As the price of computers falls the quantity of computer demand increases. This is an application of the law of demand.
What do you understand by the Law of Demand?
According to the law of demand, pricing has an inverse relationship with the number of goods purchased. Alternatively said, the quantity requested decreases as the price increases. Decreasing marginal utility is what causes this.
What is the Law of Decreasing Marginal Utility?
According to the law of diminishing marginal utility, consumption grows at the same time that the marginal utility from each new unit decreases. The incremental gain in utility caused by consuming one more unit is called the marginal utility. The word "utility" is used in economics to denote happiness or contentment.
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Explanation:
The IRS is a bureau of the Department of the Treasury and one of the world's most efficient tax administrators. In fiscal year 2020, the IRS collected almost $3.5 trillion in revenue and processed more than 240 million tax returns
Answer:
The correct answer is: a) true
Explanation:
According to the WTO, the 1994 Marrakesh Agreement states that "trade and economic endeavour should be conducted with a view to raising standards of living (...)" and this could be achieved, among other things, by "entering into reciprocal and mutually advantageous arrangements directed to the substantial reduction of tariffs and other barriers to trade (...)"
Source:
World Trade Organization: https://www.wto.org/english/docs_e/legal_e/04-wto_e.htm
The statement that comes with a check to identify the precise invoice being paid is known as a remittance advice. In addition to the money, it also contains information that a customer delivers to a seller. These details include the invoice amount, text notes, invoice number, and payment methods.
A document or contract may be amended, a signature of authorization may be used, or a public statement of support may be made. It is a letter of communication informing the seller of which unpaid invoices have been paid in full by the buyer and how.
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