All categories

3 years ago

If the quantity demanded for a good rises as the price falls, then the curve representing this relationship will be:

1 answer:

6 0

If the quantity demanded for a good rises as the price falls, then the curve representing this relationship will be: impossible to determine.

even though the relationship between the quantity demanded and the nature of the price still correct, we need at least the some sort of illustration of the actual amount of quantity and the price to be able to draw the graph

You might be interested in

Creditors often include several requirements in a mortgage contract in order to protect their interests. In order to ensure that

muminat

Answer:

prepayment penalty, maintain, insurance, mortgage

Explanation:

Prepayment penalty clause relates to the situation that the borrower shall not prepay the borrowed amount as to the creditor it will be loss in the form of interest, thus, it do not want that the borrower shall collect from any other source.

The property should not loose its value, or the value shall not be degraded as that will result in loss, as when the borrower fails to repay the loan, creditor has the right to sell it, if it will not be maintained the value will degrade.

Insurance is required so that same as in above mentioned point that the value is not lost, and then the value of loan is fully recoverable.

If the value of loan exceeds 80% of value of property there shall be mortgage as the lender ensures his payment and no failure shall be there.

5 0

3 years ago

On july 1 of the current calendar year, plum co. paid $7,500 cash for management services to be performed over a two-year period

morpeh [17]

Dec 31 Management Services ....................................$1875

To Prepaid Expenses.....................................................$1875

(Being prepaid expenses recognised for the year)

6 0

3 years ago

Read 2 more answers

A steering committee identifies and assesses all possible systems development projects that the organization could undertake.

Mashcka [7]

The appropriate response is Information Systems Planning. It is the procedure whereby a senior chief, a business gathering, an IS administrator or a controlling board distinguishes and evaluates every single conceivable framework improvement extends that an association could embrace.

6 0

3 years ago

Bonita Industries had the following bank reconciliation at March 31, 2020: Balance per bank statement, 3/31/20 $74600 Add: Depos

drek231 [11]

Answer:

$50,400

Explanation:

Cash Balance as per bank statement $62,900

[$69700+$25300-$20400+$87600-$99300]

Less: Outstanding checks at April 30, 2020 $12,500

Adjusted Cash balance per bank $50,400

So, the cash balance per books at April 30, 2020 is $50,400

5 0

3 years ago

Antiques R Us is a mature manufacturing firm. The company just paid a dividend of $11.15, but management expects to reduce the p

horrorfan [7]

Answer:

the stock price is $58.23

Explanation:

The computation of the price pay per share today is shown below:

Stock price is

= Current year dividend ÷ (required rate of return - growth rate)

= $11.15 × (1 - 0.06) ÷ (12% - (-6%)

= $10.48 ÷ 18%

= $58.23

Hence, the stock price is $58.23

We simply applied the above formula so that the correct value could come

And, the same is to be considered

3 0

3 years ago