1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Alexeev081 [22]
3 years ago
11

This chart shows the link between

Business
2 answers:
aev [14]3 years ago
7 0

Answer:

interest in a product and the price a consumer pays.

Explanation:

mash [69]3 years ago
5 0

Answer:

This chart shows the link between the price of the graphic T-shirts against the quantity demanded.

Explanation:

The chart can be represented as follows;

Price of the graphic T-shirts                          Quantity demanded

                 $5                                                                  50

                 $7.50                                                             40

                 $10.00                                                           30

                 $12.50                                                            20

                 $15.00                                                            10

From the chart above we can see that there is a relationship between the price of the graphic T-shirts and the quantity of the shirts demanded. From the chart it can be seen that an increase in the price of the T-shirt causes a corresponding decrease in the quantity demanded. For example; a price of $5 causes a demand of 50 shirts while a price of $15 causes a demand of 10. From the chart, we can say that increasing the price from $5 to $15 caused a reduction in demand from 50 to 10. This generally means that an increase in price of the shirts make most of customers feel that they cannot afford it or that it has been overpriced, therefor they would rather not buy. This is what makes the demand for the T-shirts to go down with increasing T-shirt prices.

You might be interested in
In the PMBOK, the logical groupings of the five project management processes to achieve specific project objectives are called t
cupoosta [38]

In the PMBOK, the logical groupings of the five project management processes to achieve specific project objectives are called the:  project management process groups.

<h3>What are the Project Management Process Groups?</h3>

The project management process groups consist of five groupings known as initiating, planning, executing, monitoring, and closing.

The initiating stage is the stage where the basics of the project are thought out. The planning stage entails structuring the project.

After this, the plan is executed, monitored for progress, and finally closed.

Learn more about the Project Management Process Groups here:

brainly.com/question/8603302

7 0
3 years ago
Personal Consumption Expenditures$4,500 Consumption of Fixed Capital150 Gross Private Domestic Investment800 Government Purchase
Natali [406]

Answer:

The GDP in this economy is $6,230 billion.

Explanation:

The GDP can be calculated using the following formula:

Y = C + I + G + (X - M) ....................................... (1)

Where:

Y = GDP of the economy

C = Personal Consumption Expenditures = $4,500

I = Gross Private Domestic Investment = $800

G = Government Purchases = $950

X = Exports = $65

M = Imports = $85

Substituting the values into equation (1), we have:

Y = $4,500 + $800 + $950 + ($65 - $85)

Y = $6,250 - $20

Y = $6,230

Since the figures are in billions of dollars, the GDP in this economy is therefore $6,230 billion.

8 0
3 years ago
Perez Manufacturing purchased raw materials worth $ 4 comma 000 on account. The journal entry to record the purchase of raw mate
Natali [406]

Answer:

C. debit Raw Materials​ Inventory, $ 4 comma 000​; credit Accounts​ Payable, $ 4 comma 000

Explanation:

The journal entry to record the raw material purchased on the account is as follows

Raw material inventory A/c Dr $4,000

         To Account payable A/c $4,000

(Being the raw material is purchased on account)

Since the raw material is purchased, the same is increased the current asset so it would be debited while the account payable is credited as it also increased the current liabilities account

4 0
3 years ago
How are investments different from savings accounts?
ra1l [238]
Differences Between Saving and Investing. ... When you "invest," you have a greater chance of losing your money than when you "save." Unlike FDIC-insured deposits, the money you invest in securities, mutual funds, and other similar investments is not federally insured.
3 0
3 years ago
According to the eclectic paradigm, __________ is/are of considerable importance in explaining both the rationale for and the di
maks197457 [2]

According to the eclectic paradigm, <u>the monetary</u> is/ are of considerable importance in explaining both the rationale for and the direction of foreign direct investment.

The eclectic paradigm takes a holistic technique to analyze entire relationships and interactions of the various additives of an enterprise. The intention is to determine if a particular method presents a greater universal fee than another to be had country-wide or global choices for the manufacturing of goods or services.

Learn more about The eclectic paradigm here - brainly.com/question/29562310

#SPJ4

8 0
1 year ago
Other questions:
  • ______ try to influence government to produce collective goods or services that benefit the general public. Equal opportunity in
    15·1 answer
  • As a business person planning to open a new small business, you know that the business plan should not contain
    13·1 answer
  • Why is the world so reckless?
    10·1 answer
  • In Year 1, Sandy and Chris have adjusted gross income of $200,000. During the year, they provided more than half of the support
    8·1 answer
  • What does the hospitality industry contribute to an economy?
    8·1 answer
  • Natalie's team needs to make a decision on how to handle a big product recall. People on the team have a lot of strong opinions.
    15·1 answer
  • Identify each person below as structurally, frictionally, or cyclically unemployed.
    13·1 answer
  • Mike Morgan, a sales representative for a major food service distributor of Betty Crocker's Warm Delights, wanted to encourage r
    13·2 answers
  • g CVP analyses (18 points) MusicWizard, Inc. manufactures and sells trombones with the following price and cost characteristics:
    8·1 answer
  • Roles performed by<br> managers​
    8·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!