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Zielflug [23.3K]
3 years ago
7

According to the law of demand, what is the relationship between price and quantity demanded?

Business
1 answer:
Sindrei [870]3 years ago
3 0

Answer:

According to the law of demand, there is a negative or an inverse relationship between the price of the good and the quantity demanded of that good. This means that an increase in the price of a commodity will lead to decrease the quantity demanded for this commodity and a fall in the price of a commodity will lead to an increase in the quantity demanded for this commodity.

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3 State three legal obligation of a buyer to a supplier ?​
lana66690 [7]

Answer:

Pedagogical analysis is selection of appropriate objectives and strategies in various instructional situations to access the level of actual teaching at the end. A comprehensive vision of required tasks, strategies for realization of specific goals facilitates effective teaching.

#phokatkagyan

8 0
3 years ago
On January 1, Year 1, Stratton Company borrowed $100,000 on a 10-year, 7% installment note payable. The terms of the note requir
lisov135 [29]

Answer:

1. Debit Interest Expense $7,000; debit Notes Payable $7,238; credit Cash $14,238.

Explanation:

The journal entry is shown below:

Note payable A/c Dr $7,238

Interest expense A/c Dr $7,000

  To Cash A/c $14,238

(Being the first payment on the note is recorded)

The computation of the interest expense is shown below:

= Borrowed amount × rate of interest

= $100,000 × 7%

= $7,000

And, the remaining balance left is reported in the note payable account

3 0
3 years ago
Please Help: how do safe investments usually have a lower rate of return than riskier ones. Should be written in a paragraph
ivolga24 [154]
Safe investments usually stay stable on the stock market, and don't go up very fast. Risky investments can shoot up or shoot down. If you invest money into a safe investment, you're less likely to gain lots of money, or lose lots of money. If you invest in riskier ones, you're a lot more likely to gain lots of money, but you also are more likely to lose money.
8 0
3 years ago
Read 2 more answers
the form of entry strategy into international operations that offers the lowest level of control for the domestic corporation wo
Marina CMI [18]

<u>Licensing offers the lowest level of control for the domestic corporation</u> because the licensee is typically an independent entity that is not under the direct control of the licensor.

<h3>Licensing as an Entry Strategy into International Operations</h3>

  • <u>The form of entry strategy into international operations that offers the lowest level of control for the domestic corporation would be:</u> Licensing.

<u>The </u><u>licensor</u> may have some influence over the licensee's operations, but this influence is typically limited to matters such as quality control and adherence to the terms of the license agreement.

The main advantage of licensing as an <u>entry strategy</u> is that it requires relatively little investment on the part of the licensor. The licensor typically only needs to provide the licensee with the necessary technology or <u>know-how</u>, and does not need to establish a new physical presence in the foreign market. This can be a <em>significant advantage</em> for companies that are seeking to enter foreign markets quickly and with limited resources.

Learn more about Licensing: brainly.com/question/18611420

#SPJ4

6 0
1 year ago
Kate takes a part-time job and the sacrifice of study time causes her grade point average to fall from 3.5 to 2.9. Assume that t
Lorico [155]

Answer:

The correct answer is option c.

Explanation:

The opportunity cost of an economic decision can be defined as the cost of sacrificing or giving up the second-best alternative. Since the resources are scarce and have alternative uses we have to give up some uses in order to choose one.  

Kate earlier had a grade point average of 3.5.

She took up a part-time job. Her grade fell to 2.9, as a result of the reduction in study time.  

The opportunity cost of taking up the job will be the loss of 0.6-grade point average.

4 0
3 years ago
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