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Ket [755]
3 years ago
10

One reason that the quantity demanded of a good increases when its price falls is that the:

Business
1 answer:
Brums [2.3K]3 years ago
4 0
<span>Lower price increases the real incomes of buyers, enabling them to purchase more.</span>
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The 5.5 million vinyl long-playing (LP) records sold in the United States per year pales in comparison with the 1.26 billion dig
SVEN [57.7K]

Answer:

D. decline

Explanation:

Based on the information provided within the question it can be said that the vinyl records in this scenario seem to be in the decline stage of the product life cycle. This stage refers to when a product has already peaked in performance and sales begin to fall and production will ultimately come to a halt. This is what is happening to the LP stores since digital downloads have taken over and the only people buying LP's now are die-hard consumers.

8 0
3 years ago
Which document is least important in determining the financial value of a purchase?
Vanyuwa [196]

The record least vital in figuring out the financial value of a purchase is purchase requisition.

The Requisition (REQS) file is used to file a purchasing request for goods or offerings from a doors dealer. A requisition refers to the manner of formally soliciting for a provider or object, typically the use of a purchase requisition shape or every other standardized record. The requisition manner is a standardized manner of maintaining tune of and accounting for all requisitions made inside a commercial enterprise.

A purchase requisition shape is a record submitted by means of a worker to request the acquisition of products or offerings on behalf of the enterprise. these purchases can be for enterprise operations, stock, or to manufacture resources for sale. filing a purchase requisition shape sets off the buying method. anytime an employee wants to make a buy – say, as an example, they need a brand new laptop – they will use a buy requisition shape to explain exactly what the purchase is and why they want it for paintings.

Learn more about purchase requisition here:

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7 0
1 year ago
Starting from a long run steady state equilibrium, significant increase in individual income taxes was announced. In the long ru
poizon [28]

Answer:

A

Explanation:

Here, we want to know what will happen in the long run after market adjustments when we start from a long run steady state equilibrium.

An increase in income taxes will shift the adjustment to the left. This will cause deflation.

After this adjustment, the net effect will be a small deflation, but output returns to potential level.

5 0
3 years ago
Xaq-vbct-cix<br> heres a code for whoever wants to join my meeting for fun
mrs_skeptik [129]

Answer:

maybe later

Explanation:

4 0
3 years ago
Read 2 more answers
Operating income and tax rates for Blossom Company’s first three years of operations were as follows: Income Enacted tax rate 20
Digiron [165]

Answer:

Deferred tax asset $174000

Explanation:

The computation of the  amount of deferred tax asset or liability for the year 2021 is shown below:

= Income in the year 2021 × enacted tax rate for the year 2021

= $870,000 × 20%

= $174,000

By multiplying the income for the year 2021 with the enacted tax rate for the year 2021 we can get the deferred tax asset and the same is shown above

3 0
4 years ago
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