1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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

You might be interested in
A higher level of interest income can be received if a savings account offers a promotional rate.
KiRa [710]
True. One would get the regular stated interest rate plus the additional promotional rate. Thus one would recieve a higher income via the savings rate.
4 0
3 years ago
"Price gouging" is when a seller responds to high demand by charging as much as they possibly can, even if that price exceeds wh
Kamila [148]

Answer:

Price gouging is charging unnecessarily high prices for goods if they are in high demand in market. From a sellers perspective its profitable because he/she is able to get more profits on a good and because the goods have a high demand the goods will eventually be sold even on a high price.

From a consumers perspective if the good is a basic need and the consumer is paying high price for it, this can be frustrating but the consumer will have to buy it. If the commodity is not a basic need then the consumer can just stop buying that good and can substitute any other good.

Explanation:

Price gouging is charging unnecessarily high prices for goods if they are in high demand in market. From a sellers perspective its profitable because he/she is able to get more profits on a good and because the goods have a high demand the goods will eventually be sold even on a high price.

From a consumers perspective if the good is a basic need and the consumer is paying high price for it, this can be frustrating but the consumer will have to buy it. If the commodity is not a basic need then the consumer can just stop buying that good and can substitute any other good.

6 0
3 years ago
There are simultaneous changes in the demand for and supply of tablet​ devices, with the consequences being an unambiguous decre
lord [1]

Answer: c. Demand decreases and supply decreases.

Explanation:

When demand for tablets decrease, the demand curve shifts to the right. The price and quantity declines. At the same time, when supply also falls, the supply curve shifts to the left leading to an increase in price and a fall in quantity.

Since, decrease in demand and supply have opposite effect on the price there is no change in the price of tablets.

Both the forces work towards reducing quantity to quantity will fall unambiguously.

Thus, the correct option is c, Demand decreases and supply decreases.

3 0
3 years ago
Someone who is a natural leader exhibits this Learning Pattern
konstantin123 [22]
Someone who is a natural leader exhibits this pearning pattern : Strong willed
learner.

-Hope this helps.
7 0
3 years ago
Lytle River Company operates a public water supply system. Lytle must send to every household that is supplies with water an ann
sveticcg [70]

Answer:

Lytle River Company

c. the source of the water, and any contaminants and health concerns.

Explanation:

When Lytle River Company sends to every household that it supplies with water an annual statement, the statement should indicate the source of the water that Lytle River Company supplies.  It should also contain information about possible contaminants and other health concerns to enable the households understand how the water they drink is treated and how they should use it.  This information is important to safeguard households.  It will also help them to know the parties to be held liable for pollution problems.

8 0
3 years ago
Other questions:
  • An HR manager asked every candidate during an interview to describe a situation in the past in which they had to display their l
    10·1 answer
  • Global Company makes a product that is expected to use 2.2 pounds of material per unit of product. The material has a standard c
    15·1 answer
  • The only income Ramon needs to report on his Schedule C is his income from Form 1099-K, Payment Card and Third Party Network Tra
    8·1 answer
  • A(n)______________________ aligns strategic goals, operations effectiveness, reporting, and compliance objectives. a. operationa
    5·2 answers
  • An investor short sells 200 shares of a stock for ​$19 per share. The initial margin is 53​%. How much equity will be initially
    7·1 answer
  • Effective product promotion requires that everyone who creates and manages promotional messages have free access to information
    15·1 answer
  • On March 1, Song Corp. receives a $100,000, 90-day, noninterest-bearing note receivable from a customer. The note has a 12% disc
    12·1 answer
  • Travelers who have no intention of showing up often fail to cancel their hotel reservations in a timely manner. These travelers
    9·1 answer
  • Hester operates a hand car wash service and charges customers $10 per car wash. Based on her knowledge of operations, the 100th
    9·1 answer
  • Mitski supervises the returns desk in a department store. Mitski has set a goal for the rest of the year of finishing her daily
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!