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
BigorU [14]
3 years ago
14

"According to the law of demand, with everything else being equal, the quantity demanded for a good or service will ____________

_ as the price increases."
Business
1 answer:
m_a_m_a [10]3 years ago
5 0

Answer: Decrease

Explanation:

According to the Law of  Demand, The quantity demanded for purchase of a commodity inversely varies with the price.

That is to say that "ceteris paribus" ( with everything being equal),When the prices of a particular good go higher, people will buy less of such commodity but will buy more, if the prices of the goods reduces.

We can say demand is elastic if quantity demanded for a commodity decreases with increase in price which will make people choose another  lower substitute good eg, detergent, ice cream

Also if  quantity demanded does not change much with increase in price , then it is referred to as Inelastic Demand  for example necessity commodity such as gasoline.

You might be interested in
What report do you receive after you complete the FAFSA?
suter [353]

Answer:

B) Student Aid Report (SAR)

Explanation:

This is the report you get after completing the government provided FAFSA.

3 0
4 years ago
Read 2 more answers
sarah reports to work and clocks in at 8:00 a.m. each morning and leaves at approximately 4:30 p.m. all of her tools and supplie
9966 [12]

As Sarah reports to work and clocks in at 8:00 a.m. each morning and leaves at approximately 4:30 p.m she is most likely considered as an employee of the company.

An employee can be described as a person who works for an organization. An employee usually has a fixed working time just like Sarah has.

The supplies that are used for work are given by the company which is also the case for Sarah.

Each employee in an organization works under a supervisor who is answerable to the CEO. Sarah also has a supervisor who directs ad assigns her tasks.

Hence, based on these characteristics, Sarah will be considered as an employee.

To learn more about employee, click here:

brainly.com/question/27953070

#SPJ4

4 0
1 year ago
Power given to people because of their superior knowledge about the work is Your answer: a- identity power b-expert power c-rewa
frozen [14]
<span>Power given to people because of their superior knowledge about the work is B. expert power.
Experts are people who have superior knowledge of a subject when compared to other people. So if someone thinks that your knowledge about something is greater than that of someone else's, your boss may give you more power than other employees. 
</span>
4 0
3 years ago
douglas pays selena $43,300 for her 30% interest in a partnership with net assets of $127,900. following this transaction, dougl
Katarina [22]

Selena receives $43,300 from Douglas for her 30% stake in a partnership with $127,900 in net assets. After this transaction, the capital account of Douglas should have a account balance of $38,370.

Douglas's Capital account balance

= Net assets x30%

= $127,900 x 30%

= $31,875

Therefore, Douglas's capital account should have a credit balance of $38,370

A financial repository's account balance represents the amount of money there is at the end of the current accounting period. It is the sum net assets of the balance carried over from the previous month and the net difference between the credits and debits that have been recorded during any given accounting cycle.

The amount due or the net debt may be shown in an account balance. The former is frequently depicted in financial accounts that include net assets recurring bills, like those for utilities or gym memberships. The latter, on the other hand, is reflected in accounts with negative cash balances, such as bank overdrafts.

Learn more about account balance here

brainly.com/question/28699225

#SPJ4

4 0
1 year ago
Trent earned $28,500 last year. he paid $8,265 for rent. what percent of his earnings did trent pay for rent?
Andrews [41]
You can find the percentage by multiplying the ratio of the rent to the earnings by 100.
8265/28500 * 100 = 29 %
6 0
4 years ago
Other questions:
  • Darlington Inc., permits any of its employees to buy shares directly from the company. There are no brokerage fees and shares ca
    14·2 answers
  • If the exchange rate is 5 Egyptian pounds per U.S. dollar, a watch that costs $25 US dollars costs a. 125 Egyptian pounds b. 50
    7·1 answer
  • Sony's design of its new plasma television sets with smoked-glass control panel covers and other visual changes would be classif
    15·1 answer
  • None of the following would be an advantage of self-administered surveys:
    8·1 answer
  • Radoski Corporation's bonds make an annual coupon interest payment of 7.35% every year. The bonds have a par value of $1,000, a
    11·1 answer
  • Jesse and Tim form a partnership by combining the assets of their separate businesses. Jesse contributes accounts receivable wit
    14·1 answer
  • Company X had net income of $200,000 in the year 2016. At the beginning of 2016, there were 500,000 shares of outstanding common
    7·1 answer
  • Sarah, a fitness enthusiast, watches a tv advertisement for the latest type of fitness equipment. she is impressed by the produc
    11·1 answer
  • 225,000 cartons of machine screws per year to support its manufacturing needs over the next seven years, and you've decided to b
    5·1 answer
  • Company X has 2 million shares of common stock outstanding with a book value of $2 per share. The stock trades for $3 per share.
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!