1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Otrada [13]
3 years ago
5

If the price of a kayak increases, _______.

Business
2 answers:
Colt1911 [192]3 years ago
8 0

Answer:

A. sellers offer more kayaks for sale

Explanation:

According to the law of supply , the higher the price, the higher the quantity supplied and the lower the price, the lower the quantity supplied.

If the price of kayaks increases, all things being equal the quantity of kayaks supplied increases.

I hope my answer helps you

Tresset [83]3 years ago
7 0

Answer:

A is the correct answer.

Explanation:

the law of supply states that when price gets higher or increases, then there would be a corresponding increase in the quantity supplied and when the price gets lower or decreases, so does the quantity supplied.

Following this law, If the price of kayaks increases, then the quantity of kayaks supplied would also increase.

You might be interested in
MC Qu. 74 If a firm's forecasted sales are... If a firm's forecasted sales are $238,000 and its break-even sales are $184,000, t
KonstantinChe [14]

Answer:

22.69%

Explanation:

Margin of safety = (forecasted sales -  break-even sales) / forecasted sales

( $238,000 - $184,000) / $238,000 x 1000 = 22.69%

3 0
3 years ago
If interest rates in general were to fall, 1. the prices of existing bonds would rise 2. the prices of existing bonds would fall
IRINA_888 [86]

Answer:

1. the prices of existing bonds would rise

Explanation:

General Interest rates and price of a bond are inversely related. The market interest rate also reflects an investors expected rate of return also referred to as yield to maturity i.e YTM.

Mathematically, price of a bond is the present value of it's future stream of coupon payments as well as principal repayments discounted at investors expected rate of return i.e YTM.

So, when market interest rates fall in general, this would lead to a rise in the price of bonds as general interest rates represent yield to maturity.  

7 0
4 years ago
After visiting several automobile dealerships, Richard selects the used car he wants. He likes its $11,500 price, but financing
aksik [14]

Explanation:

I = Prt

I = (10000)(.11)(4) = $4400

Total Cost = Down Payment + Principal Borrowed + Interest

Total Cost = 2000 + 8000 + 4400

= $14,400

Monthly Payment = (Principal Borrowed + Total interest) / Total number of payments

Monthly Payment = (10,000 + 4400) / 48

= $300

APR= (2 × n × I) / [P × (N + 1)]

APR = (2 × 12 × 4400) / [10,000 × (48+1)]

= 21.55%

3 0
3 years ago
Draw a curve that shows the relationship between quantity and total revenue when the demand curve for umbrellas is linear.
irakobra [83]

Draw a curve that shows the relationship between quantity and total revenue when the demand curve for umbrellas is linear ​increases.

If demand is elastic (price elasticity > 1), price and total sales are negatively related. In other words, an increase in price leads to a decrease in total sales.

Revenue is the amount of money generated WITHOUT subtracting the costs of business. In economics, the total sales test is a means of determining whether demand is elastic or inelastic. If an increase in price leads to an increase in total sales, demand is said to be inelastic because the increase in price does not significantly affect the quantity demanded.

Learn more about revenue at

brainly.com/question/16232387

#SPJ4

5 0
2 years ago
Another name for population targert group true false
german

Answer: i would have to put true

Explanation:

hope this helps

4 0
3 years ago
Read 2 more answers
Other questions:
  • An investor receives a 15% total return by purchasing a stock for $40 and selling it after one year with a 10% capital gain. How
    11·1 answer
  • The williams family just bought a new van. the cost of the van is $26,857.00. state sales tax is 6% on the cost of the van. in a
    10·1 answer
  • Which innovation made the building and use of skyscrapers feasible?
    13·1 answer
  • Robert steals a truckload of plasma televisions that belong to Karson Electronics Store. He then resells it to Stu-Mart, which i
    13·1 answer
  • Michael is maximizing utility by consuming three colas at $3 a piece and four hot dogs. The last cola gave him 300 units of util
    11·1 answer
  • R. J. Graziano Wholesale Corp. uses the LIFO method of inventory costing. In the current year, profit at R. J. Graziano is runni
    8·1 answer
  • Price elasticity of demand measures Select one: A. how responsive sales are to changes in the price of a related good. B. how re
    13·2 answers
  • On March 12, Klein Company sold merchandise in the amount of $7,800 to Babson Company, with credit terms of 2/10, n/30. The cost
    14·1 answer
  • Match the threats in the left column to appropriate control procedures in the right col-umn. More than one control may be applic
    10·1 answer
  • ________ models assist top-level managers in long-range planning, such as stating company objectives or planning plant locations
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!