The law of demand implies that consumers will, all other things unchanged, buy more at lower prices.
One of the most fundamental ideas in economics is the law of demand. The law of demand explains how market economies distribute resources and set the prices of goods and services that we see in daily transactions by combining the law of supply. According to the law of demand, the quantity bought varies inversely with the price. In other words, the quantity demanded decreases as the price increases. Because of declining marginal utility, this happens. In other words, consumers utilise the initial units of an economic good they buy to fulfil their most pressing requirements first, and they use the subsequent units to fulfil progressively lower-valued goals.
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Answer: The speed and effectiveness of decision making are enhanced.
Explanation:
Product departmentalization involves dividing the various products produced by an organization into different departments which are supervised by their own managers. An advantage of product departmentalization is that it would ensure that decisions are made faster as each product has its own manager in charge of decision making.
The answer is
B) Trade Barriers
Answer:
Option A (an economic recession in the U.S) would be the correct choice.
Explanation:
- A recession seems to be an economic and financial term of knowledge and skills to a substantial reduction in the total financial outlook of the specified location.
- Usually, as expressed by GDP throughout combination with monthly metrics such as an uptick in unemployment, this one has been recognized as two successive quarters of economic downturn.
Some other three options aren't connected to the example described. But the response above is the right one.
Expenses included in the home office deduction, such as painting or repairs to the actual area of the home used for business, are referred to as deductible expenses
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What are home office costs?</h3>
- Home office expenses are those incurred as a result of running a business or performing employment-related tasks within one's home dwelling.
- Within certain limits, expenses incurred in the operation of a home-based business are deducted on your federal taxes.
- With the Tax Cuts and Jobs Act of 2017, the regulations for deductions changed, so make sure you receive information on deductions published in 2018 or later.
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