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2 years ago

What is the difference between a demand curve and a demand schedule?

Business

1 answer:

svetlana [45]2 years ago

5 0

Answer:

Demand schedule:

The Demand schedule refers to the tabular representation of the quantity demanded at the various price levels. By observing the demand schedule, we can conclude that as the price of the good increases then as a result the quantity demanded for that good falls. It represents various combination of price and quantity demanded.

Demand curve:

A demand curve refers to the graphical representation of the demand schedule which shows the relationship between the price of the commodity and the quantity demanded for that commodity. It is downward sloping curve which shows that there is an inverse relationship between the price of a good and the quantity demanded.

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In an oligopoly situation, a wise marketing manager will probably set the firm's price level:

Aleonysh [2.5K]

Answer:

Letter A is correct. At the competitive level.

Explanation:

An oligopoly is a marketing structure that occurs when some companies come together to determine the supply of products or services.

In this type of market there is imperfect competition, where market control is exercised by few companies, capable of regulating the behaviors and market decisions of other companies.

Therefore in an oligopoly situation the ideal is that the price level of a company be defined at a competitive level, since the goods produced are homogeneous and the degree of differentiation occurs in the variables of service, quality, image and not so much in the variation of prices. price.

7 0

3 years ago

At the beginning of its current fiscal year, Willie Corp.’s balance sheet showed assets of $11,400 and liabilities of $5,700. Du

alex41 [277]

Answer:

$8,750

Explanation:

ASSETS = LIABILITIES + PAID IN CAPITAL + RETAINED EARNINGS

beginning of the year:

$11,400 = $5,700 + paid in capital + retained earnings

paid in capital + beginning retained earnings = $5,700

end of the year:

$6,150 = $4,500 + paid in capital + retained earnings

paid in capital + ending retained earnings = $1,650

ending retained earnings = beginning retained earnings + net income - dividends = beginning retained earnings + $3,050 - dividends

paid in capital + beginning retained earnings - $5,700 = 0

paid in capital + beginning retained earnings + $3,050 - dividends - $1,650 = 0

let X = paid in capital

let Y =beginning retained earnings

X + Y - $5,700 = X + Y + $3,050 - dividends

we eliminate X and Y

-$5,700 = $3,050 - dividends

dividends = $5,700 + $3,050 = $8,750

6 0

3 years ago

The price of greatness is responsibility meaning

GarryVolchara [31]

The phrase “the price of greatness is responsibility” means that, if you are given or rewarded with great or high powers, you must be a responsible person in using that certain power. You are given the responsibility to use it for the well-being of yourself and for the others as well.

8 0

3 years ago

Write an essay about unemployment/retrenchment and globalisation

galina1969 [7]

I can help you write your essay.

Unemployment

- define unemployment

- What results because of unemployment

- why does unemployment happen?

- when does unemployment happen?

- Who are the most unemployed people? Why?

- research information about unemployment

retrenchment

- define retrenchment

- what causes retrenchment to happen?

- How does retrenchment affect society

Globalisation

- define globalisation

- What happens during globalisation?

- Is globalisation a good or bad things? What does it impact?

Please vote my answer branliest! Thanks.

8 0

3 years ago

Which of the following would be considered an appraisal cost of quality?

mars1129 [50]

Purchasing better tools for workers to perform their jobs

4 0

3 years ago