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Tems11 [23]
3 years ago
10

Why does an economist create a market demand curve? to predict how people will change their buying habits when prices change to

have an idea of how a market would change if conditions in an area changed to show how various conditions can change the demand for a good to learn what demands the market will make under unusual conditions?
Business
1 answer:
Sindrei [870]3 years ago
5 0
I believe economists create demand curve to predict how people will change their buying habits when prices change. A demand curve is plot of Quantity of products or services demanded in the market against the prices for a given period of time. The price appears on the horizontal axis and the quantity demanded on the y axis. The demand is the quantity of goods or services that the consumers are willing and able to buy at a given period of time. 
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What the difference between yelling and raising your voice?
Eva8 [605]

The Difference from Yelling and raising your voice is... Yelling your like using anger it don't always have to be using anger it can be raising your voice but when you go outside and feel so excited! You Say WHOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO That's yelling and now here is an example of anger yelling Example: Go to your room! NO!! Even though you cannot hear but the Caps your using anger raising your voice is making it more clear. now it can be used as yelling aswell but not this time raising is let's say your shy your mother ask what do you want to eat you say Zaxbys she say's huh? Raise your voice i can hear you. Raise & Yell 2 Different things but can mean the same thing  Yell And Raise 2 Different Things But Can Mean The Same Thing! Yelling can be used as anger or loudness Raising can be used with anger aswell or raising your voice so people can hear you.

I really hope this helps you! :D

5 0
4 years ago
Read 2 more answers
"If bookstore ABC Books determines it is going to sell books at its profit-maximizing price of $16 in a market facing monopolist
Lady_Fox [76]

Answer:

40 books revenue is maximized

Explanation:

Profit is maximized where Marginal cost equals Marginal Revenue. The revenue is maximized where 40 books are sold for the price of $16. The marginal revenue at this point equals the marginal cost. Profit will be maximized for the ABC Books if it sells 40 books at the price of $16 per book. Here Marginal cost is $10 and marginal revenue is also $10. This is profit maximizing point.

7 0
3 years ago
Producing goods only enough to meet the basic needs of the family is called
zepelin [54]

Answer:

Domestic production

Explanation:

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8 0
3 years ago
When Argentina fixed the exchange rate of their peso to the U.S. dollar, one outcome was: Group of answer choices Argentinean ce
MariettaO [177]

Answer: Argentinean central bankers effectively gave control of their domestic interest rate to the FOMC.

Explanation:

The Federal Open Market Committee(FOMC) is a committee of the Federal Reserve which influences the interest rate in the country by engaging in Open Market Operations (OMO). In doing so, they also influence the value of the dollar which is the currency of the U.S.

By pegging the Argentine Peso to the U.S. dollar, the Argentines effectively gave control of their domestic interest rate to the FOMC because the FOMC in deciding the interest rate for the U.S. and therefore the dollar, will be deciding for any other currency that moves exactly as the dollar does which is what the Peso is now going to do.

8 0
3 years ago
Is there a trade-off between standardization and innovation? how are the two related in most companies?
Dmitry_Shevchenko [17]
Standardization and innovation play critical roles in the development of goods and services. Standardization allows for a stabilized starting point in which to move forward and develop other goods and services which is related to innovation. Standardization provides stability, a known factor which can be relied upon, whereas innovation is riskier and may not come to be successful endeavor. However, like all risk, that is the payoff for the investment in innovation, for if the innovative good or service can be successfully brought to market, the dividends for a payout can be well worth it.
5 0
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