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m_a_m_a [10]
4 years ago
12

The "law of demand" refers to the fact that, other things remaining the same, when the price of a good rises, A. the demand curv

e shifts leftward. B. there is a movement up along the demand curve to a smaller quantity demanded. C. there is a movement down along the demand curve to a larger quantity demanded. D. the demand curve shifts rightward.
Business
1 answer:
nadya68 [22]4 years ago
3 0

Answer:

B. there is a movement up along the demand curve to a smaller quantity demanded.

Explanation:

Based on the laws of demand, if the price of the good rises the quantity demanded of that good would be reduced keeping other things constant and if the price of the good declines the quantity demanded of that good would be raised keeping other things constant.

It represents the inverse relation between the price and the quantity demanded of the good

Therefore the quantity demanded get decreased with the price

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What is cost Price formulas​
gavmur [86]

Answer:

Cost price formula = Cost + Profit

Explanation:

The Cost price formulas count two factors the gives price of product and services. The cost price formula has two factors cost of product and profit percentage that seller want to generate from specific product or services.

5 0
4 years ago
In a sell or process further decision, which of the following costs is relevant?
Alona [7]

Answer: a. Only I

Explanation:

In a sell or process further decision, the only cost that is relevant is the variable production cost that is incurred after split-off.

It should be noted that a split-off is when the parent company of an organization uses specified terms to divests its business unit

6 0
4 years ago
A key distinction between the keynesian and neoclassical economists is that keynesians believe the economy exhibits a ________ a
Valentin [98]

A key distinction between the Keynesian and neoclassical economists is that Keynesians believe the economy exhibits a <u>flat</u> aggregate supply curve and neoclassicals believe it is <u>vertical</u>.

<h3>Who is John Maynard Keynes?</h3>

John Maynard Keynes was a famous British economist during the Great Depression and he was born on the 5th of June 1883. During the Great Depression, John Maynard Keynes advocated and promoted expansionary actions to encourage economic recovery.

<h3>What is a supply curve?</h3>

A supply curve can be defined as a type of chart that is used to graphically represent the total quantity of goods or services that are supplied to consumers at a given price.

Generally, a key distinction between the Keynesian and neoclassical economists is that Keynesian economists have a believe that the economy exhibits a <u>flat</u> aggregate supply curve while neoclassical economists believe it is <u>vertical</u>.

Read more on supply curve here: brainly.com/question/16447785

#SPJ4

7 0
2 years ago
The people in the best position to identify opportunities for improving efficiency are _____________.
Allushta [10]

Functional-level managers

Hope this helps :)

6 0
3 years ago
A commercial bank's reserves are Multiple Choice liabilities to the commercial bank and assets to the Federal Reserve Bank holdi
ad-work [718]

Answer:

assets to the commercial bank and liabilities to the Federal Reserve Bank holding them.

Explanation:

A commercial's bank's reserves are assets to the commercial bank and liabilities to the Federal Reserve Bank holding them.

Assets are all the resources owned by the commercial bank while liabilities are their debts or financial obligations to the Federal Reserve Bank.

The reserves of a commercial bank generally is comprised of deposits at the Federal Reserve Bank and vault cash.

Excess reserves determines the amount a commercial bank can lend out.

3 0
3 years ago
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