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S_A_V [24]
2 years ago
11

Categorize each scenario as describing a movement along a demand curve or a shift of the demand curve.

Business
1 answer:
Romashka-Z-Leto [24]2 years ago
8 0

a. College students reduce how much detergent they use for each load of laundry in response to higher detergent prices.

(demand curve)

b. College students rush and buy discount furniture to take advantage of an unexpected price drop.

(Shift of a demand curve)

c. College students purchase many more energy drinks during finals week than during the rest of the semester.

(Demand curve)

d. Students eat out more often as the federal government increases how much grant money it provides students.

(Shift or a demand curve)

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1) Write an SQL statement for the HAPPY INSURANCE database that adds the column ClientPhone to the table CLIENT.
Sindrei [870]

An SQL statement for the HAPPY INSURANCE database that adds the column ClientPhone to the table CLIENT is:

ALTER TABLE dbo.CLIENT

ADD ClientPhone

<h3>What is SQL?</h3>

This refers to the use of databases to perform computations such as UPDATE, ADD, ALTER TABLE, etc.

Hence, the use of Structured Query Language would help to add to a database and this would be done using the ALTER TABLES function as shown above.

Read more about SQL here:

brainly.com/question/25694408

#SPJ1

7 0
2 years ago
The proceeds of a 10,000 death benefit are left on deposit with an insurance company for seven years at an annual effective inte
11111nata11111 [884]

Answer: $135

Explanation:

First find the future value of the proceeds.

= 10,000 * (1 + 5%)⁷

= $14,071

The monthly payments are equal so X is an annuity and as the payment is made immediately, this is an Annuity due.

Convert the interest rate into monthly figure:

= 3%/12

= 0.25%

Present value of annuity = Annuity * (( 1 - (1 + r)^-n ) / r) * (1 + r)

14,071 = Annuity * ((1 - (1 + 0.25%) ⁻¹²⁰) / 0.25%) * (1 + 0.25%)

14,071 = Annuity * 103.82

Annuity = 14,071 / 103.82

= $135.53

= $135

5 0
3 years ago
The Donaldson Furniture Company produces three types of rocking​ chairs: the​ children's model, the standard​ model, and the exe
lions [1.4K]

Answer and Explanation:

According to the scenario, computation of the given data are as follow:-

We assume that

X = No. of children

Y  = Standard type

Z = Executive type

So,

5x + 4y + 7z = 185.........(1)

3x + 2y + 5z = 115.........(2)

2x + 2y + 4z = 94

x + y + 2z = 47.........(3)

Equation (2) multiply by 2

6x + 4y + 10z = 230

From equation (1) to (2)

5x + 4y + 7z = 185

6x + 4y + 10z = 230

-x + 0 - 3z = -45

x + 3z = 45.......(4)

Equation (3) multiply by 4

4x + 4y + 8z = 188

From equation (1) to (3)

5x + 4y + 7z = 185

4x + 4y + 8z = 188

x + 0 - z = -3

- x + z = 3……(5)

From equation (5) to (4)

x + 3z = 45

-x + z = 3

4z = 48

Executive type = Z = 48 ÷ 4 = 12

Z = 12 in equation (5)

-x + 12 = 3

x = 9 (children type)

x=9, z=12 in equation 1

5x + 4y + 7z = 185

5 × 9 + 4 × y + 7 × 12=185

45 + 4 × y + 84 = 185

4y = 56 ÷ 4

Y= 14(Standard type)

8 0
3 years ago
When a _________ matures, you receive your entire investment back plus any remaining interest.
kiruha [24]
Bond is correct answer.

When a bond matures, you receive your entire investment back plus any remaining interest.

Hope it helped you.

-Charlie
7 0
3 years ago
The transactions demand for money sometimes directly and sometimes inversely with nominal Gross Domestic Product (GDP). varies i
Lunna [17]

Answer: Varies directly with nominal Gross Domestic Product (GDP).

Explanation:

The Transactions Demand for money refers to money that is kept by individuals, companies and even the Government to be able to purchase goods and services.

It varies directly with Nominal GDP because Nominal GDP includes inflation.

If Nominal GDP were to rise for instance, it would mean that Inflation has risen as well which means that people would need more money to be able to buy the now more expensive goods and services. This is an increase in Transactions Demand for money.

The reverse holds true signifying indeed that Transactions Demand for money varies with Nominal GDP.

5 0
3 years ago
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