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Musya8 [376]
3 years ago
5

The law of demand is the assertion that ... ?

Business
1 answer:
Sindrei [870]3 years ago
8 0

The quantity of a demanded product is inversely proportional to its price.

Simply put, the law of demand says that when prices go UP, demand goes down and when prices go DOWN demand goes up.

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Homestead Co. reported the following in its statement of stockholders' equity on January 1, Year 4: Common stock, $10 par value,
Anna71 [15]

This question is to complex. In Order for this to be answerable you would need to put it into chunks

5 0
3 years ago
You have taken a job in industry and are facing your first ordering decision. As you prepare to place the order, you remember yo
skelet666 [1.2K]

Answer:

The formula is not used if consumer demand and ordering and holding costs are not constant.

Explanation:

E.O.Q formula measures the ideal quantity of order a company should purchase in order to minimize its inventory costs, such as holding costs and shortage costs. The formula, however has its limitations, in a way that it assumes that the costumer demand is constant and ordering and holding costs remain constant. This makes formula hard to use in case of seasonal changes of demand, inventory costs or lost sales revenue due to inventory shortages.

7 0
3 years ago
Consumers have the right to be protected against false and misleading information about goods and services.
Alexandra [31]
The right answer for the question that is being asked and shown above is that: "TRUE." Consumers have the right to be protected against false and misleading information about goods and services. This statement is true as far as the consumer's right is concerned.
3 0
3 years ago
Read each of the four activities and put them in their proper sequence. Be advised that the action listed is not the only action
Phantasy [73]

Answer:

Step     Activities

1           Determine how expensive a car you can afford.

2.         Identify the car that meets your needs and wants in terms of size, styling, performance, and safety and obtain online quotes for three target cars.

3.         Negotiate the lowest price by getting bids from at least three dealers and hold firm to your target price when selecting the source of your car.

4.        Change the oil, rotate the tires, and replace the windshield wipers as needed.

Explanation:

The steps above are arranged to ensure that the next step follows from the last sequentially.  The sequence started with making purchase decisions to maintenance activities after the purchase of a car had been completed successfully.

3 0
3 years ago
As a service dimension increases in importance, a customer's zone of tolerance _____ and his or her desired and adequate service
MrRa [10]
As a service dimension increases in importance, a customer's zone of tolerance narrows <span>and his or her desired and adequate service levels increase.
Customers who likes service oriented business, will expect that they will be treated as a true king by the business providers. This will make the service provider to increase its level of services and place the customers convenience above all else</span>
7 0
3 years ago
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