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Anna11 [10]
3 years ago
6

The law of demand states that​ ______, the​ ______ the price of a​ good, the smaller is the quantity demanded; and the​ ______ t

he price of a​ good, the greater is the quantity demanded.    A. even when other factors​ change; higher; lowerB. other things remaining the​ same; lower; higherC. even when other factors​ change; lower; higherD. other things remaining the​ same; higher; lower.
Business
2 answers:
saul85 [17]3 years ago
7 0

Answer:

The correct answer is letter "D": other things remaining the​ same; higher; lower..

Explanation:

According to the demand law, <em>ceteris paribus</em>, as long as the price of a good or service decreases the quantity demanded increases. If the price increases, the quantity demanded for that good or service decreases. The relationship between quantity demanded and the price is inversely proportional.

fiasKO [112]3 years ago
6 0

Answer: D. other things remaining the​ same; higher; lower.

Explanation:

This describes the law of demand which states that, if all other factors remain equal, the higher the price of a good, the lesser the quantity demanded for that good (In other words, the higher the price of a good, the lesser people would demand for that good); and the lower the price of a good, the higher the quantity demanded for the good (in other words, the lower the price, the more people would want to buy the good).

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The economy is growing far too quickly, as high aggregate demand is causing inflation. a. What fiscal policy should be pursued i
REY [17]

Answer:

A. Contractionary fiscal policy

B. Left

Explanation:

When the economy is growing too fast and the inflation is high, Contractionary fiscal policy should be pursued. Contractionary fiscal policy entails either government increasing tax or reducing its spending or both.

When taxed are increased, the household disposable income will be reduced, households will have lesser money to spend and also the business profit will be reduced and this will lead to reduced investments. This policy will relax the aggregate demand and ultimately the interest rate.

Since the aggregate demand will reduce after pursuing this policy, aggregate demand will shift to the left

5 0
4 years ago
Janice would like to send her parents on a cruise for their 25th wedding anniversary. She has priced the cruise at $15,000 and s
pochemuha

Answer:

Annual deposit= $2,456.96

Explanation:

Giving the following information:

The number of years= 5 years

Final value= $15,000

Interest rate= 10%

We need to calculate the annual deposit to reach the objective. We will use the following formula:

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

Isolating A:

A= (FV*i)/{[(1+i)^n]-1}

A= (15,000*0.1) / [(1.10^5)-1]

A= $2,456.96

3 0
3 years ago
In an advertisement, a statement by a user about the benefits he or she received is called a _____.
oksian1 [2.3K]

Answer:

A. Testimonial

Explanation:

A testimonial typically refers to the the experience a person has with the product or service. It usually contains positives, but also can have negatives as well.

~

4 0
3 years ago
If a case of 24 cans of peaches costs $7.50, how much does each can cost, to the nearest cent?
Gnoma [55]
$7.50 divided by 24= 0.31
8 0
4 years ago
Read 2 more answers
Some data processing controls relate to all computer processing activities (general controls) and some relate to specific tasks
MakcuM [25]

Answer:

Controls for documenting and approving programs and changes to programs.

Explanation:

General controls are the controls established in order to function the entire information systems. i.e. All the applications and programmes.

General controls usually cover all the areas of information system, as follows:

i) Control on the operation of the company in order to ensure the efficient and effective operational activities in the information system.

ii) All the procedures required to acquire, develop, test, document and finally approve the systems, and programmes and further any changes thereto.

iii) Controls over access of any equipment or any data, for ensuring security.

iv) All other remaining basic controls for affecting the computer operations as a whole.

6 0
4 years ago
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