The model and concepts used to develop the economics of __ are similar to those used to illustrate the effects of:

Your boss would like your help on a marketing research project she is conducting on the relationship between the price of juice

djverab [1.8K]

Answer: The law of demand

Explanation:

The tabular representation (demand schedule is down below)

Price of Juice (Dollars per can) Quantity Demanded(Billions of can)

2000 0.5

1500 0.75

1000 1

750 1.25

From the table above and the graphical representation attached, <u>the law of demand</u> is confirmed. The law of demand states that the price of a good and the quantity demanded are inversely proportional.

Notice that when the price of the juice increases, the demand decreases and when the price decreases, the demanded increases. This shows that majority of consumers will be more willing to make purchases when there is a decrease in price.

Check the attachment for the graphical representation.

Download xlsx

5 0

2 years ago

On January 1, Franz Co. accepted a 30-day, 6% note in the amount of $5,000 from Bria Co., a customer. On January 31, the due dat

Blababa [14]

Answer:

The answer is:

Dr Cash $5,025

Cr: Receivable $5,000

Cr: Interest Revenue $25

Explanation:

The year is 360 days.

Annual rate is 6%

Therefore, interest rare for the 30-day is 1.5%[(90/360) x 6%]

So, the interest on the rate is:

0.5% x $5,000

$25.

The total amount collected from Bria will be principal + interest

$5,000 + $25 = $5,025

According to the accounting rule, debit increases asset and expenses and vice-versa while credit decreases liability, equity, income and vice versa.

So we have:

Dr Cash $5,025

Cr: Receivable $5,000

Cr: Interest Revenue $25

4 0

3 years ago

The ________ the cost of a home, the ________ the insurance. A higher; higher B higher; lower C lower; higher D none of the abov

nydimaria [60]

Answer:

The salad bar has been the place with the multiple salad options at the counter. The disadvantage at school has been the increased cost.

What is the purpose of salad for students?

The salad has been given as the practice of the addition of the nutrition in the form of a tasty and healthy meal.

The addition of the salad bar to the school menu results in the increased cost of the meal for the students, which acts as a disadvantage to the students and the school. Thus, option C is correct.

Learn more about salad bar, here:

brainly.com/question/1042123

Explanation:

The salad bar has been the place with the multiple salad options at the counter. The disadvantage at school has been the increased cost.

What is the purpose of salad for students?

The salad has been given as the practice of the addition of the nutrition in the form of a tasty and healthy meal.

The addition of the salad bar to the school menu results in the increased cost of the meal for the students, which acts as a disadvantage to the students and the school. Thus, option C is correct.

Learn more about salad bar, here:

brainly.com/question/1042123

5 0

2 years ago

What is the book value of muffin's masonry's assets today and the market value of these assets

pishuonlain [190]

Answer:

13

Explanation:

7 0

3 years ago

Accounting: A. measures business activities. B. is often called the language of business. C. processes data into reports and com

Anvisha [2.4K]

Answer: Is all of the above.

Explanation:

Accounting involves the process of taking accurate records of financial and non-financial activities of a business organization. Accounting is the language of business as it is needed for every business to succeed, also in accounting, records are kept that are useful in decision making.

7 0

3 years ago