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Rama09 [41]
3 years ago
14

Assume the demand for watermelons is downward sloping. A decrease in price from $3 per pound to $2 per pound

Business
1 answer:
marshall27 [118]3 years ago
4 0

Answer:

(E) will cause demand to increase.

Explanation:

The demand has a downward sloping, so it decrease as more price.

Therefore if the price is lower, the demand will increase, not decrease.

More persons will demand watermelons as the price decrease. That's because at lower price more people can afford watermelons.

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A) True

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3 years ago
organizations design and implement systems to capture the details of transactions involved in each business
IgorLugansk [536]

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2 years ago
In a new margin account, a customer buys 1,000 shares of ABC stock at $40 per share. The stock rises to $50 during the next week
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