The statement that would describe the shift from D1 to D2 is Demand for the product increased.
<h3>Why was there a shift from D1 to D2?</h3>
D2 is a curve that is to the right of D1 which means that it represents a higher level of demand for goods and services.
This means that for the demand to move from D1 to D2, there must have been an increase in the demand for the good or service and this could have been for any number of reasons including a reduction in the price of complimentary goods.
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Answer:
The correct answer is option D.
Explanation:
GDP can be defined as a measure to calculate the economic growth of a nation. It includes the production of final goods and services in the geographical boundaries of a nation.
It does not include home production of goods and services, this is because such goods and services do not involve a market transaction. For instance, if a person is baking bread at home he/she is not being paid for it by anyone.
Answer:
copyright
Explanation:
Analyzing the information provided by the question, it is ideal for the artist to protect his original oil paintings from being sold as original prints by requesting a copyright.
This is a legally guaranteed way for artists, scientists and scholars to protect their intellectual property from fraudulent reproductions that do not grant them due copyrights.
Therefore, copyright motivates individuals to produce intellectual content relevant to society, with the certainty that the author's rights will be maintained, even after the death of the creator, copyright guarantees the security of rights after 50 to 100 years.
Answer:
Superintendent, Principal, teacher, student
Explanation:
Answer:
The required quarterly payment is $52,096
Explanation:
According to the given data we have the following:
Principal=$2,000,000×0.90=$1,800,000
I=8.1%/4=2.025%
N=15×4=60
Therefore, in order to calculate the required quarterly payment we would have to use the following formula:
quarterly payment=<u>$1,800,000</u><u>×2.025%</u>
1-(1+2.025%)∧-60
=$52,096
