Answer:
This chart shows the link between the price of the graphic T-shirts against the quantity demanded.
Explanation:
The chart can be represented as follows;
Price of the graphic T-shirts Quantity demanded
$5 50
$7.50 40
$10.00 30
$12.50 20
$15.00 10
From the chart above we can see that there is a relationship between the price of the graphic T-shirts and the quantity of the shirts demanded. From the chart it can be seen that an increase in the price of the T-shirt causes a corresponding decrease in the quantity demanded. For example; a price of $5 causes a demand of 50 shirts while a price of $15 causes a demand of 10. From the chart, we can say that increasing the price from $5 to $15 caused a reduction in demand from 50 to 10. This generally means that an increase in price of the shirts make most of customers feel that they cannot afford it or that it has been overpriced, therefor they would rather not buy. This is what makes the demand for the T-shirts to go down with increasing T-shirt prices.
<span>The managerial and administrative functions of the federal courts are handled by </span>the <span>Administrative Office of the United States Courts.
</span><span>The Administrative Office of the United States Courts (AO) is the administrative agency of the United States federal court system. ... It provides a wide range of administrative, legal, financial, management, program, and information technology services to the federal courts.</span>
Answer:
There is no contract since both Helen and Garth made a mutual mistake.
In contract law, a mutual mistake occurs when all the parties involved (Helen and Garth) are mistaken about important material facts that affect the contract (which ATV is being sold). The parties intend to perform but what they consider being part of the contract is not what the other party considers part of the contract. When both parties make a mutual mistake, the contract is cancelled.
Mutual mistakes are not on purpose, they are mistakes committed in good faith.
Answer:
C. stock price changes that are random and unpredictable
Explanation:
Random walk -
In terms of business ,
This theory determines the changes in the prices of stock are not related to each other and are basically completely random and can not be predicted .
Hence , the past details can not forecast the present changes in the stock market .
Hence , the correct statement about random walk is ( c ) .
