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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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For Crafton Company, indirect labor is budgeted for $57,000 and factory supervision is budgeted for $65,000 at normal capacity o
Masteriza [31]

Answer:

$124,700

Explanation:

Indirect labor budgeted is $57,000

Factory supervision is $65,000

The normal capacity is 142,500

Direct labor 145,000

Therefore the flexible budget can be calculated as follows

= 57,000+65,000/142,500

= 122,000/142,500

= 0.86

0.86×145,000

= 124,700

Hence the flexible budget is $124,700

4 0
3 years ago
A retained earnings appropriation is a restriction of retained earnings by
Solnce55 [7]

the answer is C. the board of directors

7 0
3 years ago
If you are planning to carry a large balance on your credit card which of the following credit card features should you look for
bija089 [108]
The correct answer would be a LOW APR. If you are planning to carry a large balance on your credit card the credit card feature that should you look for is with a low APR. Other options for this question include low annual fees, lots of credit card rewards and a <span>large credit limit. Hope this answer helps.</span>
4 0
3 years ago
1. A man buys a laptop for £540 and sells it for £615. Find his loss or profit.
Korvikt [17]
<h3><u>Question</u><u>:</u><u>-</u></h3>

A man buys a laptop for £540 and sells it for £615. Find his loss or profit.

<h3><u>Answer</u><u>:</u><u>-</u></h3>

The man had a profit of £75

<h3><u>Explanation</u><u>:</u><u>-</u></h3>

Cost price = £540

Selling price = £615

▶️Profit = Selling price - Cost price

▶️Profit = £615 - £540

▶️ Profit = £75

6 0
3 years ago
Read 2 more answers
What type of process includes order processing, customer service processing, sales processing, customer billing processing, and
faltersainse [42]

Answer:

The correct answer is: Customer-facing processes.

Explanation:

The customer-facing process is the type of business in which a vendor is in charge of not only for the sale but also for all the steps involved in delivering the product sold to the buyer. Customer-facing processes are considered part of Customer Relationship Management (CRM) and aim to increase the satisfaction of consumers.

3 0
3 years ago
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