Answer:
b. will buy at various prices.
Explanation:
In economics, demand refers to the quantity of a product that buyers are willing and able to buy at a specific price or different prices. For demand to exist, buyers must not only be willing to purchase but must have the financial resources to buy.
Several factors, such as price, customer preferences, and market news, may influence the demand for a product. As per the law of demand, an indirect relationship exists between price and quantity demanded. An increase in price leads to a decline in demand. Changes in prices and preferences or related goods also affect the demand for a product.
Answer: Invitees.
Explanation:
Stan the property agent and Paula the potential buyer are invitees to Chelsea's property. An invitee is a person or group of people invited to the property of an individual for the purpose of a business transaction or a public visit.
Answer:
It is called a "House Location" Survey, which is also sometimes called a "drive-by" survey, and its goal is to show the location of the house and other large structures on the property, as well as the orientation of those structures in relation to each other.
Answer: The answer is given below
Explanation:
a. What is the extended list price of the order?
This will be gotten by multiplying the number of cases with the price list. From the question, we are told that Whole Foods Market ordered 12 cases of organic vegetable soup with a list price of $18.90 per case and 8 cases of organic baked beans with a list price of $33.50 per case.
Organic vegetable soup:
= 12 × $18.90
= $226.80
Organic baked beans= 8 × $33.50
= $268
Total = $226.80 + $268
= $494.80
b. What is the total amount of the trade discount on this order?
We are told that the wholesaler offered Whole Foods a 39% trade discount. This will be:
= 39% × $494.80
= 39/100 × $494.80
= 0.39 × $494.80
= $192.972
c. What is the total net amount Whole Foods owes the wholesaler for the order?
The total net amount will be the total price of the order and the discount. This will be:
= $494.80 - $192.972
= $301.828
