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inysia [295]
3 years ago
5

When quantity demanded decreases in response to a change in price: A. the demand curve shifts to the right B. the demand curve s

hifts to the left C. there is a movement down along the demand curve D. there is a movement up along the demand curve
Business
1 answer:
PIT_PIT [208]3 years ago
8 0

Answer:

The correct answer is option D.

Explanation:

An increase in the price of the commodity causes its quantity demanded to decrease. This is because of the law of demand. There is an inverse relationship between the price of a commodity and its demand.  

So a decrease in quantity demanded means that the price has increased. It is indicated by an upward movement on the same demand curve.

A decrease in price, on the other hand, will lead to an increase in the quantity demanded. This will cause a downward movement on the same demand curve.

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Ne4ueva [31]

Answer:

Explanation:

Incremental cost

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Incremental benefit - 25,000

The incremental cost of improving quality far outweigh the incremental benefit

Even though loss of profit was avoided by retaining existing customers , yet the quality improvement program dies not guarantee additional customers and profit to write off or reduce  the incremental cost .

Therefor , it is not advisable fort the company to go on with the quality program.

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Nah, I don't want to. I don't even play fort_nite either.

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3 years ago
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lilavasa [31]

Answer:

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4 0
3 years ago
Which fiscal stimulus policy will provide a greater incentive to work?
andrew11 [14]

Answer:

D.

an income tax rate cut

Explanation:

Fiscal stimulus programs are government policies aimed at accelerating growth in times of recessions. The government adjusts its spending or tax rates to influence the economy's direction. A stimulus is meant to increase output and increase income.

An income tax rate cut increases the amount of disposable income of consumers. An increase in disposable incomes boosts consumer spending, which results in increased demand. Firms in the service and manufacturing industries will respond to the rise in demand by increasing production. A rise in output creates employment opportunities.

3 0
3 years ago
In Sid's Surf Shop, there is a 10-foot long surf board on legs with swimwear on it near the entrance to the department where sur
shtirl [24]

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