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Sergeeva-Olga [200]
3 years ago
14

Which best explains how the law of demand affects consumers?

Business
1 answer:
Sergeeva-Olga [200]3 years ago
4 0

The law of demand effects consumer as

It helps consumers tell producers when prices are too high.

Explanation:

The law of demand is a microeconomics concept where it is stated that "conditional on all else being equal, as the price of a good increases, quantity demanded decreases; conversely, as the price of a good decreases, quantity demanded increases".

According to this law thus, it helps costumer to understand which property is high on demand and thus will have high prices and which products having a lower price could be in less demand but it does not really translate to how good the product is.

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Root cause analysis is a research method is the best to use in order to determine causally.
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3 years ago
Which of the following terms refers to a goal-oriented process that is directed toward ensuring that organizational processes ar
Feliz [49]

Answer:

Performance management

Explanation:

Performance management is a corporate management tool that aids managers to monitor and measure employees' work. Performance management's goal is to create an enabling environment where people can perform their to the best of their abilities to produce quality result.

Performance management is the activities and processes that focus mainly on areas to maintain and improve employee performance in line with an organisation's objectives.

8 0
4 years ago
Read 2 more answers
you have $6000 to invest in two stock funds. The first fund pays 5% annual interest and the second account pays 9% annual intere
stira [4]

Answer:

Amount of money invested is $2,000 and $4,000

Explanation:

In this question, we are asked to calculate how much was invested in two different accounts given the amount of money invested in both accounts.

Let the amount of money invested in both accounts be a and b respectively.

Mathematically;

A + B = 6000 ......I

Now we use the formula for simple interest to check the amount that is supposed to be made on Both accounts if he end of a year.

Formula for simple interest is I = PRT/100

Let’s apply this to what is on ground:

5*1* a/100 = 5a/100

Second is

9*b*1/100 = 9b/100

That is 5a + 9b = 38,000. ........ii

Solving Both simultaneously as follows:

Let A = 6000-b from 1

Substitute this into 2

5(6000-b) + 9b = 38,000

30,000 -5b + 9b = 38,000

4b = 8,000

b =$2000

This means a would be 6000 - 2,000 = $4000

8 0
3 years ago
Petro Fuel files a suit in a state court against Quality Gas. Before the trial, Petro requests from Quality relevant information
goldenfox [79]

Answer:

<em>B. metadata.</em>

Explanation:

Metadata <em>is a description of other information. It gives information on the material of a certain item.</em>

For instance, a picture might include metadata detailing the size of the picture, the intensity of the color, the resolution of the image, whenever the image was made, and other information.

The metadata of a word document may reveal information about the length of the document.

4 0
4 years ago
On April 1, Year 1, Fossil Energy Company purchased an oil producing well at a cash cost of $8,800,000. It is estimated that the
Oksana_A [137]

Answer:

$440,000

Explanation:

Depletion expense = (Total barrel extracted/ total barrels that can be profitably extracted) x price

(32,000 / 640,000) x $8,800,000 = $440,000

I hope my answer helps you

8 0
3 years ago
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