Answer:
The correct answer is letter "C": a fall in the price of tennis balls.
Explanation:
The demand law explains the relationship between the price of a product and its quantity demanded. As the price increases, the quantity demanded decreases moving the demand curve to the left. As price decreases, the quantity demanded decreases, moving the demand curve to the right.
Therefore, <em>if the demand curve for tennis balls moves to the right, the price has fallen increasing the quantity demanded.</em>
Answer:
true
Explanation:
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I believe the correct answer from the choices listed above is option D. The scenario that demonstrates the function of money as a measure of value would be that Sharad decides to offer his services as a typist. he asks for $3 per page. a new client prefers $2 per page. They settle at $2.50 per page. <span>Closely linked with the service of </span>money <span>as a </span>medium of exchange <span>is its </span>function as a measure of value.<span>
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In bullwhip effect , demand variability increases as one move up the supply chain away form the retail customer. The variability will increase as it move to the higher up.
An example of an organization that would be affected by this is : A coffee bean farm.
Answer:
The Journal entry is as follows:
D. Hopkins, Capital A/c Dr. $210,000
To cash A/c $200,000
To M. Hammer's Capital A/c $5,000
To P. Houghton's capital A/c $5,000
(To record the amount of Hopkins Capital balance)
Workings:
Income = D. Hopkins, Capital - Cash payment after his death
= $210,000 - $200,000
= $10,000
$10,000 is divided equally among M. Hammer and P. Houghton.
