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maria [59]
3 years ago
10

What happens to the individual demand curve as the price of an item increases?

Business
1 answer:
grin007 [14]3 years ago
3 0

Answer:

b. An individual demand for an item will decrease causing a downward slope.

Explanation:

The law of demand states that when other factors are held constant, the price and demand have inverse relationship, which means that as one increases, the other one decreases. So in the case of the of your problem, as the price of an item increases, the demand will decrease (the opposite would be true as well).

So when you put it in a graph, the demand curve would be sloping downwards.

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Michael Chang buys only tennis rackets during a particular year. During the year in question, the price of all goods rises by 10
Zolol [24]

Answer:

Michael does not experience inflation because he only buys Tennis rackets

Explanation:

Inflation is defined as increases in price per unit price.

It is the prolonged increase in the price of goods and services caused by devaluation of currency , demand -pull or cost - push. While a certain degree of inflation can be beneficial to a thriving economy , it can become a threat if it becomes larger.

One of the direct impact of inflation is rise in price of goods and services.

As the price of rackets was not affected by the inflation , that means that Michael was not affected by the inflation.

6 0
2 years ago
Bailee works approximately 60 hours each week as an account executive with an advertising agency and rarely has time to shop. Sh
Papessa [141]

Answer:

Correct option is (a)

Explanation:

Convenience is one the most important benefit offered by online shopping websites. Not every fashion store offers services round the clock. The biggest advantage of online shopping is that it is one stop destination to purchase all types of products. It offers anytime anywhere shopping experience with no extra efforts in terms of time and waiting in queues. Products are delivered to the customer's doorsteps.

Bailee works 60 hours a week and has no time for going out for shopping. She loves the convenience of shopping online as she can shop sitting at home even at midnight and the product is delivered to her within 24 hours.

6 0
2 years ago
The expected date of confinement (eds) is usually estimated by a formula called:
Pachacha [2.7K]
It is called the Naegele's run the show. It predicts an expected due date in light of the beginning of the lady's last menstrual period. You just extra nine months and seven days to land at the due date. 
It is a standard method for ascertaining the due date for a pregnancy while expecting a gestational age of 280 days at labor.
7 0
3 years ago
Choose the definition and example for a rolling budget.
forsale [732]

Answer:

D. A rolling budget is a budget or plan that is always available for a specified future​ period, by continually adding a period​ (month, quarter, or​ year) to the period that just ended. A​ four-quarter rolling budget for 2017 is superseded by a​ four-quarter rolling budget for April 2017 to March​ 2018, and so on

Explanation:

A rolling budget is a budget that is always updated with a new budget period when the recent budget period is over.

7 0
3 years ago
Despite the danger to his career what did edward r. murrow, fred friendly and the staff at cbs accomplish with their truthful re
Liula [17]

Murrow had become a big superstar from his WWII reporting, so he was a big ratings asset for CBS. In reserve to See it Now, he also did a celebrity interview show called Person to Person. Both performances got high ratings by today's criteria, but Person to Someone was more popular.

<h3>How did Edward R Murrow end his broadcast?</h3>

The blitz gave Murrow the signature phrases that he used to open and close his broadcasts. He started by saying “This is London.” He completed his reports with “Goodnight and good luck.” That was a phrase Londoners used to end their discussions when they were not sure they'd be able to see each other the next day.

<h3>Who was Edward R. Murrow ?</h3>

Edward Roscoe Murrow was an American broadcast correspondent and war correspondent. He first attained prominence during World War II with a series of live radio broadcasts from Europe for the news section of CBS.

To learn more about Edward Roscoe, refer

brainly.com/question/14433468

#SPJ4

7 0
1 year ago
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