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solong [7]
3 years ago
10

Why is the supply curve a vertical line

Business
1 answer:
AlladinOne [14]3 years ago
5 0
In some cases, supply curves are vertical, which means that for any price from 0 up to infinity, the quantity will stay the same.

This is very true for supply of an authentic painting in auctions, where there may only be 1 single painting, and people state the highest price they are willing to pay for the painting. Regardless of the price, there will only be 1 authentic painting for that price.

Hope this helps! :)
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7 0
3 years ago
Prior to closing, a final walkthrough of the property should be performed to ensure that everything has remained as stated in th
Galina-37 [17]

Answer:

D. Buyer

Explanation:

The buyer is the one who is interested in purchasing the property and becoming the new owner. A walkthrough which involves inspecting the property and making sure everything has remained stated and is in order is done by the buyer who is interested in owning the property. A buyer can always demand for a walkthrough. The walk through gives the buyer time to inspect the property before closing.

8 0
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Ultimately, the study of international business is no different from the study of domestic business. Thus, there is no point in
insens350 [35]

Answer:

Explanation:

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People of single culture and region are been dealt with in the domestic business, and it is easy to know what the customer needs. Many cultures are been dealt with when it comes to international business, and there is a need for product customization as per the location. This would require a team that manages these issues in each region.

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Based on the explanation above, the statement given in the question is false.

7 0
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<h3>How will the American population change by 2060?</h3>

The census bureau believes that the U.S. population will change by more than 78 million by 2060.

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Find out more on the U.S. population at brainly.com/question/16669950

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