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3 years ago

. Demand curves slope (direction) _ because: ___________________________.

Business

1 answer:

lina2011 [118]3 years ago

8 0

Answer:

The correct answer to he following question is that demand curve is downward sloping, which is moving from left to right.

Explanation:

The demand curve slopes downward because of many reasons like -

1) diminishing marginal utility - according to which if as a consumer goes on consuming more and more units of product, then with each additional unit consumed the satisfaction level goes on decreasing.

2) Income effect - suppose if a persons income level increases he or she will buy more product, which means demand goes up and vice versa will also be true.

3) Substitution effect - As we know that there is inverse relation or negative cross price elasticity between substitute goods, so if price of good A increases then the Demand for good B increases.

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3 years ago

If an advertiser places a TV commercial using a lonely, lost puppy to sell its products, then that advertiser is said to be ut

ryzh [129]

Answer:

correct answer is Sadvertising

Explanation:

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3 years ago

Kimble Company applies overhead on the basis of machine hours. Given the following data, compute overhead applied and the under-

likoan [24]

Answer:

overhead rate $4 per machien hour

applied overhead 1,560,000

The overhead was underapplied for 15,000

entry to adjust against COGS

Cost of Goods of sold 15,000 debit

Factory overhead 15,000 credit

Explanation:

$\frac{Cost\: Of \:Manufacturing \:Overhead}{Cost \:Driver}= Overhead \:Rate$

we divide the expected overhead over the total amount of budgeted machine hours to determinate the overhead rate:

1,600,000 / 400,000 = $4 per machine hours

Actual machine hours 390,0000

applied overhead:

actual cost driver x rate per driver

390,000 x $4 = 1,560.000‬ applied overhead

Actual overhead 1,575,000

As aplies is lower, we should adjust for 15,000 difference

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3 years ago

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3 years ago

At the end of the day Stuart has to record the totals the total amount owed for all purchases is $1365. The amount of cash in th

Wewaii [24]

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This question needs to be fixed

Explanation:

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3 years ago

. Demand curves slope (direction) _______________ because: _________________________________________.

. Demand curves slope (direction) _ because: ___________________________.