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steposvetlana [31]
3 years ago
13

Which of these statements best represents the law of demand? when buyers' tastes for a good increase, they purchase more of the

good. when income levels increase, buyers purchase more of most goods. when the price of a good decreases, buyers purchase more of the good. when buyers' demands for a good increase, the price of the good increases?
Business
1 answer:
seropon [69]3 years ago
5 0
<span>when the price of a good decreases, buyers purchase more of the good
</span>

<span>The microeconomic law called the law of demand is about the concept that considering that all other aspects are equal, when prices of services or goods increase, consumers’ demand for such services or goods decrease. In the same way, as the price of services or goods decrease, consumers buy more of such goods and services. </span>


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uysha [10]

Answer: $312.06

Explanation:

We are given that :

MSRP = $17500 , time = 36 months , interest rate = 9% , residual value = 57%

Exact residual value = 57% of 17,500 = $9975

Also, we know Money factor = rate ÷ 2400

money factor = 0.00375

Step 1 : To calculate monthly depreciation by using the formula :

Monthly Depreciation: MSRP-RESIDUAL VALUE / No. of MONTHS

17500-9975 / 36 = $209.03

Step 2 : To calculate monthly financial charge by using the formula :-

Monthly financial charge=( MSRP + RESIDUAL VALUE) . MONEY FACTOR.

Monthly financial charge = (17500+ 9975) . 0.00375= $103.031 25

Step 3 : To calculate lease amount by using the formula :

Lease payment = Depreciation + Financial charge

Lease payment = 209.03 + 103.031 25= 312.06

So, the approximate lease payment is $312.06

5 0
3 years ago
When thinking about implementation issues as discussed here, we can draw a parallel to the example from the text about Walmart e
Firdavs [7]
Try E or D I am not sure
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2 years ago
Riley is a 50% partner in the RF Partnership and has an outside basis of $56,000 at the end of the year prior to any distributio
Savatey [412]

Answer:

The land basis will be $8,000 and partnership basis will be $42,000.

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The land basis to RF is $8000.

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2 years ago
What is quality control?
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Quality control is used to meet or exceed customer requirements and is vital in the manufacturing part of businesses. 

Hope this helped :)
Have a great day   <span />
4 0
3 years ago
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