A. Demand will go up.
The demand curve is inverse relationship between quantity demanded and the price of the product. Therefore, as the price of a product goes down, the demand will go up. This makes sense because, given a stable income, you can buy more of a product if the price is less, and people will want more of a product until they maximize their utility.
Answer:
The correct answer is (D)
Explanation:
Company's normally at the end of every year give sale offers to their customers to increase their sales revenues and clear the remaining inventory. Sales usually attract buyers because of the new sale price of commodities. Joseph wanted to buy one tire but instead, he took advantage of a sale deal. The decision to take the deal is based on the new sale price of the tires.
Answer:
Social responsibility of business implies that corporate managers must promote the interests of all stakeholders not merely of shareholders who happen to be the so called owners of the business enterprises.
Explanation:
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<span>She owns common stock. This allows a person to acquire dividends that change in their amount and might be missed depending on the fortunes of the company. Holding this stock allows a person to elect the board of directors and vote on corporate policy.</span>
