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siniylev [52]
3 years ago
10

A change in which variable will change the market demand for a​ product? A. technology B. population C. the prices of substitute

s in production D. the price of the product:uizlet
Business
1 answer:
Rzqust [24]3 years ago
7 0

Answer:

D. the price of the product:

Explanation:

Demand is the quantity of a product that consumers are willing and able to buy at a specific price over time.  It means demand has a relation with the price. The law of demands states that the demand for goods and services is indirectly related to its price. Should the price increase, the demand will fall.

If the price of the product moves in one direction, then the changes in demand should be experienced in the opposite direction. The prices of substitutes in production will not affect demand. They can only have some influence once in the market.

Changes in technology by itself cannot affect demand unless it causes changes in the price. Population changes can influence the quantity ordered in the long-run, but not demand. Demand is time-bound.

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What basically compares what an individual owes compared with how much they earn monthly?
STALIN [3.7K]

Answer:

C. Debt to Income Ratio

Explanation:

The debt to income ratio (DTI)provides a picture of the level of debts of a borrower. The DTI is usually expressed as a percentage of gross income. A high debt to income ratio indicates a person spends a high percentage of income on paying debts.

Lenders use the debt to income ratio to assess a borrower's ability to repay debts. Individuals with low DTI are preferred to those with a high one.

3 0
3 years ago
The following information is related to Dickinson Company for 2017.
MakcuM [25]

The answer & explanation for this question is given in the attachment below.

3 0
3 years ago
Esme Inc., a manufacturer of cosmetics, ran an ad campaign in which it claimed that Esme's "Vivid" range of water-proof mascara
Pie

Answer:

The answer is D. Puffery.

Explanation: When an advertisement is being made, certain boastful and exaggerated claims can be made by a company about the superiority and uniqueness of their product.

This claim is termed as Puffery.

Puffery is defined as advertising or promotional content that makes exaggerated or boastful statements about a product or service that are based on opinion rather than something that can be measured.

Puffery in advertising is done based on the chance that no reasonable person would presume the exaggeration to be literally true.

This is what Esme Inc. has done by claiming that its mascara is the best in the world, and also gives ten times more volume to the eyelashes. This is an exaggerated claim.

6 0
3 years ago
Read 2 more answers
Carter corporation applies manufacturing overhead on the basis of machine-hours. at the beginning of the most recent year, the c
stiks02 [169]
The estimates of the manufacturing overhead and of machine-hours were made at the beginning of the year for the purpose of computing the company's predetermined overhead rate for the year. 
6 0
3 years ago
The country of Arcadia has clusters of associated businesses and suppliers which include individual dye and textile manufacturin
ivanzaharov [21]

Answer:

A) Related and supporting industries

Explanation:

Competitive advantage is the edge an entity has over others that results in higher profit margins.

According to Michael Porter there are 4 factors that gives national advantage in the international environment:

- firm strategy' structure and rivalry

- related supporting industries

- demand conditions

- factor conditions.

Related supporting industries refers to the presence of supporting industries that helps a company to thrive.

Forms depend on others for high productivity. When the presence of other supporting companies is adequate production will be maximised.

This is the case in the given instance where the country of Arcadia has clusters of associated businesses and suppliers which include individual dye and textile manufacturing firms, chemical plants, and leather manufacturing companies, most of which are well reputed and internationally competitive. This has made Arcadia a major force in the global economic market

6 0
3 years ago
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