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sattari [20]
3 years ago
8

Assume that the demand curve for a certain good is a vertical line. This vertical demand curve illustrates the idea that:

Business
1 answer:
ladessa [460]3 years ago
6 0

Answer:

e.people will not change the quantity of the good when the price of the good is changed.

Explanation:

When the demand curve for a good is vertical, it indicates that the demand for the good is perfectly inelastic ; a change in price has no effect on the quantity demanded.

Goods with perfect inelasticity usually have no or little close subsituites.

I hope my answer helps you

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In countries where inflation is expected to be high, interest rates also will be high, because investors want compensation for t
Degger [83]

Answer:

Fisher effect

Explanation:

Fisher effect is the effect in the economic theory that is established by the economist Irving Fisher, which states the relationship among the inflation and both nominal and the real interest rates.

This effect state that the real rate of interest equals to the nominal rate of interest deduct the expected inflation rate.

So, the relationship which is mentioned in the question is the fisher effect as it state the rate of interest that reflect the expectations likely the future inflation rates.

5 0
3 years ago
Should I cover for my coworker who sneaks out
zheka24 [161]

no then you would get in trouble, but then again it would be nice for you to do it fir him. tell the boss that he needed to go do something if he gets cureas.(can't spell)

7 0
3 years ago
An individual stock's diversifiable risk, which is measured by its beta, can be lowered by adding more stocks to the portfolio i
Norma-Jean [14]

Answer:

An individual stock's diversifiable risk, which is measured by its beta, can be lowered by adding more stocks to the portfolio in which the stock is held.

B. FALSE

5 0
3 years ago
Which accounting concept is used in each of the following accounting treatment?
Roman55 [17]

The accounting concepts that provide guidance for recording the following business events are as follows.  The business transactions are numbered from (a) to (e) below:

1) Materiality Concept is applied because the impact of the cost of the tape dispenser being "expensed" is not significant on the reader of the financial statement.

2) Entity Concept requires separation between the finances of the owner from the finances of the business.  The business is a separate economic unit distinct from the sole proprietor.

3) Prudence Concept demands that expenses (like the bad debt written off) and liabilities are not underestimated and revenues and assets should not be overestimated.

4) Historical Cost Concept: Generally accepted accounting principles require the initial recognition of an asset at its purchase cost and not fair value.

5) Accrual Concept and Matching Principle: The accrual concept requires that expenses that have been incurred for a period should be accounted for in that period, whether cash payment is made or not.  The matching principle states that expenses (Van Repair Expense) should be matched to the revenue that they generate.

Thus, accounting concepts are the basic assumptions, rule, and principles for recording business transactions and events and preparing accounts and financial statements.

Learn more about accounting concepts at brainly.com/question/24425761

6 0
3 years ago
Answers for question 11!!!!
Kitty [74]

Answer:

C!!

Explanation:

Two Major Types of Markets • Consumer Market -- All the individuals or households that want goods and services for personal use and have the resources to buy them. Business-to-Business (B2B) -- Individuals and organizations that buy goods and services to use in production or to sell, rent, or supply to others.

3 0
3 years ago
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