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Ivenika [448]
1 year ago
13

which of the following is an example of movement along a demand curve? a.) the price of burgers has increased, so consumers are

buying more hot dogs. b.) tomatoes have become more expensive, so consumers are buying fewer tomatoes. c.) consumers are buying more t-shirts because their incomes have increased. d.) consumers are buying less coffee because tea is cheaper.
Business
1 answer:
liraira [26]1 year ago
5 0

<u>The </u><u>option B</u><u> is an example of movement along a demand curve.</u>

The <em>other choices</em> do not represent movement along the demand curve.

  • A is an example of <u><em>substitution</em></u>
  • C is an example of <u><em>an increase in demand</em></u>
  • D is an example of a <u><em>decrease in demand</em></u>

<h3>Which of the following is an example of movement along a demand curve? </h3>

  • Option B. <em>Tomatoes have become more expensive, so consumers are buying fewer tomatoes</em>.

<u>Movement along</u><u> a </u><u>demand curve</u> is a change in quantity demanded in response to a change in price. In the example given, <em>the price of tomatoes</em> has <u>increased</u>, so consumers are buying fewer tomatoes.

Learn more about Demand: brainly.com/question/1245771

#SPJ4

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At December 31, 2012 and 2011, Miley Corp. had 180,000 shares of common stock and 12,000 shares of 6%, $100 par value cumulative
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Answer:

$2.5 per share

Explanation:

Earning Per share is the amount of earning for the period that allocated to each share. Normally it is calculated using common shares. The earning used in this calculation is purely the earning that is associated with the shareholders of the company. We can have this earning after deducting all the expenses and preferred dividend as well.

Formula:

Earnings per share = Net Income / Numbers of common Shares

Earnings per share = $450,000 / 180,000

Earnings per share = $2.5 per share

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3 years ago
_____ determines the boundaries of the firm along three dimensions: vertical integration (along in the industry value chain), di
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Answer:

The correct answer is D

Explanation:

Corporate strategy is the kind of strategy which plan to select as well as develop the specific markets in which to compete when improving the divisions as well as units of the business.

This strategy involve 2 components, which are moving to new industries and diversification, which states expanding the area of the market.

So, the corporate strategy is the one which determine the boundaries of the business in 3 dimensions like geographic scope, diversification and vertical integration.

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3 years ago
1,Darla completed a two-year degree to become a registered nurse, but she still must work under the supervision of another nurse
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energy and power technology

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3 years ago
At​ year-end, Sample has cash of $ 14,000​, current accounts receivable of $ 70,000​, merchandise inventory of $ 42,000​, and pr
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Answer:

Days to collect receivables = 26 days

Explanation:

At the start Accounts Receivable = $10,000

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Average Accounts Receivable = ($10,000 + $70,000) / 2

Average Accounts Receivable = $40,000

Accounts Receivable Turnover = Credit Sales / Average Accounts Receivable

Accounts Receivable Turnover = $560,000 / $40,000

Accounts Receivable Turnover = 14

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7 0
3 years ago
You're trying to save to buy a new $230,000 Ferrari. You have $32,000 today that can be invested at your bank. The bank pays 5.5
s344n2d4d5 [400]

Answer:

37 years

Explanation:

We know,

Future value = Present value (1 + r)^n

Given,

Future value, FV = $230,000;

Present value, PV = $32,000;

Interest rate, r = 5.5% = 0.055;

We have to determine how many years later I can purchase the Ferrari.

Now, putting the values into the formula, we get,

FV = PV × (1 + r)^n

or, $230,000 = $32,000 × (1 + 0.055)^n

or, $230,000 ÷ $32,000 = (1 + 0.055)^n

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or, log 7.1875 = n × log 1.055

or, n × log 1.055 = log 7.1875 [Changing the side]

or, n = log 7.1875 ÷ log 1.055

Using financial calculator/Scientific Calculator,

or, n = 0.8566 ÷ 0.0233

Therefore, n = 36.76 or almost 37 years.

4 0
3 years ago
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