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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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Compared to other groups, the _______________ generational cohort is more likely to complain, need special attention, and take t
Vinvika [58]

Answer:

<u>Seniors </u>

Explanation:

The seniors generational cohorts refers to the generation that preceded the generation of baby boomers classified as those individuals who were born between 1946 and 1964.

The seniors generation is habitually complaining, something inherited from their witnessing times of wars and periods of uncertainties and financial distress.

This generation commands respect, special attention and at the same time are more miserly in their spending habits.

Also a common observation being, these individuals are not well familiar and adept with technological advancements such as gadgets, systems and modern day appliances in the sense they require more time to get used to them.

5 0
3 years ago
Clonex Labs, Inc., uses a process costing system. The following data are available for one department for October:
Alex73 [517]

Answer:

Equivalent units of Production = 46500 & 37800

Explanation:

At the start of October, Clonex Labs inc, started with 385000 units into production and at the end of the month it had completed 409000 units this means the difference between 409000 and 385000 is the number of units transferred to the next department (i.e 24000), now that we have computed this, we find ending work-in-process as follows:

Clonex Labs, Inc.                                           Materials   Conversion

Units transferred to the next department:    24000        24,000

Ending work in process :

Materials : 30000x75%                                  22500

Conversion : 30000x46%                                                    13800

                                                                      -------------        -------------

Equivalent units of Production =                    46500           37800            

                                                                     =========        ========  

3 0
3 years ago
Disposable personal income is A. personal income minus indirect business taxes. B. national income minus depreciation. C. person
Anni [7]

Answer:

C. personal income minus personal taxes.

4 0
3 years ago
Your parents will retire in 19 years. They currently have $300,000, and they think they will need $1 million at retirement. What
Svetlanka [38]

Answer:

rate = 6.54%

Explanation:

we need to find the rate at which a capital of 300,000 becomes 1,000,000 in a period of time of 19 years.

<u>So we build the following equation:</u>

300,000 (1+r)^{19} =1,000,000

(1+r)^{19} =1,000,000 \div 300,000

r=\sqrt[19]{1,000,000 \div 300,000}-1

rate = 0.065417765 = 6.54% after rounding

This will be the rate my parent will require to generate 1,000,000 in 19 years with their current savings of 300,000.

3 0
3 years ago
The total factory overhead for Martin Company is budgeted for the year at $375,000. Martin manufactures two garden products: a l
meriva

Calculation of total number of budgeted direct labor hours for the year:


It is given that Martin manufactures two garden products. These products each require four direct labor hours (dlh) to manufacture. Each product is budgeted for 2,500 units of production for the year.

Hence, the total number of budgeted direct labor hours for the year shall be = 2 Products *2500 units * 4 dlh = 20,000 dlh.



4 0
3 years ago
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