For most products, an <u>inverse</u> relationship exists between the price of a specific product and its quantity demanded.
Quantity demanded refers to the specific amount of a product or service that consumers are willing and able to purchase. The quantity demanded of a particular product or service can be either increased or decreased depending on a change in its price.
According to the law of demand, the price of a product has an inverse relationship with its quantity demanded. The inverse relationship employs that higher prices of products result in lower quantity demanded, and lower prices of products result in higher quantity demanded.
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Answer:
C
Explanation:
They are the ones to use to products.
<span>Of all the expresions given (B) is the correct answer. So the answer is "let's not repeat our competitor's mistakes". Redundant is a expressions which says it no longer in use or needed. So by the definition of it, the above phrase seems the option.</span>
It is true that capital gains refer to profits from the sale of investments.
Answer: $8,857.14
Explanation: $620/.07= $8,857.14