It has been stated under the law of supply that as the price of a good rises, the quantity supplied of the good in the market starts to increase. Therefore, the option D holds true.
<h3>What is the significance of law of supply?</h3>
The law of supply can be referred to or considered as the law under an economy that represents the relationship between price and quantity of a good in the market during a given time. According to this law, when price decreases, the supply is also decreased, and vice versa.
Therefore, the option D holds true and states regarding the significance of law of supply.
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The missing options to the incomplete question have been added below for better reference.
The law of supply states that as the price of a good rises, the quantity supplied of that good
Disappears.
Decreases.
Remains the same.
Increases
The Customer lifetime value helps to inform a business on how much it should spend to maintain a relationship in database marketing campaign.
<h3>What is a
Customer lifetime value?</h3>
A customer lifetime value refers to a ratio that tells about the total revenue that a business can reasonably expect from a single customer.
Hence, the customer lifetime value helps the firm to know valuable customers which allows to know who to treat most importantly
Therefore, the Option C is correct
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Answer:
Option (A) $130,000,000
Explanation:
Data provided in the question:
Excess reserves = $80,000,000
Checkable deposits = $500,000,000
Reserve requirement by the bank = 10%
Now,
The bank’s total amount of reserves will be
⇒ Reserve requirement × Checkable deposits
or
= 10% × $500,000,000
= 0.10 × $500,000,000
= $50,000,000
Hence,
the total amount of reserve = Required reserve + Excess reserves
= $80,000,000 + $50,000,000
= $130,000,000
Option (A) $130,000,000
Answer:
Demand in January will be 640 units
So option (C) will be the correct option
Explanation:
We have given average demand for a particular product is 800 units
And seasonal index = 0.8
We have to find the demand in a particular session , that is in January
We know that seasonal index is given by
So
So demand in January = 640
So option (c) will be the correct option