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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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A publicly traded company that, as of the end of its fiscal year, satisfies each of the following requirements:

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Describe the difference between a 401(k) plan and an Individual Retirement Account.
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<u>Explanation:</u>

There are many negative impacts of E-commerce although it is a easier way of buying and selling items. Some of the negative impacts of E-commerce includes privacy, security,price wars, returns of products and Complaints. It will be very easy to gather private information about any person who uses an E-commerce website.

Al though the payment process in E-commerce website is more easier and convenient there are also many risks associated with this. There wont be any knowledge of whether the proper authenticated user is making the payment. There are also many risk of taking the account related details when there is no adequate presence of security measures in the websites where online transactions are made.

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Answer:

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According to my research on different types of approaches to budgeting, I can say that based on the information provided within the question Prenora Inc. will most likely use the bottom-up approach to budgeting. This type of budgeting method focuses on determining the costs of each section of an organization and then totaling them all up, and this is mostly worked on by middle management. Which is why we can say that this is the budgeting method that they will most likely use.

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