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iren [92.7K]
3 years ago
8

Why does Joe's demand curve have a negative slope? Joe only has so much money; when other things get more expensive he must buy

less coffee. Joe doesn't get the same happiness from drinking more and more coffee. He needs the price of coffee to go down to convince him to buy more. Joe is more interested in quality than quantity. He’s happy to pay more for coffee and not drink as much.
Business
1 answer:
AleksAgata [21]3 years ago
7 0

Answer:

The answer is: He needs the price of coffee to go down to convince him to buy more.

Explanation:

A demand curve (almost) always has a negative slope. As a product gets more expensive, the amount of people willing to buy that product decreases. So if the product gets cheaper, the more people are willing to purchase it.

The opposite happens with the supply curve, as the price of a product increases, the more companies are willing to sell that product.  

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It is has been estimated that there are ________ varieties of psychopathology.
jolli1 [7]
It has been estimated that there are over 300 varieties of psychopathology. These have been divided into eleven major classes.
3 0
3 years ago
Stormer Company reports the following amounts on its statement of cash flow: Net cash provided by operating activities was $30,5
DIA [1.3K]

Answer:

$38,500

Explanation:

Sheridan's ending cash balance can be calculated as;

= Beginning cash balance + cash provided by operating activities + cash provided by financing activities - cash used by investing activities

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= $38,500

Therefore, the ending cash balance is $38,500

6 0
2 years ago
Bustillo Inc. is working on its cash budget for March. The budgeted beginning cash balance is $51,000. Budgeted cash receipts to
Julli [10]

Answer:

$16,000

Explanation:

Data provided

Ending cash balance = $72,000

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Cash receipts = $135,000

Cash disbursements = $130,000

The computation of cash borrowing is shown below:-

Ending cash balance = Beginning cash balance + Cash receipts - Cash disbursements + Cash borrowings

$72,000 = $51,000 + $135,000 - $130,000 + Cash borrowings

Cash borrowings = - $72,000 + $51,000 + $135,000 - $130,000

= $186,000 - $202,000

= $16,000

3 0
3 years ago
Water bottle in a feild
alukav5142 [94]

Answer:

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8 0
2 years ago
A landowner in fee simple signed a promissory note for $10,000 to a bank, and secured the note by a mortgage of her land to the
iren [92.7K]

Answer:

D) Both the landowner and the attorney.

Explanation:

The bank will succeed in obtaining a judgement against both the former landowner and the attorney. The bank can sue either of them or both of them, but it can only collect the $5,000 once.

  • When the attorney assumed the mortgage, he expressly promised to pay it. The lender becomes a third party beneficiary of the attorney's promise to pay and can sue him if the mortgage isn't paid.
  • The former landowner became secondarily liable to the lender in case the attorney didn't pay.

7 0
3 years ago
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