As the benefit of consuming more of a good falls with each additional unit, the price consumers are willing and able to pay also falls with increased consumption. this scenario describes a downward-sloping demand curve
<h3>What is a Demand Curve?</h3>
This refers to the graph or pictorial representation that shows how the demand for a commodity or service varies with changes in its price.
Hence, we can see that As the benefit of consuming more of a good falls with each additional unit, the price consumers are willing and able to pay also falls with increased consumption. this scenario describes a downward-sloping demand curve
Read more about demand curve here:
brainly.com/question/9387886
#SPJ1
Answer:
7 years.
Explanation:
We know,
Future value = Present Value × 
Given,
Future Value, FV = $10,000
Present Value, PV = $6,651
Interest rate, i = 6% = 0.06
We have to determine how many years to acquire $10,000 in the future.
Now, $10,000 = $6,651 × 
or, $(10,000 ÷ 6,651) = 
or, 1.5035 = 
or, Log 1.5035 = n log 1.06
Using the calculator to find the value of log.
0.1771 = n × 0.0253
or, n = 0.1771 ÷ 0.0253
or, n = 7 years
7 years will be needed to acquire $10,000 in the future.
Answer:
The correct option is (D)
Explanation:
The balance sheet reflects the position of an organization in terms of assets and liabilities as on a particular date. All crucial financial information like methods of inventory valuation, depreciation method valuation of intangible assets cannot be reported in balance sheet. These are reported in notes to financial statements or footnotes.
Depreciation and amortization expense are reported on the asset side of balance sheet as a deduction from gross value of depreciable property to arrive at net value.
Asset balances are also reported in the balance sheet. Depreciation and amortization methods are reported in footnotes or notes to financial statements.
Therefore, all answer options are correct.