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mestny [16]
2 years ago
12

A negative relationship between the quantity demanded and price is called the law of:.

Business
1 answer:
vovangra [49]2 years ago
7 0

Answer:

the law of demand

Explanation:

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Convenience sampling is used, because the population is taken from a sample that easy to reach

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What determines how the burden of tax is divided between buyers and sellers? Why?
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Taxation is the means by which the government  gets most of its  revenue so it is the duties of private or publicly owned organizations and also the citizen to pay their taxes used by the government to fund all its projects. the taxes generated by the government are then divided among buyers and sellers.

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When a policy is surrendered for its cash value,?
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Is the general rise in prices throughout an economy.
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2 years ago
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Suppose Raphael and Susan are playing a game in which both must simultaneously choose the action Left or Right. The payoff matri
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The Dominant Strategy in a game is the strategy that a player will choose that will provide them with the highest payoff regardless of what the other player does.

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By choosing left Raphael makes a payoff of 4 if Susan picks Left as well and a Payoff of 6 if Sudan picks Right. This is better than him picking Right and he will get a Payoff of 3 if Susan chooses Right as well.

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The dominant strategy therefore is for RAPHAEL to choose LEFT and for SUSAN to choose RIGHT.

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