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Digiron [165]
3 years ago
6

Which of the following is consistent with the law of​ demand?

Business
1 answer:
ddd [48]3 years ago
6 0

Answer:

C. A doublingdoubling of the price of salt led to a 5 percent dropdrop in the quantity of salt purchased

Explanation:

The law of demand states that the higher the price, the lower the quantity demanded and the lower the price , the higher the quantity demanded.

An increase in the price of salt leading to a decline in quantity demanded is consistent with the law of demand.

I hope my answer helps you.

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How can you control inventory costs through proper planning and balancing inventory levels?
drek231 [11]

Answer:

i think its storage cost and replace

Explanation:

update i was right got 5/5

3 0
3 years ago
The Nandina Corporation was formed and began operations on July 1, 2018, and incurred the following expenses during the year: St
Cerrena [4.2K]

Answer:

$110.00

Explanation:

Nandina Corporation

The amount of amortization expenses for 2018

State fees for incorporation $800

Legal and accounting fees incident to organization 1,500

Temporary directors’ fees 1,000

Total $3,300

Hence:

$3,300/180 months x 6 months

= $110.00

Therefore the amount of its amortization expense for 2018 will be $110.00

4 0
3 years ago
Pricing objectives that seek profit maximization or to attain a target return on investment are examples of _____ pricing object
Andre45 [30]
Pricing objectives that seek profit maximization or to attain a target return on investment are examples of  profitability pricing objectives, a relationship between the benefits provided by a certain operation or thing and the investment or effort that has been made; when it comes to financial performance; it is usually expressed in percentages.
6 0
4 years ago
Weight Watchers is a weight-management company with operations in about 30 countries. Consumers buy almost $5 billion of Weight
VARVARA [1.3K]

Answer:

b. competitive advantage.

Explanation:

Competitive advantage -

It is the condition which allows the company or the country to produce services or goods of lower price but of equal level .

It enables the productivity to generate superior margins or more sales in comparison to its own market rivals .  

These are attributed to factors like the cost , branding , the distribution network , customer service , intellectual property and structure .

Hence , from the data of the question , the correct option is ( b ) .

8 0
3 years ago
The marginal revenue product schedule is: * 1 point A) the same whether the firm is selling in a purely competitive or imperfect
Inga [223]

Answer:

B) the firm's resource demand schedule.

Explanation:

A product can be defined as any physical object or material that typically satisfy and meets the demands, needs or wants of customers. Some examples of a product are mobile phones, television, microphone, microwave oven, bread, pencil, freezer, beverages, soft drinks etc.

Marginal cost can be defined as the additional or extra cost that is being incurred by a company as a result of the production of an additional unit of a product or service.

Generally, marginal cost can be calculated by dividing the change in production costs by the change in level of output or quantity.

Marginal revenue can be defined as the additional amount of money that is gained or generated by a business firm from the sales of an additional unit of a product or service.

Hence, the marginal revenue product schedule is equal to the firm's resource demand schedule i.e the quantity of goods demanded at different price level at a specific period of time.

7 0
3 years ago
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