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dlinn [17]
3 years ago
11

How would you expect an increase in the price of a good to affect its demand curve?

Business
1 answer:
ValentinkaMS [17]3 years ago
4 0

Answer: It will cause the demand curve to move inwards to the left

Explanation:

An increase in the price of a good will cause a decrease in the quantity demanded. This is in line with the law of demand that states that the higher the price the lower the quantity of goods that will be demanded.

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X-treme Vitamin Company is considering two investments, both of which cost $22,000. The cash flows are as follows: Year Project
olga2289 [7]

Answer:

0.88 year and 1 year

Explanation:

The computation of the payback period for Payback period for Project A and Project B is shown below:

Payback period = Initial investment ÷ Net cash flow

For Project A

Initial investment = $22,000

Year 1 = $25,000

Since the initial investment is less than the annual cash flows so the payback period is

= 0 years + ($22,000 ÷ $25,000)

= 0.88 years

For Project B

Initial investment = $22,000

Year 1 = $22,000

So, the payback period is

= $22,000 ÷ $22,000

= 1 year

4 0
3 years ago
Julie transferred a building with an adjusted basis of $240,000 for another building with a fair market value of $350,000 and $2
NARA [144]

Answer:

$135,000

Explanation:

The realized gain can be calculated as under:

Realized Gain = Market Value received    -   Adjusted Basis

Here

Market Value received is $375,000 (350k + 25k)

Adjusted Basis $240,000

By putting values, we have:

Realized Gain = $375,000 - $240,000 = $135,000

7 0
3 years ago
List the main differences between a free-market system, a command economy, and a mixed economy.
soldier1979 [14.2K]
A command economy is no freedom to the people.
The mixed economy has public input and government input
A free-market system is to the public where they can freely change prices and products. It is free from government intrusion
6 0
3 years ago
One consequence of providing an inaccurate operational definition of the properties we intend to measure is that the measurement
Nana76 [90]
It will be INVALID. because the consequence of providing an inaccurate  operational cannot be
8 0
2 years ago
Carter Motor Company, claims that its new sedan, the Libra, will average better than 23 miles per gallon in the city. Assuming t
aliina [53]

Answer: c. There is sufficient evidence to support the claim that the mean is greater than 23 miles per gallon.

Explanation:

When doing a research, there are 2 Hypothesis one must come up with which are the Null Hypothesis and the Alternative hypothesis.

The Null Hypothesis should state that there is no relationship between the variables which in this case would mean that new sedan, the Libra, will <em>not</em> average better than 23 miles per gallon in the city.

The Alternative Hypothesis on the other hand affirms the belief of the researcher which in this case is that new sedan, the Libra, <em>will </em>average better than 23 miles per gallon in the city.

As the null hypothesis was rejected by the evidence, it means that indeed the Libra mean is greater than 23 miles per gallon.

5 0
2 years ago
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