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Gekata [30.6K]
4 years ago
12

Other things equal, when the price of a good rises, the quantity demanded of the good falls, and when the price falls, the quant

ity demanded rises." This relationship between price and quantity demanded is referred to as Question 1options: 1) equilibrium. 2) the law of demand. 3) the relationship between supply and demand. 4) the definition of an inferior good.
Business
1 answer:
melisa1 [442]4 years ago
6 0

Answer: The law of demand

Explanation: The law of demand states that everything else being equal, the demand and price of a commodity will reflect a negative relationship.

This negative relationship occurs due to the income effect. As per the income effect when the price of a commodity rises, many of its existing customers stops consuming it as the price of the commodity exceeds their purchasing power.

Hence, from the above we can conclude that the right option is B.

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If you choose a career instead of a job, you must work it until you retire. true false
lutik1710 [3]
The answer is false because you can always choose another career.

5 0
4 years ago
David founds a company and goes through the investment rounds shown below: Round Source Price Number of Shares Class A Self $0.5
juin [17]

Answer:

D. 11%

Explanation:

Step 1. Given information.

  • Cumulative shares:

400,000

500,000

300,000

400,000

2,000,000

Step 2. Formulas needed to solve the exercise.

  • Addition of the cumulative shares = 400,000 + 500,000 + 300,000 + 400,000 + 2 million = 3.6 million.
  • self share = 400000 = 0.4 million
  • David Shares = self share / addition of cumulative shares

Step 3. Calculation. and Step 4. Solution.

David's share = 0.4/3.6 = 11%

4 0
3 years ago
Reuter Bank loaned Sabean Corporation $500,000 in
hammer [34]

Answer:

C) I, II, and III only.

  • I. May demand payment of the full amount immediately from  the sureties when the corporation defaults on the loan.
  • II. May demand payment of the full amount immediately from  the sureties even if Reuter does not attempt to recover any  amount from the collateral.
  • III. May attempt to recover up to $200,000 from the collateral and  the remainder from the sureties, even if the remainder is more  than $300,000.

Explanation:

The bank has several options in this case, depending on the financial position and net worth of the sureties and the corporation. It can decide to collect all the debt directly from them, or collect part of the debt through the collateral property, or it can go after the assets of the corporation, or any type of combination. In this case the bank has three options from which it can collect the debt and it is up to them to decide how they proceed.

4 0
4 years ago
What is an Umbrella Policy? How does it work?
s2008m [1.1K]

Answer:

An umbrella policy is the type of insurance that is made to additionally secure personal liability and it is necessary to have if the person is responsible for some damage made.

Explanation:

Umbrella policy not only covers the policyholder, but it also covers the members of his family. If you are responsible for the car accident, and your car is covered with the umbrella policy, they will be responsible for covering the medical expenses in case of someone getting hurt.

3 0
3 years ago
13. Which of the following is an example of secondary research? A. Gathering statistics online B. Conducting trial-and-error tes
OleMash [197]

A) gathering statistics online

as you didn't do the research yourself

6 0
3 years ago
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