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2 years ago

assuming everything else stays the same, an increase in the price of laptop computers will of laptop computers.

1 answer:

8 0

An increase in the price of laptop computers will decrease the quantity demanded of laptop computers.(option b)

<h3>What is the impact of an increase in price?</h3>

The law of demand postulates that there is an inverse relationship between price and the quantity demanded of a good. This means that if price of the good increases, the quantity demanded of the good declines. If price declines, the quantity demanded increases.

Thus, if the price of laptop increases, the quantity demanded of the good would decline. Only changes in the price of a good affects the quantity demanded of that good.

Here are the options:

Assuming everything else stays the same, an increase in the price of laptop computers will _____ of laptop computers.

a. decrease the quantity demanded

b. increase the demand

c. increase the quantity demanded

d. decrease the demand

To learn more about the law of demand, please check: brainly.com/question/26546773

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Answer:

$3,960

Explanation:

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The correct option will be "B. $3,960."

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3 years ago

For the year ended December 31, 2019, Davidson Mart had sales of $800,000 and cost of goods sold of $600,000. Davidson estima

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Answer:

800,000/600,000=1.33

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Adjusting Entry

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Explanation:

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3 years ago

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Answer:

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3 years ago

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damaskus [11]

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Test that measure conscientiousness essentially check to see if the prospective employee is capable of doing the tasks required of them well and with seriousness. The test will also show if the person is capable of showing the required diligence and care in their roles.

Such tests are free of bias in testing as conscientiousness can be measured evenly across cultures.

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3 years ago

Kaspar Industries expects credit sales for January, February, and March to be $202,100, $264,200, and $319,300, respectively. It

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Answer:

January $151,575

February $248,675

March $305,525

Explanation:

The computation of the cash collections is shown below:

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= January credit sales × month of sale collection percentage

= $202,100 × 75%

= $151,575

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= January credit sales × following month collection percentage + February credit sales × month of sale collection percentage

= $202,100 × 25% + $264,200 × 75%

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3 years ago