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True [87]
3 years ago
14

At a price of $15 each, Marta buys 4 books per month. When the price increases to $20, Marta buys 3 books per month. Luz says th

at Marta's demand for books has decreased. Is Luz correct? Question 36 options: Yes, Luz is correct. No, Luz is incorrect. Marta's demand has increased. No, Luz is incorrect. Marta's quantity demanded has decreased, but her demand has stayed the same. No, Luz is incorrect. Marta's quantity demanded has increased, but her demand has stayed the same. No, Luz is incorrect. Marta's quantity demanded has decreased and her demand has increased.
Business
1 answer:
Lapatulllka [165]3 years ago
4 0

Answer:

No, Luz is incorrect. Marta's quantity demanded has decreased, but her demand has stayed the same.

Explanation:

For $15 per book, the quantity demanded was 4 books per month.

When the price increases to $20 per book, the quantity demanded fell to 3 books per month.

This shows a decrease in the quantity demanded. A change in demand occurs when the price is constant and quantity demanded changes because of change in other factors. But here the other factors are constant and the quantity demanded is changing due to a change in price.

So, Luz's statement here is incorrect.

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Banks that are financial intermediaries generate earnings when they facilitate the transfer of money from savers to borrowers by
lesya692 [45]

Answer: True

Explanation:

Financial intermediaries are the institutions they have been put in place like a building society, bank, or unit-trust company, which are charged with the responsibility of holding funds from the lenders so that loans will be made available to people that wants to borrow.

It should be noted that banks that are financial intermediaries generate earnings when they facilitate the transfer of money from savers to borrowers by paying savers a smaller return than they demand from borrowers. This earning is their charges for the service rendered.

6 0
3 years ago
About 13 to 16 guests out of every 100 are purposefully out to scam us and get something for free.
antoniya [11.8K]

Answer:

True

Explanation:

2% out of 100 guest purposefully scam.

3 0
4 years ago
Read 2 more answers
A baking company has different product ranges like whole-wheat pizzas for the diet-conscious and rich cookies for children and y
Sidana [21]

Answer:

D. market segments

Explanation:

4 0
3 years ago
What is the smallest dollar civil penalty that will be assessed for a single act of misrepresentation?
V125BC [204]

Answer:

The smallest dollar civil penalty that will be assessed for a single act of misrepresentation is $200.

The  correct answer is A

Explanation:

The civil penalty imposed on a single act of misrepresentation ranges between $200 and $10,000. Thus, the smallest dollar penalty is $200.

8 0
3 years ago
A fad shifts the demand curve for a toy to the right. When the fad ends, the demand curve will shift back to the left. How are t
NARA [144]

The shifts in the demand curve directly affect the demand for labor for the toy manufacturer which means the rightward shift in the demand curve requires more labor whereas the leftward shift requires less labor.

<h3>What do you mean by labor?</h3>

Labor also called human labor is the workforce who are engaged in the production of a product. The requirements of the labor totally depend on the demand for the product.

When the demand curve shifts toward the right that means the demand for the toys getting increases which leads to more requirements for human labor and when the demand curve moves towards the left, this means a decrease in demand for toys which results in lesser requirements for human labor. This shows a direct effect on the manufacturer of toys regarding the demand for labor.

Therefore, the changing of shifts will affect the manufacturer's demand for labor in a direct manner.

Learn more about the demand curve in the related link:

brainly.com/question/1915798

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8 0
2 years ago
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