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
allsm [11]
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
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.

You might be interested in
The capital accounts of Hawk and Martin have balances of $160,000 and $140,000, respectively, on January 1, the beginning of the
Serhud [2]

Answer:

a. $213,000

Explanation:

8 0
3 years ago
To close the drawing account with a debit balance, credit the account for its balance and debit the owner's capital account. tru
pav-90 [236]
False is the answer.
8 0
3 years ago
What is the problem with companies pursuing patents specifically to hinder, or prevent, competition?
Alekssandra [29.7K]

Answer:According to the article, when companies earn patents specifically to prevent competition, it hinders the innovation of products that might actually be better. For instance, Bruce Nolop describes how his company had to pay more attention to the "minefield of existing patents than on the expected value that we could bring to customers." Rosabeth Moss Kanter suggests a "use it or lose it" solution to this problem. She thinks that a company that patents an item would be forced to use the patented idea or product or risk losing the patent. This idea would encourage more competition and prevent patent abuse.

Explanation:

3 0
3 years ago
Suppose that in 1969, the U.S. economy was operating close to potential. The budget deficit experienced by the United States in
Nataly [62]

Answer: primarily cyclical deficit

Explanation:

Budget deficit occurs when the government expenditure for a certain year is more than the revenue the government makes.

Since the the United States economy was operating close to potential. The budget deficit experienced by the United States in 1969 was primarily cyclical deficit.

3 0
3 years ago
How much total depreciation and amortization expense did Patnode record during 2015?
Oxana [17]

Answer:

d. $5,000

Explanation:

Patnode's information is missing, so I looked it up. I found the balance sheet for 2014 and 2015. Hope that it is the same question:

total depreciation expense for 2015 = change in accumulated depreciation (2015 - 2014) + change in accumulated amortization (2015 - 2014) = ($3,000 - $0) + ($3,000 - $1,000) = $3,000 + $2,000 = $5,000

3 0
3 years ago
Other questions:
  • The Retained Earnings balance was $24,100 on January 1. Net income for the year was $19,900. If Retained Earnings had a credit b
    11·1 answer
  • Failure to prepare an adjusting entry at the end of a period to record an accrued revenue would cause:A)net income to be oversta
    8·1 answer
  • Under the terms of the Treaty of Guadalupe Hidalgo, the United States Select one: a. officially acquired only Texas. b. gave up
    12·1 answer
  • Isocost lines Question 28 options: A) are dependent upon the costs of a firm's inputs. B) are dependent upon the technical effic
    12·1 answer
  • In what areas is Leslie's overspending hurting her budget?
    15·2 answers
  • When government is trying to raise tax revenue, it sometimes attempts to target higher-income people because they are in a bette
    15·1 answer
  • Evaluate the benefits and limitations of the change to the operations process being planned by the managing director.
    10·1 answer
  • Which description applies to the middle class in American society?
    6·2 answers
  • Assume the marginal propensity to consume is 0.75. What will happen if government spending increases by $100 billion
    8·1 answer
  • These bonds are not backed by any physical collateral. They are backed by the reputation and creditworthiness of the issuing com
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!