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dimaraw [331]
3 years ago
11

Why are supply and demand curves sloping in opposite directions?

Business
1 answer:
Aliun [14]3 years ago
6 0

The first law of demand states that as price increases, less quantity is demanded. This is why the demand curve slopes down to the right. Because price and quantity move in opposite directions on the demand curve, the price elasticity of demand is always negative.

plz mark me as brainliest :)

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3 years ago
Is it essential that business market managers recognize which prospective customer firm is having a buying orientation.
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It is essential that business market managers recognize which prospective customer firm is having a buying orientation. The statement is correct.

<h3 /><h3>What is Business?</h3>

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brainly.com/question/15826604

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2 years ago
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Answer: $1,400,000

Explanation:

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Accounts payable is therefore:

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