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Romashka [77]
3 years ago
9

Demand curves intersect the quantity axis due to​ ________ and intersect the price axis due to​ ________.

Business
1 answer:
igor_vitrenko [27]3 years ago
6 0

Answer:

time limitations in limited marginal utility; limited income and wealth

Explanation:

Demand curves intersect the quantity axis due to time limitations in limited marginal utility, which explains the second law of demand – the lower the price, the higher the quantity demanded. While it intersects the price axis due to limited income and wealth, which also explains the second law of demand – the higher the price, the lower the quantity demanded.

The marginal utility of a consumer is limited, because, the more of the goods consumed, the amount of satisfaction derived decreases. Hence, the demand curve intersects the quantity axis, indicating the point when the consumer derives no more satisfaction from the consumption of that good.

On the other hand, as a result of limited income of the consumer, it would come to a point when the consumer will not be able to purchase any quantity of the goods as the price increases. The point at which the demand curve intersects the price axis, indicates he point where the consumer income cannot purchase any quantity of the goods.

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yuradex [85]

Answer:

The correct answer is e. learning curve.

Explanation:

A learning curve describes the degree of success obtained during learning over time. It is a diagram in which the horizontal axis represents the elapsed time and the vertical axis represents the number of successes achieved in that time.

Many mistakes are often made when starting a new task. In the later phases the errors diminish, but also the new learned subjects, until arriving at a plain.

It is also possible that the result of the learning process is random, so that the apprentice only believes to learn or forget something (nodeterministic experiment).

4 0
3 years ago
I don’t know anything ;-;
Jobisdone [24]

Answer:

The answer is C - bachelor's degree in risk management.

Explanation:

Education that Nathan might have to had to be on her position now is bachelor's degree in risk management. As indicated at the first sentence, Nathan's position now is "risk manager". In addition, the passage also demonstrates her duty at work, including collecting data on accidents and losses - which are business's risks. Furthermore, as she has to cope with these risk, so that knowledge in managing risk (evaluating and solving problems) is essential for Nathan. So that the answer is C.

6 0
3 years ago
As part of thinking about the _____, managers track the Consumer Price Index, manufacturing and retail inventory levels, and con
lana [24]

Answer:

Economic Dimension

Explanation:

Economic dimension implies that the effect of economic factors on a particular circumstance which a company faces are taking into consideration while making a decision.

In the question, the three economic factors mentioned to be considered by the company as part of the economic dimension are Consumer Price Index, manufacturing and retail inventory levels, and consumer confidence measures.

The Consumer Price Index (CPI) measures the weighted average of prices of a basket of commodities like cloth, food, transportation, etc. This is calculated as average of the changes in prices of the chosen basket of goods and services.

Manufacturing inventory are raw material or work-in-progress items kept in stock to produce goods, while retail inventory are the finished goods kept in stock to be sold.

Consumer confidence measure can also be referred to as the Consumer Confidence Index (CCI) and it is the level of assurance which consumers display about general economic condition in a country through the way they spend or save.

How a company monitor and prepare for each of the three factors will determine its success or failure.

4 0
3 years ago
If the purchase and sale of a currently illegal drug (for example, marijuana) were decriminalized, economists would expect:
Masteriza [31]

Answer:

A. An increase in demand and supply of this drug.

Explanation:

In this case, if marijuana were to decriminalized, demand would be skyrocket in the short-term. It will achieve equilibrium once it is set to be recreational use only.

6 0
3 years ago
When calculating the net operating income of a property, it is important to identify any expenses that will be incurred in attem
Fantom [35]

Answer:

The correct answer is letter "C": Mortgage payments.

Explanation:

Net Operating Income or NOI reflects income after operating expenses deducted but before income taxes and interest are deducted. If the result is a positive value it is called <em>Net Operating Income</em>. If the figure is negative, it is referred to as <em>Net Operating Loss</em>.

Net operating income is often used to calculate real estate income, such as residential properties or commercial properties. <em>NOI is calculated by determining the Gross Operating Income (Gross potential income minus vacancy and credit loss) and subtracting the operating expenses (maintenance, fees, and insurance). </em>

<em> </em>

Thus, <em>mortgage payments are not considered in the calculation of the NOI.</em>

6 0
3 years ago
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