The law of demand state correct option is (a) price and quantity demanded are inversely related.
What is law of demand states?
The law of demand is a fundamental principle of the economic idea of higher price leads to a lower quantity demanded and that a lower price leads to a higher quantity demanded.
The rule of demand, if all other variables remain constant, the price and quantity desired of any good or service are inversely related. When the price of a product rises, the demand for that product low as well.
As result, the law of demand states as remain constant towards a price and quantity demanded are inversely related.
Learn more about law of demand states, here:
brainly.com/question/10782448
#SPJ1
Answer:
The correct answer to the following question will be Option D.
Explanation:
- A community or culture under which customers meet & connect who shares a collection of social relationships based on use or involvement in such a commodity, termed as a Brand community.
- It offers corporations the chance to communicate more often with their customers, particularly true with either the presence of social networking sites.
The other three choices are not related to this type of community. So that Option D is the right answer.
Answer:
Account Title Dr Cr
Supplies Expense (22,150+9,350-8,810)..............22690
Supplies....................................................................................22690
Interest Receivable .....................................................450
Interest Revenue .......................................................................450
Rent Revenue.............................................................$7,000
Unearned Revenue...............................................................$7,000
Answer:
Dr Land $146,440
Cr Common stock (3,380 shares×$12 par value) $40,560
Cr Paid in Capital in excess of Par common stock $105,880
Explanation:
Arasota Company Journal entry
Dr Land $146,440
Cr Common stock (3,380 shares×$12 par value) $40,560
Cr Paid in Capital in excess of Par common stock $105,880
