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ANTONII [103]
3 years ago
10

What is the difference between demand and quantity demanded of a product, say milk?

Business
1 answer:
Cerrena [4.2K]3 years ago
4 0
Demand is how much that thing is needed by people and quantity is how much of one thing they have. Hope that makes sense.

Example: The demand of milk has risen, so has the price.
Example: Having five jugs of milk is a large quantity.
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Any system that controls costs through closely monitoring the decisions of health care providers is known as
kumpel [21]

The answer is managed care. This is describe to a certain group in which they reduces the cost in regards of providing medical care in a way that they have also the ability of having their quality care to be improved.

7 0
3 years ago
The rockefeller foundation, carnegie hall, and the morgan library illustrate various ways that entrepreneurs and their descendan
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4 0
4 years ago
Holdt Inc. produces and sells a single product. The selling price of the product is $230.00 per unit and its variable cost is $6
katovenus [111]

Answer:

A. $1,300 units

Explanation:

Data provided

Fixed expenses = $212,290

Product price = $230.00

Variable cost = $66.70 per unit

The calculation of  break-even in monthly unit sales is shown below:-

Unit sales to break even = Fixed expenses ÷ Unit Contribution Margin

= $212,290 ÷ ($230.00 per unit - $66.70 per unit)

= $212,290 ÷ $163.30 per unit

= $1,300 units

Therefore for computing the units sales to break even we simply applied the above formula.

3 0
3 years ago
Can this economy produce 6 units of guns and 12 units of butter ? explain​
vlada-n [284]

Guns and butter are the example of production possibility frontier(PPF)

Explanation:

Production possibility frontier is a graphical presentation that shows two goods combination and shows how these goods would be produced with efficient utilization of resources.

Guns and butter shows a relation in case of production possibility frontier , it shows how the investment should be done with the minimum resources present in the economy. If the economy is having proper resources for the production of guns and butter then 6 units of guns and 12 units of butter can be produced but while taking decision a nation should be rational , that is how to use the resources.

7 0
3 years ago
If private investment is relatively sensitive to interest rates, then a fiscal expansion financed by government bond sales will:
irga5000 [103]

Answer:

The correct answer is letter "C": raise output by a relatively large amount.

Explanation:

Typically, to boost production in the economy, the government tends to sell securities of its treasury causing the interest rate to fall. Lower interest rate promotes private investments increasing the country's growth. If the investment in that country is sensitive to the interest rate, the output rise is likely to be significant.

5 0
3 years ago
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