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worty [1.4K]
3 years ago
9

What does the graph show about the relationship between a product and its price?

Business
2 answers:
polet [3.4K]3 years ago
8 0

Answer:

The correct answer is: As the interest in a product goes up, the price goes up.

Explanation:

Increasing interest and thus increasing demand leads to increased demand for a particular good or service. In this respect, as production remains constant, the increased demand for goods or services pressures the supply of this good or service, culminating in its price increase.

BARSIC [14]3 years ago
6 0

Answer:

c

Explanation:

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Roanoke Company produces chocolate bars. The primary materials used in producing chocolate bars are cocoa, sugar, and milk. The
Levart [38]

Answer:

$0.16

Explanation:

Particulars       Quantity   Price    Amount

Cocoa                  400       $1.25      $500

Sugar                   80         $0.40     $32

Milk                      120        $2.50     <u>$300</u>

Total                                                  <u>$832</u>

Standard direct materials cost per bar = Total amount / Number of bar

Standard direct materials cost per bar = $832 / 5,200 bars

Standard direct materials cost per bar = $0.16

7 0
3 years ago
Stoneheart Group is expected to pay a dividend of $3.25 next year. The company's dividend growth rate is expected to be 3.5 perc
Vera_Pavlovna [14]

Answer:

$37.79

Explanation:

The computation of the stock price is shown below:

Data given in the question

Next year dividend = $3.25

Growth rate = 3.5%

Required rate of return = 12.1%

So, the stock price is

= Next year dividend ÷ (Required rate of return - growth rate)

= $3.25 ÷ (12.1% - 3.5%)

= $3.25 ÷ 8.6%

= $37.79

We simply apply the above formula to find out the stock price

5 0
3 years ago
Which of these conditions helped establish the foundation for a market revolution in the United States
Digiron [165]

Question Completion:

Choices: Rapid improvements in transportation and communication; the production of goods for a cash market; and the use of inventions and innovations to produce goods for a mass market.

Answer:

The condition that helped to establish the foundation for a market revolution in the United States is:

Rapid improvements in transportation and communication

Explanation:

Rapid improvements in transportation and communication spurred innovations.  With innovations, capitalism was born.  Innovations needed factories for mass production.  In turn, according to American History, "factories and mass production increasingly displaced individual artisans and farmers," who survived at subsistent levels.  Large farms grew and produced crops for distant markets, no longer only for family and local markets.  Most of the crops were further processed, packaged, preserved, and shipped through cheap transportation systems like the Erie Canal, using steamboats.  And the rest, they say, is history.

3 0
3 years ago
Werner installs custom sound systems in cars. If he installs seven systems per day, his total costs are $300. If he installs eig
sergiy2304 [10]

Answer:

$100

Explanation:

Total cost if he installs seven systems = $300

Total cost if he installs eight systems = $400

Therefore, the marginal cost of installing 8th system is the difference between the total cost of installing eight systems and the total cost of installing seven systems.

Marginal cost of installing 8th system:

= Total cost of installing 8 systems - Total cost of installing 7 systems

= $400 - $300

= $100

The profit maximization conditions says that the marginal cost must be equal to the marginal revenue.

Hence,

William will install eight systems per day only if the eight customer is willing to pay at least $100.

8 0
3 years ago
The Administrator of the state of Wisconsin has designated the Investment Adviser Registration Depository (IARD) as the approved
Valentin [98]

Answer:

In states where the administrator has designated the IARD as the method for filing registration applications electronically, two exemptions are available.  The exemptions are given in cases where the form that is filed cannot be accepted by the IARD and for hardships incurred through unexpected technical difficulties in filing. In such cases the investment adviser may file a manual application.

7 0
3 years ago
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