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
Fudgin [204]
1 year ago
9

If the price of bananas increases from $0.75 a pound to $1.00 per pound, in the market for bananas this will cause:______.

Business
1 answer:
LiRa [457]1 year ago
7 0

Banana prices will move upward (to the left) along the demand curve if they rise from $0.75 per pound to $1.00 per pound in the market.

The demand curve is a graphical depiction of the connection between the cost of a commodity or service and the amount demanded over a specific time period. A common representation will have the price on the left-hand vertical axis and the amount needed on the right-hand horizontal axis.

The law of demand states that, when all other factors are equal, the quantity demanded for a given good will decrease as its price rises as shown by the demand curve moving from left to right.

Keep in mind that this formulation suggests that quantity is the dependent variable and price the independent variable. The independent variable often appears on the horizontal axis, or x-axis, although economics is an demand curve.

Learn more about demand curve here

brainly.com/question/13131242

#SPJ4

You might be interested in
Which of the following is/are true about specialists? I. Investment banks generally cannot be specialists. II. Specialists are u
Alborosie

Answer:

The correct answers are: I. Investment banks generally cannot be specialists. and V. Specialists help maintain continuous trading.

Explanation:

Stock market specialists execute purchase or sale orders commissioned by a stockbroker. In the same way, when there are not enough buyers or sellers, specialists buy or sell on their own against the market trend. That is, they have the obligation to buy when there is not enough demand and the obligation to sell when there is not enough supply, in order to provide stability and liquidity to the market. Specialists play a role comparable to that of an air traffic controller: just as air traffic controllers are in charge of maintaining order among aircraft in flight, specialists maintain a fair and orderly market in the values assigned to them.

7 0
3 years ago
The probability of incurring bankruptcy increases as a firm's debt/equity ratio decreases. false true
anyanavicka [17]
<span>The probability of incurring bankruptcy increases as a firm's debt/equity ratio decreases.

FALSE</span>
6 0
3 years ago
You oversee the $250 petty cash for your company. When an employee needs a special item that is not in inventory, you take money
sergey [27]

Answer:

Since this is the first time you have ever done this, is this a problem?

Of course this is a problem, you stole money. Stealing money is not right and it is a problem. If someone finds out, you will lose your job. legally, you could also be prosecuted, but the amount is very little. Another problem is that if you are able to go unpunished and no one finds out, this behavior will continue until you cannot hide it anymore. By then , the amount might be larger, not just a few dollars, and you will be in deep trouble.

If so, what steps should be taken to fix this problem? If not, why not?

Pay back the money you took. Simple as that. Sometimes, doing the correct thing is not difficult. Do not spend money on unnecessary things and pay the $30. Do it before this becomes a bad habit and you get into serious trouble that seriously damage your career. No company will hire someone fired for stealing money form their previous employer.

8 0
3 years ago
Jane Hernandez owns and operates a women’s clothing shop. Her product mix
natulia [17]

Answer: Our group will suggest strategy of Contraction of product mix

<u>Explanation:</u>

Our group will suggest a contraction of the product mix strategy. As per this strategy, we can eliminate one or more product lines or product items from the product mix. This will contract our product mix. The products like medical uniforms and women jeans which are having no sale and are not profitable now can be eliminated.

A company can target the customer for those products which are still in the product mix.

8 0
2 years ago
Detroit Corporation sued Chicago Corporation for intentional damage to Detroit's goodwill. Detroit had created its goodwill thro
Grace [21]

Answer:

d. The $1,500,000 is not taxable because Detroit settled the case

Explanation:

The $1,500,000 is not taxable because Detroit settled the case, Compensation received of damaging Goodwill is not taxable.

8 0
3 years ago
Other questions:
  • A factory produces gadgets that have two key parts. The factory can employ workers to attach those parts, or it can employ robot
    11·1 answer
  • A computer chip manufacturer claims that no more than 2 percent of the chips it sends out are defective an electronics company,
    14·1 answer
  • At a quantity of 130, marginal benefit equals ______ and marginal cost equals _____.
    7·1 answer
  • What three spending accounts can Leslie adjust now to better match what’s in her budget (select all that apply)
    11·1 answer
  • Because of its quality​ investments, Carolina Corporation has always generated​ 30% to​ 40% of its gross income from passive sou
    9·1 answer
  • Zytel Corporation produces cleaning compounds and solutions for industrial and household use. While most of its products are pro
    12·1 answer
  • Danube Corp. purchased a used machine for $ 10 comma 000. The machine required installation costs of $ 4 comma 000 and insurance
    12·1 answer
  • Managers perform an external analysis so that they know about​ ________.
    10·1 answer
  • Insurance sales, tax preparation, personal financial advising, and investment fund management are careers in which workers can b
    7·2 answers
  • Of all leadership variables, _____ leadership is the one most universally endorsed across cultures.
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!