Answer:
It would be a Foster Home.
Explanation:
If you have ever seen the movie Shazam, Billy Batson was in a house with about 5 other kids which would be called, a Foster Home.
The inverse relationship between price and quantity demanded can be graphically illustrated by <u>a downward sloping curve.</u> Therefore, Option D is the correct statement.
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<h3>What is the relationship between price and quantity?</h3>
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The law of supply and demand is a keystone of present-day economics. According to this theory, the price of a good is inversely associated with the quantity offered.
This makes the experience for plenty of goods because the more high-priced it becomes, much fewer people could be capable of affording it and the demand will finally drop.
Therefore, The inverse relationship between price and quantity demanded can be graphically illustrated by <u>a downward sloping curve.</u> Option D is the correct statement.
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Answer:
people will buy less of the good.
Explanation:
Law of demand states that there is an inverse or negative relationship between the price of the goods and the quantity demanded for a good by the consumers.
Other factors remains the same, as the price of the goods increases then as a result the quantity demanded for that good decreases and on the other hand, as the price of the goods decreases then as a result the quantity demanded for a good increases.
A market with a higher prices are generally have a lower quantity demanded for the good because the price is not affordable.
Answer:
What is the arithmetic return for the stock?
- arithmetic returns basically refer to the mean (or average) of the returns = (16% + 12% + 19% + 17% + 18% - 1%) / 6 = 81% / 6 = 13.5%
What is the geometric return for the stock?
- geometric returns involves multiplying the returns and then squaring them = ⁶√(1.16 x 1.12 x 1.19 x 1.17 x 1.18 x 0.99) - 1 = 1.1328 - 1 = 0.1328 = 13.28%
Normally, geometric returns are lower than arithmetic returns, and they represent compounding rates.