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Allushta [10]
3 years ago
11

A demand curve:

Business
1 answer:
Arada [10]3 years ago
7 0

Answer:

3. indicates the quantity demanded at each price in a series of prices.

Explanation:

The demand for a product can be described as the quantity that buyers are willing and able to buys at a given price or different prices. As per the law of demand, an indirect relationship exists between the price and demand for a product. This relationship can be expressed in a graph format known as a demand curve or as a table format known as the demand schedule.

A demand curve is downward sloping. It demonstrates how demand varies at different prices.  A change in price cause movement along the demand curve. Low price results in high demand, while high prices result in low demand.

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When is the bargaining power of the buyer greater than that of the supplier?.
malfutka [58]

Answer:

Switching costs

Explanation:

Switching costs: If there are not many alternative suppliers available, the cost of switching is high. Therefore, buyer power would be low. Backward Integration: If the buyer is able to integrate or merge suppliers, the buyer has greater bargaining power over the existing suppliers.

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Why do firms generally prefer to borrow funds to obtain long-term financing rather than issue shares of stock?
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3 years ago
Refer to the following selected financial information from McCormik, LLC. Compute the company's current ratio for Year 2. Year 2
swat32

Answer: 3.39

Explanation: Current ratio can be defined as a liquidity ratio which is used by the accountants the evaluate the ability of the company to pay its short term obligations. It can be computed as follows :-

current\ ratio=\frac{curret\ assets}{current\ liabilities}

where,

current assets = $38,500 + $100,000 + $90,500 + $126,000 + $13,100 = $368,100

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now putting the values into equation we get :-

current\ ratio=\frac{368,100}{108,400}

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8 0
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Answer: a. ethnocentric

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3 years ago
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