All categories

3 years ago

The ___ states that more of an item will be purchased at a lower price than at a higher price .

1 answer:

4 0

I think that a good phrase to fill in the blank space is "demand curve" or the "law of deman" - the demand curve portrays that if the prize is low, more goods will be bought than if the prize is higher - then people would want to buy less.

Graphically it is seen as a line that is higher on the left(when the x axis is the prize and the y axis is the demand)

You might be interested in

Arthur Industries entered into the following transactions during the month of June. Purchased supplies for $5,300 cash. Paid $4,

VMariaS [17]

Answer:

S/N Account Titles and Explanation Debit Credit

A Supplies $5,300

Cash $5,300

(To record the purchase of supplies for cash)

B Salaries and wages expense $ 4,480

Cash $4,480

(To record the payment of wages and salaries)

C Prepaid rent $ 560

Cash $560

(To record the payment of prepaid rent for July)

D Accounts receivable $13,400

Service revenue $13,400

(To record the services provided on account)

E Accounts payable $800

Cash $800

(To record the payment made on Accounts payable)

F Cash $310

Unearned revenue/Deferred revenue $310

(To record the unearned services revenue)

G Repairs and maintenance expense $410

Accounts payable $410

(To record the accounts payable for repairs expenses incurred)

H Equipment $740

Cash $740

(To record the purchase of equipment for cash)

8 0

3 years ago

Raymond is completing a study on discrimination in which he has noted that saleswomen who wear skirt suits make more sales than

Anit [1.1K]

Answer:

contingency

Explanation:

Based on the information provided within the question it seems that Raymond is using contingency variables to more accurately explain his results. These are variables that depend on a certain factor which can affect the results of an experiment either in a positive or negative fashion. Which in this scenario this would be whether or not the purchasing decision maker is male (masculine) or not.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

5 0

3 years ago

A company uses 30% common stock and 70% long-term debt to finance its operations. An increase in which one of the following will

wariber [46]

Answer:

a. Number of bonds outstanding

Explanation:

In the case when the firm wants to issue the new bonds but keeping the equity portion constant so the debt weight should increased from 70% to the higher weightage

So as per the given situation, the option a is correct as it also increased the number of outsanding bonds

Therefore the same is to be considered

Hence, the other options seems wrong

4 0

3 years ago

Which of the following statements about budgeting is not true? A. Budgets promote communication and coordination between depart

Svetach [21]

Answer:

Explanation:

Budgeting does not necessarily be prepared by the top management. But it is important they will know the budget in order for them to properly make wise decision for the betterment of the company that plays a vital role in attaining their organizational goal.

7 0

4 years ago

Broke Benjamin Co. has a bond outstanding that makes semiannual payments with a coupon rate of 6.4 percent. The bond sells for $

pashok25 [27]

Answer:

5.86%

Explanation:

In this question, we use the RATE formula i.e to be shown in the spreadsheet below:

Given that,

Present value = $1066.57

Future value or Face value = $1,000

PMT = 1,000 × 6.4% ÷ 2 = $32

NPER = 22 years × 2 = 44 years

The formula is shown below:

= Rate(NPER;PMT;-PV;FV;type)

The present value come in negative

So, after solving this,

The yield to maturity is

= 2.93% × 2

= 5.86%

8 0

3 years ago