The demand increased due to a large increase in cat adoptions. The market price and quantity increased.
<h3>What is the correct option?</h3>
A demand curve slopes downward from left to right. When there is a movement to the right, it indicates that there has been an increase in demand. When there is an increase in demand, the price and quantity increases.
Answer: D inventory conversion period
Explanation:
Inventory conversion period reports us about the average time to convert our total inventory into sales. It is relationship between total days in year and inventory turnover ratio. In other words, it measures the length of time on average between the acquisition and sale of merchandise.
Answer:
(B)
Explanation:
Europay, Mastercard , Visa (EMV) is a payment method based upon technical standard for smart card payments or ATMs that accept them.
These are smart cards (also referred to as chip cards) that are capable of storing large amount of information and also include a magnetic stripe at the back for backward compatibility.
Smart cards can serve as credit or ATM cards, fuel cards, mobile phone SIMs etc. Smart card chip can be loaded with funds and can be used for paying parking meters, vending machines or merchants.
Answer:
de-industrialization
Explanation:
Deindustrialization refers to the phase of social and economic event caused by the elimination or decrease of industrial base or operation in a region or country, in particular of manufacturing industries or mining. It's the reverse of being industrialised.
It is the opposite of industrialization. Deindustrialization usually happens as it is no longer profitable for a specific industrial activity. It's a phase in which industrial development is eliminated or decreased in a country or area due to a major social or economic transition.