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UNO [17]
3 years ago
8

The quantity demanded of a good is the amount that buyers are a. willing to purchase. b. willing and able to purchase. c. willin

g, able, and need to purchase. d. able to purchase.

Business
1 answer:
Len [333]3 years ago
3 0

Answer:

b. willing and able to purchase.

Explanation:

The quantity demanded of a good is the amount that buyers are willing and able to purchase at a given price.

Usually the quantity demanded increases as price decreases. This is in line with the law of demand which says, the higher the price, the lower the quantity demanded and the lower the price, the higher the quantity demanded. This is why the demand curve is downward sloping.

I hope my answer helps you

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one of the major criticisms of the G-20 is that they are completely ineffective in setting policies? true or false
tia_tia [17]
False, The whole point of G-20 is to set policies that are effective
6 0
3 years ago
What industry cannot rely on estimation
jeka94

There is no industry which can not relay on estimation, all industries needs estimation.

The two primary categories of this profession are construction and manufacturing, according to the Bureau of Labor Statistics. It states that more than half of all cost estimators work in the construction industry, where they may further specialize in projects for homes, businesses, industries, or the government.

Cost estimation aids in setting the project budget, planning the required work, and managing new resources. Cost estimates are also of the utmost importance when trying to win over new clients. Before starting actual building, property owners also utilize cost estimates to evaluate the viability of their projects.

Learn more about estimation here

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7 0
2 years ago
"Choose your favorite financial institution: bank or credit union. Are the Financial Statements available online? How do they co
tamaranim1 [39]

Answer:

I have selected Standard Chartered Bank which is one of the leading banks in the world. It has more than 1200 branches across 70 countries in the world. The head quarter of the bank is in the city of London, England.

The financial statements of the banks are available online. These financial statements are compared with similar other banks or industry averages to analyse the performance of the bank.

Explanation:

Standard Chartered is one of the finest bank in the world. The banking sector has been always striving to serve people better and standard chartered has made this possible. The financial statements of the bank are available online. One can easily go to the banks website of their respective country and click the about us tab. Then in the about us tab there is detail about company operations and their mission vision statements along with free and complete access to financial statements.

4 0
3 years ago
Determine the missing amounts. Unit Selling Price Unit Variable Costs Unit Contribution Margin Contribution Margin Ratio 1. $900
Pie

Answer:

(a) = $468

(b) = 52%

(c) = $144

(d) = 28%

(e) = $1150

(f) = $920

Explanation:

    selling price   variable cost    contribution   margin contribution ratio

1.     $900             $432                  (a) $                          (b)%

2.    $200            $ (c)                     $56                            (d)%

3.  $ (e)               $(f)                       $230                          20%

contribution = selling price - variable costs

Margin contribution ratio = contribution / sales

Variable cost = selling price - contribution

Selling price = contribution / margin contribution ratio

5 0
3 years ago
The demand function is given by
Jlenok [28]

Answer:

Q=120−4P

Explanation:

putting P = 20 we get

q= 40

we know that elasticity is quantity demanded / price  

20

40

​  

=2

hence the correct option: D

5 0
3 years ago
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