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3 years ago

Which of the following is an example of a relationship with a negative slope?

Business

1 answer:

iren [92.7K]3 years ago

5 0

Answer:

c. More items purchased when prices drop

Explanation:

Lets determine the two variables and their relation in each of the cases.

Quality decreases. Quantity purchased decreases. Both item decreasing is a positive relation and thus would not yield a negative slope.

Spending rises. Income rises. Both items increasing is a positive relation and thus would not yield a negative slope.

Purchases increase. Price decrease. One item increases while the other decreases and thus is a negative relationship with a negative slope.

Qty sold increases. Quality increases. Both items increasing is a positive relation and thus would not yield a negative slope.

Hope that helps.

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Bruce, a buyer, contracted with Steve, a seller, to buy ten dozen bicycle tires for $960. Payment was due thirty days after deli

umka2103 [35]

Answer:

b. Hold the tires with reasonable care for disposition as the seller instructs.

Explanation:

When goods are non-conforming to contract, the buyer has the right to reject the goods. The seller also has the right to cure the defect or ensure conformity.

1. Buyer's right to reject: In this case the buyer has the right to reject the goods on inspection, and notify the seller within a reasonable amount of time.

2. Seller's right to cure: The seller has the right to cure defect on the goods, and this can be done where there is still time to rectify the defects noticed by the buyer. In this case, the buyer is not due to pay for the goods for the next 30 days.

The seller still has the opportunity to meet the contract standard and close the deal.

So option b is correct. The buyer holds the goods pending decision of seller to either cure defects on goods or retrieve the goods.

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3 years ago

Choose the word that best completes this sentence. ________ exist in the ground, air, and bodies of most living things but do no

exis [7]

It seems that you have missed the necessary options for us to answer this question, but anyway here is the answer. BACTERIA <span>exist in the ground, air, and bodies of most living things but do not need a host organism to live and multiply. Hope this answers your question.</span>

4 0

3 years ago

If a marketing manager queries a marketing information system to determine the effect of three different levels of price for a n

9966 [12]

Answer:

sensitivity analysis

Explanation:

Based on the information provided within the question it can be said that in this scenario the marketing manager would be using sensitivity analysis. This is a method of analyzing the uncertainty outputs that a mathematical model will have on something. Which in this case would be the different price levels on a new product.

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3 years ago

An insurance applicant MUST be informed of an investigation regarding his/her reputation and

murzikaleks [220]

Answer:

Fair Credit Reporting Act is the correct answer.

Explanation:

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3 years ago

Is overshooting (in theory and in practice) consistent with purchasing power parity? Consider the reasons for the usefulness of

Ludmilka [50]

Answer:

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2. Exchange rates are volatile in the short run. The theory's implication that there is exchange rate overshooting (in response to permanent shocks) is one explanation for short-run volatility in

exchange rates.

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3 years ago