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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

1 answer:

guajiro [1.7K]3 years ago

6 0

Answer:

True

Explanation:

The variables price and quantity are inverse correlated then a change in 1 has the exact opposite effect in the other.

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A firm pursuing a best-cost provider strategy A. seeks to achieve the best costs by using the best operating practices and incor

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Answer:

The correct answer is letter "D": seeks to deliver superior value to buyers by satisfying their expectations on key attributes and beating rivals in meeting customer expectations on price.

Explanation:

Best-cost provider is a strategy by which suppliers attempt to provide consumers with high-quality products using methods of production that reduce costs. By doing so, suppliers would give more value to the money of their customers while meeting their expectations on the product purchased at the same time.

As production costs are lower, suppliers would be generating a comparative advantage.

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Antoine recently received an email from a fraudulent organization that sought his personal financial account information. Recogn

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Answer:

The answer is: Phishing

Explanation:

Phishing is carried out by individuals who are trying to scan users. This is done by sending emails to try to collect someone else's credit card information, online banking accounts, or other type of login information. Phishing can also be done through web pages that are designed to illegally collect their users' information.

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3 years ago

Which is an example of an external factor that may affect purchase decisions?

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Government policies specific to the entrepreneurs business is the answer. This is the only external factor.

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3 years ago

Esquire Comic Book Company had income before tax of $1,550,000 in 2021 before considering the following material items: 1. Esqui

olga2289 [7]

Answer:

Esquire Comic Book Company

Income Statement

For the Year Ended December 31, 2021

Operating income $1,550,000

Restructuring costs ($60,000)

Income from continuing operations b/ Taxes $1,490,000

<u>Income tax expense ($372,500)</u>

Income from continuing operations $1,117,500

Discontinued operations:

Operating income $610,000
Loss on disposal ($395,000)
<u>Income tax on discontinued operations ($53,750)</u>

Income from discontinued operations $161,250

<u>Net income $1,278,750</u>

Explanation:

Income from discontinued operations must be reported separately, but any restructuring costs must be included as operational expenses.

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When buying groceries, Suki swipes a card to electronically subtract money from her checking account to pay. She is essentially

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Answer:

A. a debit card

Explanation:

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2 years ago