1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Montano1993 [528]
3 years ago
8

In much of the country, homeowners choose to heat their houses with either natural gas or heating oil. Which of the following wo

uld cause an increase in the demand for natural gas? O an increase in the price of natural gas
1. a decrease in the price of natural gas
2. a decrease in the price of heating oil
3. an increase in consumer incomes
4. a decrease in the price of heating oil
Business
1 answer:
nikdorinn [45]3 years ago
5 0

Answer:

1. a decrease in the price of natural gas

Explanation:

Given that homeowners choose to heat their houses with either natural gas or heating oil. It means that natural gas and heating oil are substitute products.

If there will be an increase in the demand for natural gas, there will invariably be a decrease in demand for heating oil.

From the options given, a decrease in the price of natural gas will result in and increase in it's demand.

You might be interested in
On October​ 1, 2019, Fashion Jewelers accepted a​ 5-month, 11% note for​ $7,500 in settlement of an overdue account receivable.
Nataliya [291]

Answer:

The accrued interest on the note at December​ 31, 2019 is $206.25

Explanation:

Fashion Jewelers accepted a​ 5-month, 11% note for​ $7,500.

The amount of interest for 1 year = 11% x $7,500 = $825

The amount of interest for 1 month = $825/12 = $68.75

From October​ 1, 2019 to  December 31, 2019, Fashion Jewelers has accepted the note for 3 months.

The accrued interest on the note at December​ 31, 2019 = $68.75 x 3 = $206.25

7 0
3 years ago
Cheryl wants to have $2,000 in
Marina CMI [18]

Answer:

$1, 727.68

Explanation:

Cheryl wants to have $2000 three years from now in an account that pays 5%

The $2000 is equivalent to the Future value when applying the compound interest formula. The present value is the amount she needs to invest now.

Fv= PV (1+5/100)^3

$2000 = PV(1+0.05)^3

$2000 =Pv 1.157625

Pv = $2000/1.157625

Pv= 1,727.68

Cheryl has to invest $1, 727.68

4 0
2 years ago
How do you calculate for equilbrium national income output?thank you ❤​
ad-work [718]

<em>Most simply, the formula for the equilibrium level of income is when aggregate supply (AS) is equal to aggregate demand (AD), where AS = AD. Adding a little complexity, the formula becomes Y = C + I + G, where Y is aggregate income, C is consumption, I is investment expenditure, and G is government expenditure.</em>

8 0
3 years ago
Your company is producing a phone with a new video feature. You need to review design specifications with the production company
Nana76 [90]

Answer: Because it is a private issue that concers only to the company and has to be handled with care, besides, other companies don't have to know about the specifications review.

Explanation: According to Ricks and Gow, “The primary purposes of business letters are to inform, instruct, request, inquire, remit, order, advice, correct and to question.” The basic purpose of any business letter is to <u>convey information</u> regarding business activities.

3 0
2 years ago
Read 2 more answers
In 2007, Gillette saw an opportunity to capture the market of 500 million Indians who used double edge razors with no protection
rusak2 [61]

Answer:

Gillette in India

The failure of the Vector was caused by the fact that Indian men have longer and thicker hair, which the lack of earlier research in the targeted demographic segment did not discover.

Explanation:

Since Indian men have longer and thicker hair than the local consumers of Gillette's razor products in America, an earlier research would have uncovered the fact.  Thereafter, the discovery would have been incorporated into the design and production of Vector for the Indian market. No wonder, with its Mach 3 Turbo razor, Gillette overcame its initial inertia and handicap and made a success of the razor business in India.

5 0
2 years ago
Other questions:
  • Let’s suppose you (USA dealer) imported a product from German on Dec 1, 2018 at € 300, payable in 60 days. You sold the product
    13·1 answer
  • The information provided by financial reporting pertains to A. individual business enterprises, industries, and an economy as a
    12·1 answer
  • The celebration of key accomplishments by chest bumps and the push-up contests reflected what level of organizational culture at
    8·1 answer
  • Accounting is referred to as the language of business because it is the method of communicating business information to decision
    8·1 answer
  • If a company has been found guilty of using _______________________________________, it means it reduced prices below cost in or
    15·1 answer
  • You are considering an investment project with an internal rate of return of 8.7 percent, a net present value of $393, and a pay
    8·2 answers
  • Which of the following is not a benefit of contributing to a retirement
    6·1 answer
  • Departmental contribution to overhead is calculated as the amount of sales of the department less: Direct and indirect costs. Pr
    7·1 answer
  • Calculate the arithmetic average returns for large-company stocks and T-bills over this period. (Do not round intermediate calcu
    5·1 answer
  • Because accepted practice for establishing rapport, greetings, and even the exchange of business cards can vary widely around th
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!