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Nuetrik [128]
3 years ago
6

The Law of Demand is a rule stating that more will be demanded at lower prices and less at higher prices; inverse relationship b

etween price and quantity demanded.
Question 14 options:
True
False
Business
2 answers:
Tomtit [17]3 years ago
6 0

Answer:

I also got TRUE

Explanation:

MariettaO [177]3 years ago
4 0

Answer:

True

Explanation:

The law of demand is an economics principle which states that the demand for goods or services will go up if prices reduce. This law argues that there an inverse relationship between the price and quantity demanded.  The lower the price, the higher the demand. For example, if the price of bread goes up, then its demand will go down.

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Tyrone is reviewing customer response forms and learns that while some people like the company's new outerwear designs, the majo
Vsevolod [243]

Answer:

Feedback

Explanation:

Feedback is the response you get from the customers.

4 0
3 years ago
Kegler Bowling installs automatic score-keeping equipment with an invoice cost of $190,000. The electrical work required for the
kogti [31]

Answer:

 $229,550  

Explanation:

The computation of the total recorded cost is shown below:

Particulars  Total cost Included or  Excluded Machinery Expense

Invoice cost $190,000 Included                         $190,000  

Electrical work

required

for installation  $20,000 included                         $20,000  

Delivery costs  $4,000         included                          $4,000  

Sales tax      $13,700         included                           $13,700  

Repair costs   $1,850          excluded                                   $1,850

Total            $229,550                                      $227,700 $1,850

The invoice cost, electrical cost, delivery cost, sales tax included in the machinery and the repair cost is an expense so it come under the expense  

8 0
3 years ago
In the restaurant industry, a large number of restaurants cater to similar customer needs. However, each restaurant makes its pr
netineya [11]

Answer: Monopolistically competitive structure.

Explanation:

The restaurant industry as described in the question is a Monopolistically competitive structure. In the Monopolistically competitive structure different businesses offer a similar product for sale and they try to make their products unique and can set their prices without considering the price set by their competitors. The Monopolistically competitive structure is difficult market for new businesses to break into.

6 0
4 years ago
Landers Flynn Inc. has 1,000 shares of $5 cumulative preferred stock outstanding. Dividends were not paid last year. The corpora
yanalaym [24]

Answer:

The preferred stockholders $10,000

Common stockholders $4,000

Explanation:

The cumulative effect of the preferred stock is that the holders are entitled to arrears of dividends, in other words, they would receive this year last year's dividends in addition to current year's.

annual preferred stock dividends=dividend per share*number of preferred stock.

annual preferred stock dividends=$5*1000=$5000

dividends for 2 years=$5000*2=$10,000

common stock dividends=$14,000-$10,000=$4000

8 0
4 years ago
Suburbanization of more developed countries is due to what?
yKpoI14uk [10]

Answer: Lifestyle change/desire to change it is the suburbanization of more developed countries.

Explanation: More developed countries have suburbanized areas which are houses on larger, private lots and their own driveways. More developed countries have the ability to build and maintain suburbanized areas monetarily and by use of equipment than poorer countries.

4 0
3 years ago
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