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]
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

You might be interested in
Terminating an employee for the use of illegal drugs is an example of a(n) _____ turnover. retentive external voluntary absentee
klasskru [66]

Answer:

involuntary

Explanation:

Involuntary turnover happens when an employee is dismissed from a position and asked to leave. In that respect, employees may be expelled for several reasons, usually for deficient performance and inadequate behavior. In contrast, voluntary turnover occurs when employees quit and the company wishes to keep them.

3 0
3 years ago
When a buyer’s willingness to pay for a good is equal to the price of the good, a. the buyer’s consumer surplus for that good is
igomit [66]

Answer:

a. the buyer’s consumer surplus for that good is maximized.

Explanation:

The consumer will purchase up to the moment at whose preference price matches the market price.

Because of the diminished return theory, the following unit (k+1) will have a lower benefit to the consumer thus, it will have purchased only if the price is lower. Therefore, it will not purchase as the market price is the same as the previous unit but the consumer benefit is lower.

6 0
3 years ago
The entity that promises to make the interest and maturity payments for a bond issue is called the:.
vichka [17]

The entity that pledges to make the interest and maturity payment for bond issues is called the <u>issuer.</u>

<u></u>

<h3>Who is a Bond issuer?</h3>

A bond is a completely fixed instrument that reflects an investor's debt to a borrower.

Bonds terms and conditions include the end date when the capital of the loan is scheduled to be paid to the bond owner with a fixed or variable interest payment.

Bond Issuers are businesses or entities that generate and take loans from people who buy bonds in exchange for periodic interest and repayment of the principal amount when the bonds mature.

Learn more about who is a Bond issuer here:

brainly.com/question/25525397

5 0
2 years ago
If house prices in the neighborhood immediately fall by 10 percent (before any mortgage payments are made), what would happen to
Jet001 [13]

Answer:The net worth of Joe and Mike will reduce.

Explanation:

It will reduce because the only asset they both have is the houses in the neighbourhood and since prices have reduced,their net worth will also reduce.

3 0
3 years ago
Select the correct answer.
KIM [24]

Answer:

B

Explanation:

6 0
3 years ago
Read 2 more answers
Other questions:
  • Earleton Manufacturing Company has $3 billion in sales and $600,000,000 in fixed assets. Currently, the company's fixed assets a
    10·1 answer
  • Problem definition requires the researcher to specify what information is needed to assist in either solving problems or identif
    12·1 answer
  • In the face of strong competition from Amazon, Walmart's 2016 acquisition of Jet. com was driven by a strategic objective, such
    11·1 answer
  • For a closed economy, GDP is $11 trillion, consumption is $7 trillion, taxes are $2.5 trillion and the government runs a surplus
    14·1 answer
  • nformation concerning Johnston Co.'s direct materials costs is as follows: Standard price per pound $ 6.45 Actual quantity purch
    8·1 answer
  • If the Fed orders an expansionary monetary policy, describe what will happen to the following variables relative to what would h
    15·1 answer
  • Mateo has a passion for collecting old watches. He's particularly interested in those from the 1920s because they have a history
    10·1 answer
  • A team member who supports the team by performing his or her assigned duties is a
    14·2 answers
  • How does harmonization work in the single market? Economics question
    6·1 answer
  • What characteristic is somewhat shared by perfect competition and
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!