Answer:
Option A is correct.
Explanation:
The reason is that when the demand curve is plotted in x-y plane, plotting price on the y-axis and demand on the y-axis, the price increase of gasoline would shift the demand to left which means if the price of gasoline increases the demand of gasoline decreases.
So the correct option is A.
Answer:
Amortizing loan.
Explanation:
Amortizing loan is the type where the principal and interest are paid in equal amounts till the loan is fully paid.
Usually payments are represented in an amortizing schedule. The payments are made up of part of the principal and the other part the interest paid together.
Jeff's loan of $275 monthly payments for 5 years is a form of amortizing loan.
The arrows need to be drawn pointing rightwards. The curve on the right tells about the new demand and the curve on the left tells about the old demand. \\
<h3>What is demand?</h3>
A demand curve is known to be a demand schedule that is said to be a table that depicts the quantity demanded of goods at each prices.
Note that a demand curve is said to be a graph that tells the quantity demanded at all price and as such, The arrows need to be drawn pointing rightwards. The curve on the right tells about the new demand and the curve on the left tells about the old demand. \\
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Answer:
a. the firm customizes the product for each country in which it competes.
Explanation:
A multi-domestic corporate-level strategy is an international business strategy that involves the customization of its product/service in each specific market it operates in. Although it is not as cost-efficient as a global strategy, it is a good way to appeal to a wide, diverse customer base throughout the world.
Answer:
Insurance is the procedure by which persons or companies exposed to a specific risk agree with an institution specializing in compensation for damage that the institution will indemnify the damage caused when the risk materializes. The resulting contract is called insurance.
From a commercial point of view, insurance can be defined as the means by which the cost of incidental damage can be converted evenly into a continuous annual cost on an annual basis.