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Reil [10]
3 years ago
5

At a price of $15 each, marta buys 4 books per month. when the price increases to $20, marta buys 3 books per month. luz says th

at marta's demand for books has decreased. is luz correct?
Business
1 answer:
saveliy_v [14]3 years ago
6 0
No, Luz is incorrect. Marta's quantity demanded has decreased, but her demand has stayed <span>the same. It is true that </span>As a price for a product increases, the demand for that product will be most likely to decrease because consumers have to make more sacrifice without any additional income.
But, if you pay attention to the case above, you can see the total value of demand that marta has is still the same, which is $ 60
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A survey reveals that, on a small island, 175 people have jobs, 25 people are not working but are looking for jobs, and 90 peopl
joja [24]

Answer:

The answer is = 12.5%

Explanation:

The 175 people that have jobs are in unemployment (employed).

The 25 people that are not working but are looking for jobs are called unemployed.

The 90 people are neither working nor looking for work for work are not counted in the employment.

Therefore, the labor force is employed people + unemployed people.

Labor force is 175 + 25= 200 people.

So, unemployment rate is:

(unemployed people ÷ labor force) x 100

(25÷200) x 100%

=12.5%

3 0
3 years ago
Economics: A group of competitors who work in unison to control the supply and price of their product is called a
7nadin3 [17]

Answer:

cartel

Explanation:

A "cartel" is a<em> group of competitors or market participants</em> who are independent from each other. They <u>work in unison by cooperating secretly</u> in an <em>unlawful way</em> so they can control the supply and price of their products. In this way, they can dominate the market.

Such type of alliance with rivals have existed since the ancient times. It <em>increased following </em><em>World War I,</em> but<em> started declining after </em><em>World War II</em>.

So, this explains the answer.

6 0
4 years ago
If marcus won a bet by predicting the point spread for the super bowl and claimed it was due to his understanding of probability
Lera25 [3.4K]

The answer is <u>"self-serving bias".</u>


A self-serving bias is the normal habit for a man assuming praise for positive occasions or results, yet reprimanding outside elements for negative occasions. This can be influenced by age, culture, clinical conclusion, and the sky is the limit from there. It has a tendency to happen broadly crosswise over populaces.  

Self-serving bias happens in every extraordinary sort of circumstances, crosswise over sexual orientations, ages, societies, and more.

5 0
4 years ago
What does Physchographic profile mean
Novosadov [1.4K]

Answer:

Psychographics is the study of consumers based on their activities, interests, and opinions (AIOs). ... In contrast, a psychographic profile contains information around a person's interests, hobbies, emotional triggers, and lifestyle choices, among other data.

Explanation:

Plz, mark me brainliest!

5 0
3 years ago
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You are the president of a toy manufacturing company that has recently discovered its bendable action figures break too easily.
Alika [10]

Answer:

Proofread for punctuation errors (it's a must!!), Jot down reasons that explain the bad news (I think), Organize your ideas (I think)

Explanation:

I think: Jotting down the reasoning helps/support the information (specifically) the bad news. Organizing your ideas helps to keep everything you write on track and ideas you want to mention always start from check-point A to check-point B and so forth.... (It's my thoughts of an answer)

8 0
4 years ago
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