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Kazeer [188]
2 years ago
6

The nature of demand indicates that as the price of a good increases.

Business
1 answer:
Serga [27]2 years ago
6 0

The nature of demand indicates that as the price of a good <u>increases</u> D) buyers desire to purchase <u>less</u> of it.

<h3>What is the demand curve?</h3>

The demand curve is a graphic representation of the relationship between price and the quantity demanded.

All things being equal, the demand curve shows a downward sloping demand when the price of goods increases because buyers purchase less quantity of the goods.

<h3>Answer Options:</h3>

A) suppliers wish to sell less.

B) more of it is produced.

C) more of it is desired.

D) buyers desire to purchase less of it.

Thus, the nature of demand indicates that as the price of a good <u>increases</u> D) buyers desire to purchase <u>less</u> of it.

Learn more about the nature of demand at brainly.com/question/15252089

#SPJ1

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The management of Ballard MicroBrew is considering the purchase of an automated bottling machine for $55,000. The machine would
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The management of ballard microbrew is considering the purchase of an automated bottling machine for $55,000. the machine would replace an old piece of equipment that costs $15,000 per year to operate. the new machine would cost $7,000 per year to operate. the old machine currently in use could be sold now for a salvage value of $26,000. the new machine would have a useful life of 10 years with no salvage value. required: 1. what is the annual depreciation expense associated with the new bottling machine? 2. what is the annual incremental net operating income provided by the new bottling machine? 3. what is the amount of the initial investment associated with this project that should be used for calculating the simple rate of return? 4. what is the simple rate of return on the new bottling machine? (round your answer to 1 decimal place i. e. 0.123 should be considered as 12.3%.)

Anyways goodluck!!
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The reliance on one commodity explains why they are classified as a peripheral economy.

<h3>What is a peripheral economy?</h3>

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