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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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Paraphin [41]

Answer:

The chosen option (considering enrollment costs and opportunity cost) is:

b) College course.

Explanation:

a) Data and Calculations:

Costs/Benefits

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Cost                              $2,600                         $1,390

Opportunity costs         -2,080                          2,080

Net costs                         $520                        $3,470

Distance to course      0.40 miles                    16 miles

                                  (walking distance)      (driving distance)

Timing of course          Weekday                     Weekend

Number of meetings    16                                 8

b) With the College course option, you will earn $2,080 ($260 * 8) weekdays to offset part of the enrollment cost.  With the Community course option, $2,080 will be lost in opportunity cost, thereby increasing the total costs incurred.  These costs are apart from the driving costs associated with traveling 16 miles to the Community Course at the local library.

5 0
3 years ago
Place the steps in order to perform a quick sort.
Margaret [11]
What’s the quesitos asking? Like I know it’s a quick sort but like about what?
7 0
2 years ago
M1 is comprised of currency held outside banks + traveler’s checks + __________.
leva [86]
<span>M1 is comprised of currency held outside banks + traveler’s checks + Checkable Deposits
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5 0
3 years ago
The American Marketing Association defines a ________ as "a name, term, sign, symbol, or design, or a combination of them, inten
vfiekz [6]

Answer:

brand

Explanation:

The American Marketing Association defines a brand as "a name, term, sign, symbol, or design, or a combination of them, intended to identify the goods or services of one seller or group of sellers and to differentiate them from those of competitors."

According to Kotler a brand is a name a sign or combination of these to distinguish one product from the others. People often associate and develop relationships  with the brand so that they can trust rely and depend on for future purchase.

According to Kotler's definition a brand must be distinguished from the other products and then it must have a desirable place in the minds of the consumers. That is the brand is as good as the customers think.

6 0
3 years ago
GavelCo Insurance sells an insurance policy to Barry in the state of Colorado. GavelCo violates a Colorado state statute when do
dimulka [17.4K]

Answer:

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GavelCo has violated a statute when it sold the insurance policy to Barry in Colorado. If due to this failing on the part of GavelCo Barry has an issue with the insurance coverage, he has a right to enforce the insurance contract on GavelCo.

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Even when an insurer violates a statute when issuing insurance, the purchaser can still recover from the insurer.

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