1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
andrezito [222]
2 years ago
13

As the benefit of consuming more of a good falls with each additional unit, the price consumers are willing and able to pay also

falls with increased consumption. this scenario describes:_____.
Business
1 answer:
eduard2 years ago
7 0

As the benefit of consuming more of a good falls with each additional unit, the price consumers are willing and able to pay also falls with increased consumption. this scenario describes a downward-sloping demand curve

<h3>What is a Demand Curve?</h3>

This refers to the graph or pictorial representation that shows how the demand for a commodity or service varies with changes in its price.

Hence, we can see that As the benefit of consuming more of a good falls with each additional unit, the price consumers are willing and able to pay also falls with increased consumption. this scenario describes a downward-sloping demand curve

Read more about demand curve here:

brainly.com/question/9387886

#SPJ1

You might be interested in
The cost of a pair of jeans was changed from $78 to $68. 64. What was the percent change?.
alisha [4.7K]

Answer:

-12.00%

Explanation:

I hope this helps, have a wonderful day, and enjoy your assignments!

:p

~sunny~

6 0
2 years ago
Read 2 more answers
You live in a culture in which people grow their own food and rarely have to buy food from others.One day,a researcher from the
earnstyle [38]

Answer: $25

Explanation:

The Dictator game is used to measure just how much a person will act out of self interest especially give their surrounding. One person will be the dictator and the other a recipient who would be a stranger. The dictator will decide how much they are to give the recipient.

You live in a culture where you do not have to buy food and as this is a significant expense for humans, it means that you do not need much money. Regardless of this however, it has been shown that people would not give out the majority of their money which means that you would not give out 50% or above of the money.

As 50% is $25 here, that would be the correct option.

5 0
3 years ago
the fair value of Blossom is estimated to be $820,800. The carrying value of Blossom’s net identifiable assets, including the go
Greeley [361]

Answer:

Cullumber Company

Journal Entry:

Debit Loss on Goodwill Impairment $34,200

Credit Goodwill $34,200

To record the loss on goodwill impairment.

Explanation:

a) Data and Calculation:

Fair value = $820,800

Carrying value of net identifiable assets, including goodwill = $855,000

Goodwill impairment = $34,200 ($855,000 - $820,800)

b) Cullumber, which acquired Blossom is expected to check for the impairment of goodwill yearly.  The impairment occurs when the carrying value of the net identifiable assets of Blossom is more than the fair value of Blossom.  Generally Accepted Accounting Standards require the annual review of the fair value of goodwill to check for its impairment.  By the above entry, the goodwill will be reduced by $34,200 and a loss debited in Cullumber's accounts.

4 0
3 years ago
While setting the price of a product, what must managers consider? A cost of the whole marketing mix B) buying capacity of the c
Naddik [55]

Answer:

While setting the price of a product, managers must consider all of the following: A) cost of the whole marketing mix B) buying capacity of the customers C) profit it should bring the company D) transportation cost E) personnel cost to the company

Explanation:

Key factors in calculating the sale price can be:

  • Costs are a major factor in determining the selling price and a way of forming a price that is primarily related to costs called “ground” because it represents the minimum at which the price can be set. It includes cost plus other costs with no projected or minimal profit;
  • Demand/buying capacity as a key factor in price calculation is tied to a method called the "ceiling" because capacity exceeds the price limit that customers are willing to accept to get a product or service.
  • Competition as a pricing factor refers to alternatives that customers can choose from, and competition allows them to do so;

Cost-based pricing has its sub-methods such is Cost plus method

The basic principle is to add a rate of profit to the sum of direct and indirect costs. This way price consider a profit to it should bring to company.

Direct costs include material and labor costs, and indirect or general costs comprise a portion of fixed indirect costs such as depreciation, administration costs, sales costs and other general costs.

Formula: price = Direct costs + Indirect costs + Rate of profit

5 0
3 years ago
Which statement shows that money is a "store of value?"
GREYUIT [131]
The third one is most appropriate ! as it shows that the money can be stored and later we can use !
3 0
3 years ago
Read 2 more answers
Other questions:
  • Dividing a stock's current price per share by the issuing company's earnings per share results in
    15·2 answers
  • On august 1, harvey company offered to pay $13,000 for equipment that was advertised as being sold for $19,000 by carrone compan
    9·1 answer
  • In January, a customer buys 100 shares of ABC stock at 450. Eleven months later in December, the stock is trading at $60. The cu
    6·1 answer
  • Makes our arms, legs, and head move
    13·2 answers
  • What term describes the execution of business transactions in a paperless environment, primarily through the Internet
    5·1 answer
  • Which statement is FALSE concerning the skin's role in protection?Which statement is FALSE concerning the skin's role in protect
    13·1 answer
  • Alpaca Corporation had revenues of $245,000 in its first year of operations. The company has not collected on $18,800 of its sal
    13·1 answer
  • Rising of inflation rate is under which PESTLE element​
    6·1 answer
  • Suppose the government decides that every family should own its own home. To bring this about, the government decides to subsidi
    15·1 answer
  • Pablo assured his team that he would advocate for them to receive a much-deserved pay increase. However, when pablo met with the
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!