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noname [10]
3 years ago
5

If all other factors are equal, what will happen to the demand if the price of a product goes down? (Select the best answer.)

Business
2 answers:
SpyIntel [72]3 years ago
7 0
The demand will go up
Dominik [7]3 years ago
5 0

Answer:

Demand will go up.

Explanation:

Demand is majorly affected by a change in price, there is an inverse relationship between the two. If the price increase, demand would reduce. But when the price decrease, demand would increase. Especially when other factors are constant.

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Match each feature with the savings account type.
Marysya12 [62]

<u>1. Basic savings account  </u>

-allows ATM withdrawals  

-allows money transfer  

A savings account is an interest bearing deposit account held at a bank or other monetary foundation that gives an unassuming loan fee. The budgetary organizations may constrain the quantity of withdrawals you can make from your investment account every month. They additionally may charge expenses except if you keep up a specific normal month to month balance in the record. In most cases banks don't give checks investment accounts.  


<u>2. CD </u>

-offers a higher interest rate  

-has a maturity date


A certificate of deposit is a consent to store cash for a settled period with a bank that will pay you premium. You can contribute for three months, a half year, one year or five years. You will get a higher loan fee for the more drawn out time duty. You guarantee to leave all the cash, in addition to the enthusiasm, with the bank for the whole term.  

Basically, you are loaning the bank your cash as an end-result of premium. The CD is a promissory note that the bank issues you.

8 0
3 years ago
Read 2 more answers
Suppose your friend earned wages of $93,260, received $1340 in interest from a savings account, and contributed $6300 to a tax-
Kruka [31]

Answer:

Gross Income:

= Earned wages + Interest from savings + Interest on home mortgage

= 93,260 + 1,340 + 4,500

= $99,100

Adjusted gross income:

= Gross income - Tax deferred plan  - State taxes

= 99,100 - 6,300 - 1,359

= $91,441

Taxable income

= Adjusted gross income - Personal exemption - Standard deduction - Charity contribution

= 91,441 - 3,500 - 7,800 - 2,500

= $77,641

5 0
2 years ago
Adriana has borrowed $30,000 from her IRA in order to fund her startup costs. How long does she have to replace the money withou
nordsb [41]

Answer:

it is NOT 30 days

Explanation:

7 0
3 years ago
Read 2 more answers
Jaheem's business sells a single product. The following information was gathered from Jaheem's records: Price $24.00 per unit Va
pochemuha

Answer:

See below

Explanation:

With regards to the above, Jaheem's business profit increase is calculated as

= Fixed cost + Desired profit/Contribution margin

Given that;

Fixed cost = $400,000

Desire profit = $22,000

Contribution margin = $9.4

= $400,000 + $22,000/($24 - $14.6)

= $422,000/$9.4

= $44,894

Therefore, increase on profit

= $44,894 - $22,000

= $22,894

6 0
3 years ago
A study published in 2011 by the OECD noted that Group of answer choices the real household income of unskilled workers in the U
slavikrds [6]

Answer:

the gap between the poorest and richest segments of society in some OECD countries had widened.

Explanation:

A study published in 2011 by the Organisation for Economic Co-operation and Development (OECD) noted that the gap between the poorest and richest segments of society in some Organisation for Economic Co-operation and Development (OECD) countries had widened.

8 0
3 years ago
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