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tekilochka [14]
3 years ago
7

Which of the following would cause a shift in the demand curve loading from point A to point B?

Business
1 answer:
Blababa [14]3 years ago
8 0

Answer:

The correct answer is D. All of the above.

Explanation:

Each good will have its characteristic demand curve, more or less inclined, more or less convex. In addition, the position of the curve, higher, lower, shifted to the left or right, will depend on several factors:

  • the greater or lesser income that consumers receive
  • tastes and fashions
  • the prices of other related goods
  • expectations or forecasts about the future

If the income of the consumers grows, the demand will be increasing, which will cause the shift to the right of the demand curve since at the same price the quantity demanded will be greater. On the contrary, if the country's income decreases, the demand will decrease and the demand curve will shift to the left.

Similarly, the curve will shift to the right if demand increases due to a positive change in tastes or fashion or because the prices of products that can replace it increase.

However, that the lowering of the product itself does not produce displacement of the curve since the curve is indicating precisely the quantities demanded at any price. If the aforementioned factors are constant, then the demand curve will not move and we can measure exactly the effect of price variations on the quantities demanded, which will be represented by movements along the curve

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3 0
1 year ago
Economic analysis is used only by policy makers to make policy decisions. only by business people to raise profits. only by inst
Free_Kalibri [48]

Answer:

The correct answer is: in all decision making.

Explanation:

Economic analysis is used in all walks of life, in decision making. It is not only relevant for policymaking or in business or for students. Rather, it is used in day to day life as well.  

Almost all the decision we make is based on cost-benefit analysis. It used by households and individuals for utility maximization. It is used by businesses for profit maximization and is used by policy makers for welfare maximization.

5 0
3 years ago
On January 1, 2018, Ogleby Corporation signed a five-year noncancelable lease for equipment. The terms of the lease called for O
Olin [163]

Answer:

With respect to this lease, for 2018 Ogleby should record interest expense of $57,058 and depreciation expense of $107,225. The right answer is c

Explanation:

According to the given data we have the following:

PV of lease=$750,578

Annual payment=$180,000

Rate of interesr=10%

The interest expense would be calculated as follows:

Interest expense = ( PV of lease - Annual payment ) * Rate of interest

Interest expense = ( $750,578 - $180,000 ) * 10%

Interest expense = $57,058

Therefore, With respect to this lease, for 2018 Ogleby should record interest expense of $57,058 and depreciation expense of $107,225.

4 0
3 years ago
Should eyewitness testimony be allowed in the courtroom? Write at least three paragraphs discussing your position.
Andrews [41]
(Paragraph 1) Should eyewitness testimony be allowed in the courtroom? No but at the same time yes. There are many reasons why they should but shouldn't. It is a risk to their safety, some eyewitnesses are not liable, they could be paid off but at the same time their testimony could help win a case. (Paragraph 2) Depending on a crime, the eyewitness safety could be in danger. If the case was against a member of a gang or mafia. They could send someone after that witness. This is reason why we have the Witness Protection Program. If they testify they put their lives at risk. (Paragraph 3) Having a witness is a key thing to have. If you have a witness you are the one who most likely the one to win the case. In some cases you could have problems with the witness not being liable, getting paid off to not say anything or to lie. Or in most cases if they are confused they will not have them testify. Or they aren't straight on the details and keep changing the story that usually means they are lying on what they saw. Note: This is a summary. Add more and edit it to make it sound like something you would type.
7 0
3 years ago
John just opened a savings account and wants to maximize the amount of interest he earns. Which of the following actions would e
jeka94
Since their is no choices he shouldn’t never touch the money and keep adding cash it increase it over time.
8 0
3 years ago
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