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4 years ago

The quantity of a good demanded in a given time period increases as the price falls, which is known as:_________

Business

1 answer:

Illusion [34]4 years ago

4 0

Answer:

B) The law of demand

Explanation:

The law of demand states that the higher the price, the lower the quantity demanded and the lower the price, the higher the quantity demanded.

Opportunity cost is the cost of the next best option forgone when one alternative is chosen over other alternatives.

Ceteris paribus means all things being equal.

Says law says supply creates its own demand.

I hope my answer helps you

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Assume that the required reserve ratio is 10 percent, banks keep no excess reserves and borrowers deposit all loans made by bank

____ [38]

Answer:

$1,000

Explanation:

The computation of the increase in the money supply is shown below:

But before that the multiplier is

= 1 ÷ required reserve ratio

= 1 ÷ 0.10

= 10

Now the increase in the money supply is

= Multiplier × saving in cash at home

= 10 × $100

= $1,000

hence, the above represent the answer and the same would be relevant

6 0

3 years ago

Fortune, Inc., is preparing its master budget for the first quarter. The company sells a single product at a price of $25 per un

igomit [66]

Answer:

Fortune, Inc.

Budgeted Income Statement for the first quarter

Sales Revenue $3,750,000

Cost of goods sold 2,100,000

Gross profit $1,650,000

Expenses

Sales commission 300,000

Rent 42,000

Advertising 562,250

Office salaries 225,000

Depreciation 120,000

Interest 3,125

Total expenses $1,252,375

Income before tax $397,625

Tax (30%) 119,288

Net income $278,337

Explanation:

a) Data and Calculations:

Selling price per unit = $25

January February March Total

Sales (in units) 45,000 55,000 50,000 150,000

Sales revenue $1,125,000 $1,375,000 $1,250,000 $3,750,000

Cost of goods sold 630,000 770,000 700,000 2,100,000

Gross profit $495,000 $605,000 $550,000 $1,650,000

Expenses:

Sales commission $90,000 $110,000 $100,000 $300,000

Rent expense 14,000 14,000 14,000 42,000

Advertising expense 168,750 206,250 187,500 562,250

Office salaries 75,000 75,000 75,000 225,000

Depreciation 40,000 40,000 40,000 120,000

Interest expense 3,125

Total expenses $1,252,375

Income before tax $397,625

Tax (30%) 119,288

Net income $278,337

4 0

3 years ago

In the boston consulting group growth-share matrix, each of the four categories in the matrix represents ______.

Mandarinka [93]

In the Boston Consulting Group growth-share matrix, each of the four categories in the matrix represents a different investment strategy

More about growth-share matrix:

The growth share matrix was developed through teamwork. It was initially drafted by BCG's Alan Zakon, who would later go on to become the company's CEO, and then improved with his colleagues.

Bruce Henderson, the creator of BCG, popularised the idea in his 1970 essay The Product Portfolio. About half of all Fortune 500 businesses employed the growth share matrix when it was at its most successful.

It continues to be a key component of corporate strategy lessons taught in business schools today.

Learn more about growth-share here:

brainly.com/question/26425181

#SPJ4

5 0

2 years ago

What is the difference between an affirmative action goal and a quota? Is there a difference

Margaret [11]

Answer:

Affirmative action is an effort by institutions to improve educational and economic opportunities for underrepresented groups and communities. Quotas force diversity without factoring in actual inclusion. The pathetic attempt to meet numerical goals to appear diverse.

3 0

2 years ago

You own a portfolio that has a total value of $235,000 and it is invested in Stock D with a beta of .82 and Stock E with a beta

Vlad1618 [11]

Answer:

ok man. Copied text is stored in the clipboard for 1 hour.Press and hold an item to delete it.Press and hold an item to pin it.Press and hold an item to pin it.Press and hold an item to pin it.Press and hold an item to pin it.Press and hold an item to pin it.Press and hold an item to pin it.Press and hold an item to pin it.Press and hold an item to pin it.Press and hold an item to delete it.Copied text is stored in the clipboard for 1 hour.Copied text is stored in the clipboard for 1 hour.Copied text is stored in the clipboard for 1 hour.Press and hold an item to delete it.Press and hold an item to delete it.Press and hold an item to delete it.Press and hold an item to delete it.Press and hold an item to delete it.Press and hold an item to pin it.Press and hold an item to delete it.Press and hold an item to delete it.Press and hold an item to delete it.Press and hold an item to delete it.Press and hold an item to delete it.Press and hold an item to delete it.Press and hold an item to delete it.Press and hold an item to delete it.Press and hold an item to delete it.Press and hold an item to delete it.Press and hold an item to delete it.Press and hold an item to delete it.Press and hold an item to delete it.Press and hold an item to delete it.Press and hold an item to pin it.Copied text is stored in the clipboard for 1 hour.Press and hold an item to pin it.Press and hold an item to delete it.Copied text is stored in the clipboard for 1 hour.

8 0

4 years ago