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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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You are considering a car loan with a stated APR of 5.42% based on monthly compounding. What is the effective annual rate of th

Anon25 [30]

Answer:

The effective annual rate is 5.57%

Explanation:

The interest rate that is actually earned or paid on investment or loan including the compounding effect over a given period of time. It is also known as rate.

Effective interest rate = [ ( 1 + r/m )^m ] - 1

Effective interest rate = [ ( 1 + 5.42%/12 )^12 ] - 1

Effective interest rate = [ ( 1 + 0.0542/12 )^12 ] - 1

Effective interest rate = 0.055567 x 100

Effective interest rate = 5.5667% = 5.57%

6 0

3 years ago

An apprentice involves _____

Iteru [2.4K]

Answer:

the answer is a

Explanation:

An apprentice is someone following the in print 18 around and doing what they're doing just less important things

7 0

3 years ago

Read 2 more answers

Staples sells office supplies and machines, furniture, and technology and business services both in stores and online. It sells

Snezhnost [94]

Answer:

Industry-wide differentiation strategy

Explanation:

Staples is providing a wide range of products in various locations, both in stores and online. He is creating an industry-wide differentiation by providing unique products that customers wants.

The target customers consist of wide range of people with different preferences.

6 0

3 years ago

Nstead of polling all faculty members in the business department, Michael wants to simply use a list of testing methodologies u

Svetllana [295]

Answer:

satisficing

Explanation:

Satisficing is a combination of "satisfy" and "suffice" (or enough). It refers to a situation where instead of trying to reach a completely satisfying solution, you just settle for a relatively good or a so-so solution.

Personally I believe it is something that borders mediocrity, since you should either do something right or do not do it at all. It is like doing something that might work, but not completely.

3 0

3 years ago

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You want to quit your job and go back to school for a MBA 4 years from now, and you plan to save $8,800 per year, beginning imme

dsp73

Answer:

d. $40,510.15

Explanation:

The following tables will make it easier understanding the calculations.

Every year, you add the deposit of $8,800 to the starting amount, calculate the 5.7% interest over the balance, add the interests to the balance and obtain the final balance of the year, which is the starting balance of the next year.

First year:

Start ($): 0

Deposit ($): 8,800

Balance ($): 8,800

Interest($): 5.7% × 8,800 = 501.60

Final balance ($): 8,800 + 501.60 = 9,301.60

Second year:

Start ($): 9,301.60

Deposit ($): 8,800

Balance ($): 9,301.60 + 8,800 = 18,101.60

Interest($): 5.7% × 18,101.60 = 1,031.79

Final balance ($): 18,101.60 + 1,031.79 = 19,133.39

Third year:

Start ($): 19,133.39

Deposit ($): 8,800

Balance ($): 19,133.39 + 8,800 = 27,933.39

Interest($): 5.7% × 27,333.39 = 1,595.20

Final balance ($): 27,933.39 + 1,595.20 = 29,525.59

Fourth year:

Start ($): 29,525.59

Deposit ($): 8,800

Balance ($): 29,525.59 + 8,800 = 38,325.59

Interest($): 5.7% × 38,325.59 = 2,184.56

Final balance ($): 38,325.59 + 2,184.56 = 40,510.15

7 0

3 years ago