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OverLord2011 [107]
3 years ago
11

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.

a)

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

b)

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

c)

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

d)

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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the tendency of naive investors to buy high (after prices have risen for several periods) and sell low (after prices have droppe
Dominik [7]

The tendency of naive investors to buy high (after prices have risen for several periods) and sell low (after prices have dropped for several periods) can be explained by the behavioral tendency known as anchoring.

<h3>What does anchoring in purchasing behavior mean?</h3>

A behavioral finance heuristic known as "anchoring" refers to the unconscious use of unimportant information, such as the price at which a security was purchased, as a fixed reference point (or "anchor") for making decisions about that security in the future.

The cognitive bias known as "anchoring" occurs when the mere existence of an initial number has an outsized impact on later decision-making. The TV's exorbitant cost acts as an anchor that encourages buyers to spend more money than they intend to. By announcing a lower price after stating a price, the anchoring effect in making purchase decision is activated. Customers will view the higher price as being more comparable to the original, lower price than the alternative prices being provided.

To learn more about purchase decision, visit:

brainly.com/question/26517026

#SPJ1

4 0
1 year ago
Fragmental Co. leased a portion of its store to another company for eight months beginning on October 1, at a monthly rate of $9
Leviafan [203]

Answer:

Debit cash $7800

Credit unearned revenue $7800

Explanation:

The amount of $7800 was received in cash on October 1. Therefore, the cash account will be debited with the $7800 received.

The corresponding credit entry of $7800 will be to the unearned revenue account since the revenue has not been earned. Revenue will be earned at the end of each month of the lease. This account will subsequently debited each time the revenue is earned i.e at the end of each lease month.

3 0
3 years ago
Pina Colada Corp. just began business and made the following four inventory purchases in June: June 1 171 units $1026 June 10 22
slamgirl [31]

Answer:

$1,995

Explanation:

Using the FIFO inventory method, the amount allocated to ending inventory in June would be ;

= $1,539 + [($1,824 ÷ 228) × (228 - 171)]

= $1,539 + ($8) × (57)

= $1,539 + $456

= $1,995

Therefore, the amount allocated to June ending inventory, using FIFO inventory method is $1,995

4 0
3 years ago
Travis and Andrea were divorced in 2017. Their only marital property consisted of a personal residence (fair market value of $40
Ilia_Sergeevich [38]

Answer: B. b.Only III is true.

Explanation:

It should be noted that in order to qualify as an alimony, then the cash payments have to stop when the payer dies.

It should be noted that the $50,000 annual payments that are to be made to Andrea or her estate if she dies before the end of the eight years doesn't qualify as alimony.

Therefore, the correct option will be that If Travis sells the stocks for $900,000, he must recognize a $400,000 gain.

Therefore, only III is correct.

3 0
3 years ago
Exercise 3-05 The ledger of Whispering Rental Agency on March 31 of the current year includes the following selected accounts be
ololo11 [35]

Answer:

Prepare the adjusting entries at March 31, assuming that adjusting entries are made quarterly.

Explanation:

Depreciation expense             777  

Accumulate depreciation           777

 

Insurance expense             975  

Prepaid Insurance                             975

 

Interest expense                     470  

Notes ´payable                              470

 

Expense supllies                  1974  

Supplies                                            1974

 

Unearned revenue       2350  

Revenue                                           2350

4 0
3 years ago
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