Answer:
increase
Explanation:
According to my research on economics, I can say that based on the information provided within the question if the prices of cigarettes decrease then the demand will increase. This can be said because cigarettes are a luxury item, meaning they are not a necessity but something that the people want. Therefore if prices decrease people will want to buy more of them.
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Answer:
willful misrepresentation
Explanation:
Willful misrepresentation is an intentional act or misrepresentation of facts with an intent to deceive. It is an intentional action taken by one party, which constitutes a breach of representation with an intent or act to mislead the other party to whom such representation was made.
The above scenario is an example of wilful misrepresentation because the broker knew that the foundation of the house was faulty but willfully misrepresented fact by telling the buyer that the home's foundation was 'solid as rock'.
Answer:
B - the relationship between the demand for one good and the price of another.
Explanation:
The cross elasticity of demand measures the degree of responsiveness of quantity demanded of one good to changes price of another good.
The cross elasticity of demand of subsistuite goods are positive.
The cross price elasticity of substitute goods are negative.
Answer:
Company X
Explanation:
It seems company X made more purchase for PPE
<u>Investing activities refers to the purchase of long-term assets or investment</u>
Considering Company X used 200,000 cash for investing activities
while Company Y used 100,000 cash for investment activities.
We can assume Company X made more purchase of PPE
However, company Y could made purchase without cash (issued of shares, or signing a note) Which will not use cash.