providing victims with medical, psycho-social and financial support; building solidarity with victims; improving media coverage of victims; and focusing on the link between victims and counter-terrorism efforts more generally.

there are indirect ways of affecting state laws   by with holding funding's. and that's why we have a 55mph speed on the high way with a design of 70mph speed.