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Svetach [21]
3 years ago
13

The law of demand states that:________ a. a higher price will lead to increased sales. b. consumers have unlimited demands for a

good. c. the price can never be too high for some consumers. d. quantity demanded will vary inversely with the price of the good.
Business
1 answer:
patriot [66]3 years ago
4 0

Answer:

d. quantity demanded will vary inversely with the price of the good.

Explanation:

The law of demand states that when the price of a product increases, the quantity demanded decreases when everything else remains constant as people are less willing to purchase a product when the price is higher. This means that the price and the quantity demanded are inversely related as when one variable increases the other one decreases. According to this, the answer is that the law of demand states that quantity demanded will vary inversely with the price of the good.

The other answers are not right because the law of demand states that the price and the quantity demanded of a good are inversely related, it doesn't refer to the price and sales, consumers don't have unlimited demands for a good as it is affected by the price and the price can be too high for some consumers as when the price increases, the quantity demanded decreases.

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Time value An Iowa state savings bond can be converted to ​$750 at maturity 5 years from purchase. If the state bonds are to be
Elden [556K]

Answer:

$78.35

Explanation:

Given:

Future value = $750

Maturity time = 5 years

Annual rate = 5%

Now,

Future value = P × ( 1 + r )ⁿ

Where, P is the present value of the bonds

r is the rate of interest

n is number of periods

on substituting the values, we get

$100 = P × ( 1 + 5% )⁵

or

$100 = P × ( 1.05 )⁵

or

P = $78.35

Hence, the state should sell its bond at a price of $78.35

4 0
3 years ago
Rugen Inc., a hospitality chain, hired a large number of military veterans in the hope that it would help put the business in a
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Answer:

b. It should have tried to mimic reward and recognition programs that are conducted in the military to acknowledge the employees' contributions.

Explanation:

In the case described above, Rugen Inc. could have tried to mimic reward and recognition programs that are conducted in the military to acknowledge the employees' contributions.

6 0
3 years ago
What did early south American civilization do to promote farming
Elis [28]
They invented the plow
6 0
3 years ago
What are the advantages and disadvantages of a stakeholder
astra-53 [7]
The key benefits of having stakeholders include:

• Valuable opinions, views and suggestions of the powerful stakeholders can help you shape your project while it is still in its nascent stage.

This can significantly improve the quality of your project.

• When you have powerful stakeholders supporting you, you have access to useful resources as well.

This way, the likelihood of your project hitting higher success levels is higher.

• The active participation of your stakeholders in your project will make them understand the nature of your project and they can then contribute by actively supporting your project.

• By envisaging in advance the reaction of people to your project, you can build into your plan the actions that will win you people's support.
4 0
4 years ago
You don’t have to notify employees that a lockout/tagout is about to begin.<br> True<br> False
SCORPION-xisa [38]

False. Employees must be notified by the supervisor about the beginning of a lockout/tagout procedure.

  • Lockout and tagout are work procedures that ensure that safety is maintained for employees, especially during equipment repairs or maintenance.

  • Lockout involves ensuring that the operation of a machine or process is in a safe mode by isolating energy from the system.

  • Tagout is a labeling that ensures that warnings are issued to employees during a lockout so that a machine or process is not re-energized until the repair or maintenance is complete.

Thus, it is FALSE that employees will not be notified that a lockout/tagout is about to commence.

Read more: brainly.com/question/17759033 and brainly.com/question/17887045

6 0
3 years ago
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