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Pavlova-9 [17]
3 years ago
7

If the price of high speed internet access decreases then we would expect to see the quantity demanded increase. This statement

reflects which law? Select one: a. Law of increasing opportunity cost b. Law of comparative advantage c. Law of supply d. Law of demand
Business
1 answer:
SSSSS [86.1K]3 years ago
7 0

Answer:

d. Law of Demand

Explanation:

The law of demand states, the quantity demanded of a product is indirectly related to it's price keeping other factors affecting demand as constant.

The law states, more of a product is demanded when it's price falls and vice versa.

It is noteworthy here that it is quantity demanded which changes when only price changes, not the demand itself. Demand would change when factors affecting demand other than price of the product change.

In the given case, when price of high speed internet decreases, the quantity demanded increases. The statement indicates the operation of the law of demand.

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If this is the complete question,
The emphasis of a marketing strategy for a continuous innovation concentrates on
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D. Setting the price low.

The answer is. The emphasis of a marketing strategy for a continuous innovation concentration is advertising to generate awareness of the product for the consumer. According to business dictionary, marketing strategy is defined as "an organization's strategy that combines all of its marketing goals into one comprehensive plan. A good marketing strategy should be drawn from market research and focus on the right product mix in order to achieve the maximum profit potential and sustain the business. The marketing strategy is the foundation of a marketing plan".
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Marcy and Liz developed a new jewelry design. They were fortunate to get the attention of a large online retailer who was willin
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So according to the given situation, it is mentioned that the designers ready to sell their designs for the first two years to the retailers which shown that there is an exclusive distribution

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3 years ago
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jugas free mi id 542233308

3 0
3 years ago
1. how many members participate in h&m’s loyalty program worldwide?
amm1812

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H&M now has over 100 million members.

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Which of these does NOT describe a friction that might prevent firms from choosing the optimal level of capital? A. Making too b
tekilochka [14]

Answer:

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