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
Marina CMI [18]
1 year ago
9

How will a drastic fall in the price of necklaces affect the quantity of necklaces that rachel supplies? explain your answer. 12

pt
Business
1 answer:
Eduardwww [97]1 year ago
5 0

Price and quality exist positively correlated.  A drastic fall in the price of a necklace shows a drastic fall in its quality.

<h3>What is price?</h3>

A price exists as the quantity of payment or compensation provided by one group to another in return for goods or services. In some situations, the price of production has various names. If the product exists as a "good" in the commercial exchange, the payment for this product will likely be named its "price".

A positive correlation exists as a connection between two variables that move in tandem—that is, in the same direction. A positive correlation exists when one variable decreases as the other variable declines or one variable increases while the other increases.  A positive correlation indicates that both variables change in the same direction. A negative correlation indicates that the variables change in opposite directions. A zero correlation signifies there's no association between the variables.

Price and quality exist positively correlated. The price of a product stands as a good indicator of its quality. You always have to spend a bit more for the best. The marketing literature has managed the usage of price as a surrogate for quality as a decision-making heuristic. That exists; the higher the price, the higher the quality.

Therefore, a drastic fall in the price of a necklace shows a drastic fall in its quality.

To learn more about positive correlation refer to:

brainly.com/question/17104826

#SPJ4

You might be interested in
One of the examples given by Agnew and Brezina as a way to reduce crime by reducing situational strains is to:
Len [333]

Answer:

Reduce the amount of media violence.

Explanation:

Reducing crime reducing situational stains is the method to minimize the impact of crime and being it public. Media is the most effective way which reports details of crime very quickly. Agnew and  Brezina had tried to reduce the impact of crime and avoid distribution of details to public about the reported crime to reduce situational stains.

7 0
2 years ago
On September 1, Year 1, Gomez Company collected $9,000 in advance from a customer for services to be provided over a one-year pe
Leya [2.2K]

Answer:

$3,000 and $9,000

Explanation:

In the income statement only four months revenue is recorded i.e from September 1 to December 31      

= $9,000 × 4 months ÷ 12 months

= $3,000

And, under the operating activities the whole amount i.e $9,000 is to be recorded and added to the net income as it is inflow of cash and the same is added using the direct method of the cash flow statements

4 0
3 years ago
Erik is giving a speech in his art history course. he has carefully prepared his presentation and plans to deliver it from a bri
Bogdan [553]
Hey there,

Answer: <span>Extemporaneous speech

Hope this helps :D

<em>~Top♥</em>
</span>
3 0
3 years ago
Bank service charges = $20 Deposit outstanding = $150 Interest earned on the bank account = $10 Checks outstanding = $400 Which
m_a_m_a [10]

I think the deduct checks outstanding should be deducted from the bank balance and deposit outstanding should be added to the bank balance

6 0
3 years ago
Mateo’s instructor tells him that before he goes further in his job search, he needs to engage in some introspection. How would
Alex17521 [72]

He is journaling about his strengths and weaknesses is Mateo’s actions BEST demonstrate introspection. Because then only he can understand the potential of himself for doing anything.

<h3>What is the strength and weakness?</h3>

Strengths are the potential traits and skills that a person poss of and with the help of the strength, the person build themselves in a job career.

Weakness is the skills and trait that is considered negative for any person that lags them down in the career, they always tried to overcome their weakness.

Thus, option B is correct.

For more details about strength and weakness, click here:

brainly.com/question/1287006

#SPJ1

7 0
1 year ago
Other questions:
  • You work for Whittenerg Inc., which is considering a new project whose data are shown below. What is the project's Year 1 cash f
    6·1 answer
  • A customer tells you that they “must have” a particular item that you are out of in your store. You can tell that the customer i
    5·1 answer
  • Leno Company sells goods to the Fallon Company for​ $10,000. It offers credit terms of​ 2/10, n/30. If Fallon Company pays the i
    6·1 answer
  • Suppose that in the fictional country of Albireo the work-eligible population is 180 million, there are 110 million workers in t
    12·1 answer
  • A narrow market focus is to a differentiation-based strategy as a __________________. technological innovation is to a cost-base
    13·1 answer
  • Which economic term is considered a resource?
    7·1 answer
  • Please hurry!
    6·1 answer
  • Below are the transactions for Salukis Car Cleaning for June, the first month of operations.
    15·1 answer
  • Finerly Corporation sells cosmetics through a network of independent distributors. Finerly shipped cosmetics to its distributors
    5·1 answer
  • Who here plays 7ds grandcross
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!