1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
m_a_m_a [10]
3 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]3 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

You might be interested in
Which depict a negative externality? (Select all that apply)
kompoz [17]

Answer:

The corrects answers for this would be A and C.

Explanation:

As you can see, for both a and c, those are the only two answers that have a negative outcome, hence the negative externality.

5 0
2 years ago
A buyer purchased a new residence for $175,000. The buyer made a down payment of $15,000 and obtained a $160,000 mortgage loan.
Naily [24]

Answer:

Buydown, is the right answer.

Explanation:

This is a buydown mortgage arrangement because in the buydown financing technique the buyer tries to take lower interest rates in the initial year of the loan period. Moreover, some mortgage lenders provide buydown discounts or points as part of their promotion. Secondly, the builder pays the initial payment to the mortgage institution that results in the lower buyer’s payment.

3 0
3 years ago
Insurance is _____________ when the possible loss is relatively large compared to the amount of the premium.
Andreyy89

Using economic understanding, insurance is "<u>Economically feasible</u>" when the possible loss is relatively large compared to the premium amount.

This is because when an individual insured on a premium account loses huge properties that are considerably large compared to the premium paid, this is economically feasible to such an individual.

For example, if an individual has his vehicle worth $1 million on damaged but has only paid less than $100,000 as insurance fee, such individual would have his car replaced by the insurance firm, despite only paying 10 percent of the car price as insurance fee.

Thus, this situation is considered <u>economically feasible.</u>

Hence, in this case, it is concluded that the correct answer is "<u>Economically feasible."</u>

Learn more here: brainly.com/question/13769098

8 0
2 years ago
The best business writing is purposeful, economical, and ________. a. feelings oriented b. technical c. revenue driven d. audien
alexgriva [62]

Answer: (D) Audience oriented

Explanation:

 The effective business writing is should be economical, audience oriented and also purposeful to the public so that we can easily explain about the main objective of the topic.

The importance of the business writing is that  it helps in providing the strengthening of our organization and also build good communication with the consumers.

The audience oriented is one of the efficient communication with the audience where the speaker use their skills such as content and language for explaining bout the topic purpose in front of audience.

 Therefore, Option (D) is correct.

4 0
3 years ago
GDP does not count: Group of answer choices
Salsk061 [2.6K]

Answer:

tththhr

Explanation:

6 0
2 years ago
Other questions:
  • Excerpts from Dowling Company's December 31, 2021 and 2020, financial statements and key ratios are presented below (all numbers
    14·1 answer
  • Josh is convinced that subgroups exist within his company’s current customer base. Further, he believes that these different gro
    10·1 answer
  • A contact center manager is looking for ways to overall cost per case.
    11·1 answer
  • Which one of the following is a formal document to manage and control project execution?
    11·1 answer
  • The Greek Connection had sales of $32 million in 2009, and a cost of goods sold of $20 million. A simplified balance sheet for t
    15·1 answer
  • Helena Company uses a standard cost system, and allocates variable overhead costs based on direct labor hours. This month, the f
    6·1 answer
  • Sanders Sporting Goods, an international sporting goods chain, is being sued for sexual harassment by a former Sanders employee.
    8·1 answer
  • Given the following, calculate total manufacturing costs: Direct materials: $40,000; Direct labor: $100,000; Manufacturing overh
    11·1 answer
  • Which of the following statements would come from someone classified as unemployed? Question 25 options: I can't stand my curren
    13·1 answer
  • How would you balance demands from different stake holders that are at<br> variance with each other?
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!