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2 years ago

Law of demand is defined as the relationship between price and quantity from a buyer's perspective.

Business

1 answer:

monitta2 years ago

7 0

It is true that the Law of demand is defined as the relationship between price and quantity from a buyer's perspective

<h3>What is law of demand?</h3>

The law of demand states that that as the price of a good increase, the quantity demanded will fall and as the price of a good falls, the quantity demanded also rise.

Here, consumers tend to buy more goods and services as the price go down or fall, hence more of a product will be purchased at lower prices than at higher prices.

Therefore, the Law of demand is defined as the relationship between price and quantity from a buyer's perspective

Learn more about law of demand here: brainly.com/question/1078785

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In attempting to release her anger, Jean repeatedly punches a pillow. This targeted aggression is an example of:_____

Marrrta [24]

Answer:

Displaced aggression

Explanation:

An aggression is defined as an intentional action or a behavior with the aim or goal is to harm another person.

Displaced aggression is simply an aggressive behavior or an action directed towards person/object that is not original source of provocation in the first instance. Humans simply wants to vent out their emotions so as not to bottle it up or do any thing bad so instead of commiting something that is against their intentions or the law, they tends to pass their aggression towards object or others.

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3 years ago

On December 31, 2017, Swan Company sold for $150,000 an old machine having an original cost of $170,000 and a book value of $120

gregori [183]

Answer:

the amount of the notes receivable net of the unamortized discount is $105,546

Explanation:

The computation of the amount of the notes receivable net of the unamortized discount is shown below:

= AMount payable for next two years × present value of an ordinary annuity at 9% for 2 years

= $60,000 × 1.75911

= $105,546

hence, the amount of the notes receivable net of the unamortized discount is $105,546

4 0

3 years ago

The comparative balance sheets for 2018 and 2017 are given below for Surmise Company.

ki77a [65]

Answer:

Explanation:

Net income - (159-173) (14)

Add back depreciation (137-108) 29

Add back amortization ( 26-25) 1

Operating profit 16

Increase in noncollectible account (24-4) 20

Increase in note payable (48-0) 48

Decrease in receivable (106-89) 17

Decrease in payable (42-19) (23)

Decrease in accrued liabilities ((20-4) (16)

Increase in prepaid expenses (19-16) (3)

Increase in inventory (132-110) (22)

Operating profit before tax 37

Financing activities

Common stock (69-50) 19

Issue of paid capital (261-205) 56

Lease income (122-0) 122

Redemption of bonds (132-64) (68)

Cash flow from financing activities 129

Investing activities

Long term investment ( 89-50) (39)

Building and equipment (400-270) ( 130)

Cash flow from investing activities (169)

Increase in cash ( 3)

Cash at the beginning of the year 58

Cash at year end 55

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4 years ago

The basis for designing an effective strategy for exporting begins with ________.

Lelechka [254]

Answer:

Identifying how the company can potentially leverage its core competency into international sales.

6 0

4 years ago

The account Paid-In Capital from Treasury Stock Transactions has a credit balance of $2,000. The corporation resells 450 share

ioda

Answer:

b. false

Explanation:

The journal entry is shown below:

Cash A/c Dr $1,350 (450 shares × $3)

Paid in capital - Treasury stock $2,000

Retained Earnings A/c Dr $1,150

To Treasury Stock A/c $4,500 (450 shares × $10)

(Being treasury stock is sold at lower price and the remaining amount would be debited to the retained earning account)

Hence, the given statement is false

8 0

3 years ago