All categories

3 years ago

What are at least two ways this image my affect demand?

Business

1 answer:

likoan [24]3 years ago

6 0

This is just a poster or a picture, and there is no way with which this can affect the demands of the consumers.

<u>Explanation:</u>

Demand is the quantity of the commodity that the consumer is willing to buy at the prevailing prices in the market.

Demand of the commodity is inversely related with the price of the commodity that is with the increase in the price of the commodity, the quantity of the commodity demanded will decrease. Other factors which affect the demand of the good apart from the price of the good are the advertising, the income of the good, the prices of the other goods and so on.

You might be interested in

At times, someone with a good credit rating may not be able to get a loan. When this happens, the potential customer may be told

Sergio [31]

It can mean that the bank is running low on liquidity of cash. In the banks are required to keep a minimum of liquidity to be able to give loans and keep the cash flow. In case the bank is running low on liquidity the customer should inform the central bank and the central bank should fine the bank for not maintaining the liquidity.

3 0

3 years ago

At December 31, 2020 the following balances existed on the books of Rentro Corporation: Bonds Payable $7,000,000 Discount on Bon

Tomtit [17]

Answer:

Loss on retirement of debt = $1,030,000

Explanation:

the company paid $7,070,000 in order to retire the bonds, and hte journal entry was:

Dr Bonds payable 7,000,000

Dr Loss on retirement of debt 1,030,000

Cr Cash 7,070,000

Cr Discount on bonds payable 960,000

Loss on retirement of debt = cash paid - carrying value = $7,070,000 - $6,040,000 = $1,030,000

6 0

3 years ago

Demand for individual products can be driven by product life cycles. <br> a. True <br> b. False

Ray Of Light [21]

True djtvfegjuthbggh

8 0

3 years ago

The American economy is based on both capitalism and free enterprise. What does this mean?

choli [55]

Capitalism is when a country's industry is controlled by individual owners, not by the state. Free enterprise is an economic system where businesses compete without much state control. Hope this helps!

3 0

3 years ago

Brooklyn has been contributing to a traditional IRA for seven years (all deductible contributions) and has a total of $30,000 in

Zolol [24]

Answer: $13,200

Explanation:

Given that,

Contributing to a traditional IRA = 7 years

Total in account = $30,000

Withdrawal from IRA to help pay for the car = $20,000

marginal tax bracket = 24 percent

Therefore,

After tax withdrawal:

= Withdraws - 10% penalty as per IRS for early withdrawal - 24% tax on $20,000

= $20,000 - 0.1 × 20,000 - 0.24 × 20,000

= $20,000 - 2,000 - 4,800

= $13,200

6 0

3 years ago

Read 2 more answers