"Devon takes temporary family leave from her job at equipment rentals and sales company to care for a newborn baby. With respect
to devon's health-care coverage, during the leave, under the family and medical leave act, equipment rentals and sales mustA. Terminate itB. Add the baby to itC. Suspend itD. Continue it"
B. there is a movement up along the demand curve to a smaller quantity demanded.
Explanation:
Based on the laws of demand, if the price of the good rises the quantity demanded of that good would be reduced keeping other things constant and if the price of the good declines the quantity demanded of that good would be raised keeping other things constant.
It represents the inverse relation between the price and the quantity demanded of the good
Therefore the quantity demanded get decreased with the price
The total budgeted selling and administrative expenses is made up of both fixed and variable components. The variable component of the cost is dependent on the budgeted number of units to be sold.
