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belka [17]
3 years ago
5

The price of producing a $4 chocolate bar goes up, so the seller of the chocolate bar raises the price to $5. A student describe

s the effect on the demand for the chocolate, saying, "Since the price goes up, the quantity demanded will go up." Evaluate the student's answer.
Business
1 answer:
lora16 [44]3 years ago
4 0
This is incorrect (what the student is saying) obviously the quantity should be bigger to be worth the $5 dollars you are spending. But what it is saying is since a chocolate bar once sold for $4 is taking more money to produce they need to raise the price so that they earn money as well. If they are spending all the money that they earn from that $4 chocolate bar then they earn nothing and business goes down. 
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Suppose the market for money, drawn with the value of money on the vertical axis and the quantity of money on the horizontal axi
ycow [4]

If the money supply increases, then at the old value of money there is an excess supply of money that will result in an increase in spending. The entire amount of money in circulation in an economy at any given time is referred to as the money market.

<h3>What is money market?</h3>

The money market is defined as dealing in debt with a maturity of less than one year. Investors use it to make a modest profit.

While governments and corporations use it to keep their cash flow constant. Long-term debt and equity instruments are sold and bought on the capital market.

Thus, excess supply of money that will result in an increase in spending.

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2 years ago
Which department is responsible for initiating the purchase of materials?
IceJOKER [234]
I would say the inventory department.
4 0
4 years ago
1. Everyone has the same amount of risk. True False
fredd [130]
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6 0
3 years ago
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Strike441 [17]

Answer: $2,250

Explanation:

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As the Cash-Basis taxpayer is the majority shareholder of the company, Stone may not deduct the amount from income until they have paid the tax payer because tax regulations state that when an Accrual Basis entity owes a majority owner who uses the Cash basis, they may not recognize the deduction until they have paid the owner.

In year 2 they paid ½ of the rent which is,

= 4,500/2

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They can therefore only deduct $2,250 in Year 2.

7 0
3 years ago
Is the economic term for the total money circulating at any one time in a country.
lisabon 2012 [21]
I think the correct answer is “Money supply”
3 0
3 years ago
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