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Over [174]
3 years ago
8

If a business owner wants to increase demand for quantity, then the business owner should

History
2 answers:
Tems11 [23]3 years ago
7 0
If a business owner wants to increase demand for quantity, then the business owner should lower the price of the product. This lowering of price will attract more people to go for the product and this will increase the demand for quantity in the market. I hope the answer comes to your help.
nika2105 [10]3 years ago
6 0

The correct answer is: DECREASE THE PRICE CHARGED FOR THE PRODUCT.

The demand function is a downward-sloping curve that puts in relation the price charged for a product with the quantity demanded by consumers.

The law of demand states that, for a normal good, there is an inverse relationship between the two variables previously mentioned: the larger the price of a product, the smaller the quantity that consumers are willing to purchase and viceversa.<u> Therefore, if the business owner aims to trigger a demand increase, he has to decrease the price he charges for the product or service,</u> so that more consumers would be able to afford the good and willing to acquire it in the markets.

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ehidna [41]

The correct answers to these open questions are the following.

1.- Explain why America went into an economic depression after 1929.

The United States lived the harshest economic crisis of all its history after the United States stock market crash of October 29, 1929. After the crash, millions of American people lost their jobs, banks went under bankruptcy, and companies broke. It was a disaster. President Hoover did not want to help teh American people with any special program or legislation.

2.- Explain how the factors which produced prosperity could lead to depression.​

What happened was that the United States lived a prosperous time called the "Roaring 1920s" at the beginning of the decade. People started to spend on necessary and unnecessary things such as homes, cars, electro domestics, and more. The problem was that most purchases were made on credit, generating a deep dent that became insurmountable.

On the other hand, investors in the US stock market were in debt too and when stocks crashed, a crisis followed.  

3 0
3 years ago
The industrial revolution introduced the eight-hour work day. <br> a. True <br> b. False
Katarina [22]
The correct answer is true
7 0
3 years ago
Please Help, no one is answering and I need it really soon!
Dafna1 [17]

Answer and Explanation:

I think the role of chance, oversight, and error in the writing of history is to clarify the events in which happened and test what you believe might have happened..

4 0
3 years ago
How is news media different in most of africa and asia than in western democracies?
dalvyx [7]
<span>The news media is different in most of africa and asia because it is highly monitored and handled by the government, where in western democracies there is more freedom of speech.</span>
6 0
3 years ago
Due to decades of colonization and their recent independence, which region has had a difficult time establishing stable democrac
DIA [1.3K]
1.) A

2.) D

3.) B

Hope this helps!!
6 0
3 years ago
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