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nikklg [1K]
2 years ago
13

Which statement is consistent with the law of demand?

Business
1 answer:
Marianna [84]2 years ago
5 0

Answer: B. A reduction in market price will lead to an increase in quantity demanded.

The law of demand states that normal goods have a higher demand at lower prices, because the demand curve is downward sloping which means that the lower the price the more of it people will be willing to buy, so a reduction in market price will mean that now more people are willing to buy that good. For eg a car normally sells $80,000 and 1000 cars are sold in a month, because of technological advances the company now sells the car for $60,000 because of this decrease in price more people will be willing to buy the car and the the monthly sales will be more than a 1,000 cars because at the price of $60,000 more people will be willing to buy this car.

Explanation:

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Which statement about deposits are true? Check all that apply
LuckyWell [14K]

The statements that are true about deposits is:

A. Deposits increase the checking account balance

C. Deposited money can be transferred electronically from one bank to another

E. You can deposit a greater amount than the balance in the account

D. You cannot make a deposit at a ATM. This is false because with an ATM you can make a deposit into an account. If you were using a credit card, there is no account to put money into, it just charges to a card you have to then pay off.

B. A deposit is money that is subtracted from a bank account. When you deposit money, you are adding money into a bank account. When you withdraw money you are subtracting money into a bank account. Because this question refers to subtracting from a bank account, this is false.

5 0
2 years ago
Read 2 more answers
Investors in closed-end funds who wish to liquidate their positions must a.sell their shares to other investors. b.sell their sh
Molodets [167]

Answer:

The correct answer is letter "A": sell their shares to other investors.

Explanation:

Closed-end funds are pools of assets that at the beginning raise a fixed amount of income thanks to an <em>Initial Public Offering</em> (IPO) and later on trades in a public stock exchange. Close-end funds are said to provide higher returns than open-end funds. <em>When investors have a position with a closed-end fund, to exit it the number of shares held must be sold to another investor.</em>

6 0
3 years ago
A company that manufactures health foods doesn't want to list certain
Lelechka [254]

Because the company does not lists the ingredient in the product, then, this is an example of violation to <u>disclosure </u>aspect of consumer protection laws.

<h3>What is consumer protection laws?</h3>

The Consumer protection law includes different legislation which intended to prevent businesses owners from engaging in fraud or reducing quality of product.

One of the Consumer protection law makes its necessary for the manufacturer to disclose the full ingredient they use in producing the product.

In conclusion, the scenario is an example of violation to <u>disclosure </u>aspect of consumer protection laws.

Therefore, the Option B is correct.

Read more about consumer protection laws

<em>brainly.com/question/1862829</em>

3 0
2 years ago
Which one of the following is not an institutional requirement for markets to operate smoothly? Group of answer choices A equal
givi [52]

Answer:

A equal balance of economic power among buyers and sellers.

Explanation:

For a market to operate smoothly the operational requirement required include:

1. Social Institutions of trust

2. Money as a medium of exchange

3. Individualist institutions related to private and decision making.

When a market is operating smoothly it means that the financial safety net and settlement system works efficiently. Traders can operate seamlessly without delays in payments.

The option that is not a requirement for smooth operation of the market is - equal balance of economic power among buyers and sellers.

7 0
2 years ago
guess what the m stands for in my username if you answer correctly u get brainliest (not that you care)
Scrat [10]

Answer:

Ummmm.... :/ McDonald's

8 0
3 years ago
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