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Inessa05 [86]
3 years ago
10

When the price of a good increases, the quantity demanded ______. when the price of a good decreases, the quantity demanded?

Business
1 answer:
VLD [36.1K]3 years ago
4 0
When the price of a good increases, the quantity demanded decreases. When the price of a good decreases, the quantity demanded increases.
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arn​ Basket, Ltd., sells​ hand-knit scarves. Each scarf sells for​ $40. The company pays​ $150 to rent a vending space for one d
spayn [35]

Answer:

The total revenue needed to break even is $206.90 per day

Explanation:

The break even point of revenue is the total revenue earned by the firm where total revenue equals total cost and there is no profit or no loss. The break even in dollars can be calculated using the following formula,

Break even in dollars = Fixed cost / Contribution margin ratio

Contribution margin ratio = (Selling price per unit - variable cost per unit) / Selling price per unit

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The fixed cost per day is the cost of the vending space of $150.

Break even in dollars = 150 / 0.725   = $206.896 rounded off to $206.90

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2 years ago
Which strategy works best to help people feel more comfortable in meetings?
kogti [31]
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As you are to do this, this would then make the person feel great, as in comfortable, and welcomed. You would also want for them to feel welcomed, make sure that you would speak with good manner, and also, as you are to do this, these people may even attend future meetings without a invitation, and therefore, this would then allow for them to feel free in the meetings they would be attending.</span>
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3 years ago
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A period of macroeconomic expansion followed by a period of macroeconomic contraction is called A. the business cycle. B. an eco
DanielleElmas [232]

Answer:

A. The business cycle

Explanation:

A period of macroeconomic expansion followed by a period of macroeconomic contraction is known as a business cycle. Like the name suggests, a business cycle is a cycle of highs and lows in economic activities.

There are periods of expansion which is often characterized by economic growth, leading to creation of more jobs, robust middle class etc and contraction which is characterized by loss of jobs, shrinking middle class etc in a business cycle.

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