1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Zigmanuir [339]
3 years ago
10

What is a demand relationship?

Business
1 answer:
NeX [460]3 years ago
8 0

Answer:

Demand relationship is the relationship between the dominant prices of a good and the quantity that will be bought at that price.

Explanation:

Demand can be defined as the quantity of a good that consumers are ready to purchase at different prices at a given period of time.

The basic demand relationship is between potential prices of a good and the quantities that would be bought at those prices. The relationship is always a negative one, this implies that an increase in price will lead to a decrease in the quantity demanded. This negative relationship is represented in the downward slope of the consumer demand curve. Take for instance, if the price of a bag of rice rises from $10 to a price of $20, this is a huge price increase. This increase forces the consumer to demand less of that product at the price of $20 because the new price is more expensive and also very unreasonable for a bag of rice.

You might be interested in
n investor has $100,000 invested in an account that earns 5% annually. The investor wishes to withdraw $12,000 per year. If the
lawyer [7]

Answer:

11 years

Explanation:

For computing, the number of years or the account will be fully depleted we need to apply the NPER formula i.e to be shown in the attachment below:

Given that,  

Present value = $100,000

Future value = $0

PMT = $12,000

Rate of interest = 5%

The formula is shown below:

= NPER(Rate;PMT;-PV;FV;type)

The present value come in negative

So, after applying the above formula, the number of years in which the account is depleted is 11 years

3 0
2 years ago
If the Federal Reserve buys $8,500 worth of securities from non-bank public, and the non-bank public then keeps the payment from
vova2212 [387]

Answer:

c: C increases by $8,500 and the MB increases by $8,500

Explanation:

If the Federal Reserve buys $8,500 in securities from non-bank public and then payment is kept from the bank in form of cash, theC increases by $8,500 and the MB increases by $8,500

5 0
3 years ago
What is the purpose of annotating mail?
NARA [144]
To annotate something is to look over. You need to re-check your mail before you send it off. Make sure the address is right. Make sure everything on there is correct before you send it off. The people that deliver the mail need to make sure they are giving the right person the right mail.<span />
3 0
3 years ago
Central Perk orders their organic coffee filters from a South American supplier that mails them as inexpensively (hence, as slow
Damm [24]

Answer:

1495 filters are considered as safety stock.

Explanation:

d = 80 filters, std devd= 5, L = 14 days, std dev L= 2 days

Std dev dL = Sq rt ( Lσ d2 + d 2σ L2  ) = sq rt ( 350 + 25600) = 161 filter

z= 2.33 at 99% SL

safety stock = 2.33 X 161 = 375 filter

Reorder point = dL + Safety stock = 80 X 14 + 375 = 1495 filters

3 0
3 years ago
Joey set up a lawn-mowing business in his neighborhood. He currently has 7 customers that want their lawns mowed each week, for
monitta

Answer:

Joey's weekly revenue is $175.

4 0
3 years ago
Other questions:
  • What is the expected salary range for ocean engineer from entry level to being at the top of their field?
    8·1 answer
  • Gross Domestic Product (GDP) is:
    12·1 answer
  • Marcus is a self-employed marketing consultant. He is good at helping his clients with their marketing challenges; however, he i
    6·1 answer
  • Heidi comes from an upper-middle-class family, and after high school she went through a period of exploration. She spent some ti
    8·1 answer
  • An increase in the demand for loanable funds will occur if there is A. an increase in the real interest rate. B. an increase in
    15·2 answers
  • The following selected transactions were completed by Silverado Delivery Service during February:1. Received cash from owner as
    9·1 answer
  • What characteristics of the board of directors usually lead to effective corporate governance?
    10·1 answer
  • How much miles can a BMW go
    7·2 answers
  • 3. During the year, Walt travels from Seattle to Tokyo (Japan) on business. His time was spent as follows: 2 days’ travel (one d
    14·1 answer
  • In what order must the three key financial statements be prepared?
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!