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2 years ago

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

Business

1 answer:

ddd [48]2 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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Steve walker was happy with his new personal computer. it had all the features he wanted, including a color monitor and cd-rom,

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He was experiencing buyers remorse

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2 years ago

In an effort to help prevent children from accidentally ingesting pharmaceuticals, the government passed a regulation requiring

hodyreva [135]

Answer:

D. Good intentions do not always lead to desirable outcomes.

Explanation:

Here in the question, it is evident that in order to protect the children from poisoning themselves, the government took a good step by passing a regulation to put child-resistance safety caps on the pill bottles.

But it is also evident that this regulation back fired and caused more casualties than before due to the non serious behavior of the general public.

Hence it can be concluded that the government put a good intention but it did not lead to the desired outcome for the government.

Hope I made myself clear buddy.

Good Luck.

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2 years ago

Sequential product development has the advantage of not only being a team-oriented approach, but also of being faster in bringin

wariber [46]

Answer:

False

Explanation:

During a sequential product development, each department works to complete its stage before the process continues to the next department.

A team-based new product development approach is used to develop products faster and to be able to sell them faster. This approach does not require that each department finishes its stage before passing to the next one. Instead, several departments work together simultaneously.

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2 years ago

Run-of-the-Mills provides your marketing firm with the following data: When the price of penguin patties decreases by 20%, the q

aalyn [17]

Answer:

Penguin patties and kipples should be advertise together.

Explanation:

The cross-price elasticity formula is:

CPE= % Δq of good A/ %Δp of good B

The CPE of penguin patties and raskels is:

CPE= -22%/-20%

CPE= 1.1

If the CPE is positive, then both goods are substitutes, which means that an increase in price of on good will affect positively the quantity demanded for the other good.

The CPE of penguin patties and kipples:

CPE= 7%/-20%

CPE=-0.35

If the CPE is negative, then both goods are complementary, which means that an increase in price of one good will affect negatively de quantity demanded for the other good.

You should advertise complementary goods together because both could be positively benefited by advertising. If the demand for good A increases, it is probable that the demand for good B increases too. If you advertise substitute goods, people will always prefer one, then the advertising will only be effective for one of the good but not for both.

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3 years ago

The _____ increased as the federal government spent more money than it made in order to provide programs for american citizens

stellarik [79]

I believe the taxes increased, because a lot of American citizens are under paid for their hard labor and work..

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2 years ago

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

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