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Verdich [7]
4 years ago
7

Your task is to take this and construct a graphical representation of the data. In doing so, you determine that as the price of

soup rises, the quantity of soup demanded decreases. This confirms the________
Business
1 answer:
Leno4ka [110]4 years ago
4 0

Answer:

This confirms the Law of Supply and Demand

Explanation:

The law of supply and demand states that whenever the price of a product increases, its demand decreases. Similarly when the price of a product decreases, its demand increases. The reason is that people are willing to buy products that are cheaper in higher quantities.

As the supply increases, the price decreases whereas with the decrease of supply, the price of the product decreases.

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as a rule of thumb, when renting an apartment your monthly rent should not be more than the amount you earn in ___ a. one week b
pav-90 [236]

Answer:

1 week

Explanation:

7 0
3 years ago
Read 2 more answers
Joanna, a manager at TravelWorld, has set up a committee to develop procedures for dealing with company-wide training needs and
KengaRu [80]

Answer:

Organizing.

Explanation:

As Joanna is a manager at TravelWorld. She has set up a committee to develop procedures for dealing with company-wide training needs and assigned people to conduct specific training programs. Joanna is engaged in organizing management function. In organizing function, effective managers arrange the work to achieve the defined organisational goals. Managers perform the organizing function when they organize and determine the particular tasks which are required to be done, who would be doing what, grouping the tasks, who will be reporting to whom and who is going to make the decisions accordingly.

7 0
3 years ago
Which broad field of economics would most likely study how consumers respond to a hike in cigarette taxes? multiple choice micro
mestny [16]

Answer to the question is microeconomics.

Microeconomics is a branch of mainstream economics that studies the behavior of persons and corporations in making selections related to the allocation of scarce sources and the interactions amongst these people and firms.

<h3>What is the difference between macroeconomics vs microeconomics?</h3>

Microeconomics has applications in trade, industrial organisation and market structure, labor economics, public finance, and welfare economics. Macroeconomics is the find out about of the selections of countries and governments. The term analyzes whole industries and economics instead than folks or specific companies.

Learn more about microeconomics here;

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7 0
1 year ago
You are offering a job at a salary of $36,000 per year. Employer taxes (social security, unemployement, etc.) will add 9% to the
Alinara [238K]

Answer:

$48,240

Explanation:

If we are offering a job at a salary of $36,000 per year.

Employer taxes (social security, unemployement, etc.) will add 9% to the cost of the employee and benefits will add 25%.

Then the total expected annual cost to hire the employee will be

Basic Salary 36,000

Add: Employer taxes of  (9% 0f 36000)

Add:  Employee Benefits of (25% of 36000)

Total cost =  $48,240

6 0
3 years ago
Name the act that ensures that the marketing of goods or services may not be misleading
Lady bird [3.3K]

Answer:

it is consumer protective act

8 0
3 years ago
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