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3 years ago

The downward slope of the demand curve again illustrates the pattern that as _ rises, _____ decreases.

2 answers:

8 0

<span>The demand curve shows a downward slope when graphed on the axes of quantity (X) and price (Y). This indicates that as price for a good drops, the quantity demanded rises. Conversely, the opposite is true - as price rises, quantity demanded decreases. As such, the answer to this question is C.</span>

Lorico [155]3 years ago

3 0

The correct option from the given choices is; "<span>c. price, quantity demanded".
</span>
The demand curve refers to graphical representation, which is used to show the relationship amongst cost (price of good) and quantity.Normally, the cost will show up on the left vertical axis, and on horizontal axis the demand of quantity is represented. The relationship between them is inverse relation or we can say that both price and quantity are inversely related to each other.

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2 years ago

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Answer:

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Explanation:

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3 years ago

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3 years ago

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If the quantity of loanable funds demanded exceeds the quantity of loanable funds supplied______________.

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d. there is a shortage and the interest rate is below the equilibrium level.

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Therefore, there is a shortage and the interest rate is below the equilibrium level.

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2 years ago

The four types of consumer products differ in terms of the (1) effort the consumer spends on the decision, (2) attributes used i

yarga [219]

Answer:

Types of Consumer Product Examples

Convenience Product: Zest bar soap

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Goodyear Ultra Grip tires

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Maytag® dishwasher

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Explanation:

a) The factors that distinguish consumer products are:

(1) effort the consumer spends on the decision

(2) attributes used in making the purchase decision

(3) frequency of purchase.

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Convenience Product

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Specialty Product

Unsought Product

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Royce Poplar coffin

Patek Philippe watch

Sony Blu-ray Disc™ player

Maytag® dishwasher

Doritos Hermès Birkin bag

Zest bar soap

Goodyear Ultra Grip tires

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2 years ago

The downward slope of the demand curve again illustrates the pattern that as _____________ rises, _________________ decreases.

The downward slope of the demand curve again illustrates the pattern that as _ rises, _____ decreases.