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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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If it costs $75,000 to put on an event and total revenue is $135,000, what is the profit as a percentage of revenue?
Nuetrik [128]

Answer:

44.44%

Explanation:

Profit is obtained by subtracting cost from revenue.

I,e.,

Profit = revenue - cost.

In this case,

Profit = $135,000 - $75,000

Profit = $60,000

As a percentage of revenue

= $60,000/ $135,000 x 100

= 0.44444 x 100

= 44.44 %

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2 years ago
Um Corporation has provided the following information concerning its raw materials purchases. The budgeted cost of raw materials
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Answer:

$171,619.20

Explanation:

Calculation to determine what The budgeted accounts payable balance at the end of November is closest to:

Using this formula

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Let plug in the formula

Budgeted accounts payable balance=$286,032 - ($286,032*40%)

Budgeted accounts payable balance=$286,032 - $114,412.80

Budgeted accounts payable balance= $171,619.20

Therefore The budgeted accounts payable balance at the end of November is closest to:$171,619.20

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2 years ago
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B is the answer

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The population p, in millions, of a certain country can be calculated by p=0.83t54, where t is the time in years, and t = 0 repr
dalvyx [7]
P(t) = (0.83)t^(5/4) 
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<span>Population in 2096 expected to be 202 million.</span>
3 0
2 years ago
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