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Anastaziya [24]
3 years ago
13

One of the reasons why the AD curve slopes downward is that as theA. Price level rises, purchasing power rises.B. Price level fa

lls, purchasing power rises.C. Nation's income level rises, purchasing power rises.D. Nation's income level rises, purchasing power falls.E. This is a trick question, because the curve is upward sloping.
Business
1 answer:
8090 [49]3 years ago
4 0

Answer: Option (B) is correct.

Explanation:

If the price of a commodity decreases, as a result purchasing power of a consumer increases. This is one of the reasons why the AD curve slopes downward.

Suppose there is a fall in the price of a commodity, this will increase the demand for that commodity as well as the purchasing power of the consumer.

Because with a lower price of the commodity, individuals can buy more quantity of goods with the same level of income.

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3 years ago
The total fixed overhead variance is:a. the difference between actual and budgeted fixed overhead costs. b. the difference betwe
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Answer:

a. the difference between actual and budgeted fixed overhead costs.

Explanation:

As we know that

The variance is shows the difference between the actual amount and the budgeted amount or estimate amount

So, the total fixed overhead variance is the difference between the actual fixed overhead costs and the budgeted fixed overhead costs i.e to be fixed in nature

Hence, the first option is correct

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3 years ago
Who has access to the source code of proprietary software?
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8 0
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Answer:

The correct answer is D.

Explanation:

Giving the following information:

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Because it is a special offer and there is available capacity, we will not have into account the fixed costs.

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3 0
3 years ago
Benefits of setting objectives for a company
In-s [12.5K]

Answer:

Help them evaluate the business' growth

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