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Kay [80]
1 year ago
14

The graph illustrates a change in the market for bicycles. Which statement could explain the graph?

Business
1 answer:
olchik [2.2K]1 year ago
7 0

Based on the graph that shows the change in the market for bicycles, the statement that explains the graph is The demand for bicycles increased due to news about the health benefits of exercise. The market price & quantity increased.

<h3>Which statement explains the supply and demand graph?</h3>

The question is not complete as the graph is not given. However, an answer can be formulated based on the laws of demand and supply.

The most likely option to be true is that the demand for bicycles increased due to news about its health benefits and then this led to the market price and quantity increasing.

This is because the increased demand for the bicycles would have drove the prices up. This would then have inspired suppliers to produce more bicycles thereby increasing bicycle quantity as well.

Find out more on demand increasing at brainly.com/question/4371942

#SPJ1

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Answer:

Some information is missing, specifically the % of credit sales. Similar questions use 80%, so I will use that %. Also, November sales were $85,000 and December sales were $115,000.

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Collection from Feb. sales                                $20,800               $41,600

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Total cash collections            $107,120             $116,880             $133,400

3 0
3 years ago
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Answer: (B) Legal responsibility

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The legal responsibility plays an important role in an organization or any company as it helps in ensure all the legal formalities done by the company with the supplier, manufacturer or deals with the other company.

According to the given question, the Rizenton-pharm is one of the type of pharmaceutical company that producing the various types of chemical waste on regular basis that affect the government regulations and also environment. So, the pharm has flailed for fulfill their legal responsibility.

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2 years ago
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We can also abstract such kind of meaning with are experience of abstraction.

8 0
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7 0
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