Answer:
b. will buy at various prices.
Explanation:
In economics, demand refers to the quantity of a product that buyers are willing and able to buy at a specific price or different prices. For demand to exist, buyers must not only be willing to purchase but must have the financial resources to buy.
Several factors, such as price, customer preferences, and market news, may influence the demand for a product. As per the law of demand, an indirect relationship exists between price and quantity demanded. An increase in price leads to a decline in demand. Changes in prices and preferences or related goods also affect the demand for a product.
Answer:
If the aggregate supply—also referred to as the short-run aggregate supply or SRAS—curve shifts to the right, then a greater quantity of real GDP is produced at every price level. If the aggregate supply curve shifts to the left, then a lower quantity of real GDP is produced at every price level.
Explanation:
A shift in aggregate supply can be attributed to many variables, including changes in the size and quality of labor, technological innovations, an increase in wages, an increase in production costs, changes in producer taxes, and subsidies and changes in inflation.
In summary, aggregate supply in the short run (SRAS) is best defined as the total production of goods and services available in an economy at different price levels while some resources to produce are fixed... As prices increase, quantity supplied increases along the curve.
Usually, a change of course such as the change in this company operation would be outlined in the firm's product vision statement.
<h3>What is
product vision statement?</h3>
A product vision statement is a statement that is use as a guide or reminder to all the stakeholders involved in a product's development and also entails the objective they are aiming to achieve.
Usually, the product vision statement will reflect the change if the change of organization course occur.
In conclusion, the change of course such as the change in this company operation would be outlined in the firm's product vision statement.
Read more about product statement
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Answer:
Realized gain $110,000
Recognized gain $110,000
Explanation:
The computation of the Tonya's realized and recognized gain is shown below:
Amount realized by Tonya (fair market value) $560,000
Less; Amount given by Tonya
Yacht: adjusted basis ($250000)
Assumption of Nancy's mortgage ($200000)
Realized gain $110,000
Recognized gain $110,000
