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TEA [102]
1 year ago
5

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

Business
1 answer:
monitta1 year 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

#SPJ1

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For a long time, when a team from the American Football Conference won the Super Bowl, the stock market had a bad year; when a t
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This is an illustration of correlation without causation.

Explanation:

For Example:

The inspectors who are poorly informed calculate shoe size and decipher comprehension. You note that both are linked favourably. Their report claiming smaller feet lead to better reading skills is, of course, denied. Given the connection between the two, foot size does not affect better reading abilities.

First of all, age estimation is related both to the foot size and comprehension of the reading. The another missing element is a philosophical and analytical model that can be used to explain the causal relationships from age to foot and from age to understanding through reading. Older existence is associated with both and because we have a rational conceptual model for human experiences which is in line with such an explanation, we assume it is the origin of both.

7 0
3 years ago
Which of the following would not be used to create a personal balance sheet?
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The right answer for the question that is being asked and shown above is that: "b. Personal financial management software" Among the choices that would not be used to create a personal balance sheet is that <span>b. Personal financial management software</span>
4 0
3 years ago
Deep mines has 14 million shares of common stock outstanding with a beta of 1.15 and a market price of $42 a share. there are 90
Ugo [173]
Check the attached file for the answer.

3 0
2 years ago
Explain in your own words assertiveness and power distance as it relates to management. Provide your own examples. g
GalinKa [24]

Explanation:

Manage an organization is a complex task, which must be performed by a leader with well-developed skills. Currently, in the globalized era, where there is an intense flow of information and an extremely competitive market, there are leadership characteristics that cannot be overlooked.

In centralized organizations, there is less flexibility in the organizational structure, and power is concentrated in the hands of the highest hierarchical level of the organization, it is what can be called distance of power, which is a type of autocratic leadership where there is no greater participation decision-making.

However, this characteristic is less and less recurrent in a market marked by cultural and technological interactions.

Business management by an autocratic leader is being replaced by assertiveness, which is the characteristic of a democratic leader, whose focus is on the inclusion of people, assistance and leadership aimed at creating an organizational culture based on ethical concepts, respect and reliability .

Therefore, in the current scenario, where companies have a highly valued social responsibility, leadership must be focused on the inclusion and appreciation of employees, creating a sense of unity and appreciation so that there is a positive work environment and increase their position in the market

7 0
3 years ago
he following data are to be used for Questions 4 and 5. The parentheses indicate amounts that should be subtracted in the comput
ivann1987 [24]

Answer:

t= 0.4138

Explanation:

First, we need to accommodate the information:

Sales= 10,000

COGS= 6000 (-)

Gross profit= 4000

Operating, selling, general and administrative expenses= 2300 (-)

Net operating income= 1700

Interest= 250 (-)

Earnings before taxes= 1450

TAX= 600 (-)

Net income= 850

t= ?

t= 600/1450= 0.4138

5 0
3 years ago
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