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2 years ago

A shift in the demand curve can be caused by a change in one of the determinants of demand.

Business

1 answer:

Dominik [7]2 years ago

3 0

Answer:

A- A change in the technology used by firms.

Explanation:

A change in technology can affect the demand of products and services. It can lead to the increased demand for a certain product, reducing the demand for an older product.

With the use of technology to upgrade products and services, demand curves will continually shift, according to preferences of customers.

Technology could be used by firms to produce upgrades and newer variations of products at more favorable prices for customers than existing products. This leads to competition and the demand for the newer device goes up since people see the new product as 'getting more for less'. A good example is computers and tablets. Tablets which could match up with the work of computers were produced at lower prices. This shifted the demand towards tablets, making computers more obsolete.

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the property taxes on a house that Alan owns and rents out to have increased. to balance his monthly budget, he decides to incre

Allushta [10]

In this scenario the type of tax his tenants pay is called Indirect tax

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3 years ago

Read 2 more answers

(I) Because interest rates on Treasury bills are more volatile than rates on long-term securities, the return on short-term Trea

kherson [118]

Answer:

B) (I) is false, (II) true.

Explanation:

Even though short term rates (Treasury bills) are much more volatile than long term rates (Treasury bonds), it is normal that the rate of return on Treasury bills is lower than the rate of return on Treasury bonds. Some of the reasons why Treasury bills have such a low rate of return is that they are very liquid investments and they don't pay any periodic interest.

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2 years ago

To loosen credit the Federal Reserve will: A sell U.S. Government securities to bank dealers with an agreement to buy them back

ANEK [815]

Answer:

B buy U.S. Government securities from bank dealers with an agreement to sell them back at a later date

Explanation:

The Federal reserve uses open market operations to regulate liquidity in the economy. This eases or restricts how bank dealers can give credit.

To ease credit giving ability of bank dealers the Federal Reserve will buy US Government securities from bank dealers. This gives them extra money which they can give out as loans to their customers.

On the other hand when credit needs to be tightened, the Federal Reserve will mop up cash by selling Government securities to the bank dealers

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3 years ago

Pound Industries’ customer service department follows up on customer complaints by telephone inquiry. During a recent period, th

goldfiish [28.3K]

Answer:

$85,260.

Explanation:

The Pound industries customer service department incurs $203,000 when 7,000 calls were made. The calls allocated to wholesale operations are 2,940 calls. To identify cost per call, we divide total cost by number of calls initiated.

Cost per call = $203,000 / 7000 calls

Cost per call = $29.

Wholesales operations cost = No. of calls for wholesale operation / Cost per call.

Wholesale operations cost = 2,940 calls * $29 / call

Wholesale operation cost allocated amount = $85,260.

6 0

2 years ago

Randy and Sam orally agree to the sale of 1,000 pencils at $.25 each. This contract is Group of answer choices Enforceable Not e

bixtya [17]

Answer:

Enforceable

Explanation:

Statute of frauds are legal requirements that a contract must have before it is considered to be enforceable.

Normally written contracts are required for transactions that are above $500, for sale of land, and transctions that last one year or longer.

The contract amount in the given scenario is (1000 pencils * $0.25) = $250

This amount falls below what is required for a written agreement. So an oral agreement can suffice in this case.

The contract is enforceable

6 0

2 years ago