Answer:
The answer is: He needs the price of coffee to go down to convince him to buy more.
Explanation:
A demand curve (almost) always has a negative slope. As a product gets more expensive, the amount of people willing to buy that product decreases. So if the product gets cheaper, the more people are willing to purchase it.
The opposite happens with the supply curve, as the price of a product increases, the more companies are willing to sell that product.
Answer:
2.8%
Explanation:
The formula to calculate value of a perpetuity is as follow:
V = Annuity payment in year 1 / (r-g)
V: Value of the perpetuity
r: Discount rate
g: Growth rate (missing value)
By inputting numbers into the formula, we have:
6225.81 = 386 / (0.09 - g)
--> g = 2.8%
The answer to your question is true
<span>The financial crisis in Greece is described as
depression rather than recession is because the Greece’s economy had taken a
severe and sustained economic downturn. Greece’s economy has been marked by a
substantial and sustained shortfall of the ability to purchase goods relative
to the amount that could be produced. Depression is a more severe form of recession.
Recession lasts a few months, while depression lasts longer. </span>
Answer and Explanation:
Dynamic expenses are pointed to as operating expenses that are the production cost and important to run a business.
common example of the variable cost that depends on sales volume.
- The cost of goods sold, that is the equivalent of goods sold to consumers.
- Commissions charged from their selling to salespersons.
- Fees charged by a company when a customer requires a credit or debit card.
so, we say that when a business increase or decrease their sale volume, their variable cost also gets affected.
