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umka2103 [35]
3 years ago
9

According to the law of demand, there is an inverse relationship between price and quantity demanded. That is, the demand curve

for goods and services slopes downward. Why?

Business
1 answer:
Burka [1]3 years ago
3 0

This is because as the price for an item goes up, fewer and fewer people will want to pay for it. Price is on the Y axis and Demand is on the X axis so as you move from left to right, the quantity demanded keeps falling and falling.

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For a college student who needs to buy an $80 textbook, the money she received from her parents for the purchase of school suppl
Ainat [17]

The money she received from her parents for the purchase of school supplies would be used as a medium of exchange.

<h3>What is money?</h3>

Money is anything that is generally chosen and accepted by a community, as a medium of exchange and standard of value.

Characteristics of money are:

  • Medium of exchange
  • Store of value
  • Measure of value

Hence, the money she received from her parents for the purchase of school supplies would be used as a medium of exchange.

Learn more about money here: brainly.com/question/3182649

#SPJ1

3 0
2 years ago
Billy’s Exterminators, Inc., has sales of $592,000, costs of $284,000, depreciation expense of $36,000, interest expense of $28,
defon

Answer:

EPS = $1.9825

Explanation:

EPS (earnings per share) = Net Income / shares of common stock outstanding

Income before taxes = $592,000 - $284,000 - $36,000 - $28,000 = $244,000

Tax = $244,000 x 35% = $85,400

Net Income = $244,000 - $85,400 = $158,600

EPS = $158,600 / 80,000 = $1.9825

Hope this helps!

6 0
3 years ago
Describe the current global strategy and provide evidence about how the firm’s resources and competencies support the pressures
oksian1 [2.3K]

Describe the current global strategy and provide evidence about how the firm’s resources and competencies support the pressures regarding costs and local responsiveness. Describe entry modes they have usually used, and whether the modes are appropriate for the given strategy is described below

Explanation:

Global Strategy’ is a shortened term that covers three areas: global, multinational and international strategies. Essentially, these three areas refer to those strategies designed to enable an organisation to achieve its objective of international expansion.

In developing ‘global strategy’, it is useful to distinguish between three forms of international expansion that arise from a company’s resources, capabilities and current international position.

Implications of the three definitions within global strategy:

International strategy: the organisation’s objectives relate primarily to the home market.

Multinational strategy: the organisation is involved in a number of markets beyond its home country. But it needs distinctive strategies for each of these markets because customer demand and, perhaps competition, are different in each country. Importantly, competitive advantage is determined separately for each country.

Global strategy: the organisation treats the world as largely one market and one source of supply with little local variation. Importantly, competitive advantage is developed largely on a global basis.

3 0
3 years ago
IMA GOIN BROKE FROM THESE GIVAWAYS BUT HERES MORE POINTS
KIM [24]

Answer:

TYSM YOU ARE AMAZING

Explanation:

5 0
3 years ago
Read 2 more answers
When an individual invents a new product and patents it, a writer copyrights and publishes a book, or a company develops a symbo
horsena [70]

Answer:

A. Intangible assets

Explanation:

Intangible assets: They refers to assets that are not physical in nature. They are identifiable, non-monetary assets without physical substance such as brand recognition, intellectual property. Intellectual property includes patent right, copyright, and trademarks.

Intangible assets lice brand names are non physical in nature unlike tangible assets that are phsysical. Examples of tangible assets are building, vehicle, land, machineries and furnitures. They are assets that is expected to generate economic return in the future.

There are two classes of intangible assets

1. Identifiable intangible assets: These are intangible assets that can be separated from other assets such as copyright, trademarks and patent.

2. Unidentifiable intangible assets: They are assets that cannot be separated from other assets such as Goodwill.

5 0
4 years ago
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