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Nina [5.8K]
3 years ago
11

1. Match the following terms with the options given in below:

Business
1 answer:
Nostrana [21]3 years ago
4 0

Answer:

A- Demand Curve --- A graphical representation of the relationship between the price of a good and the amount of the good that buyers are willing and able to purchase at various prices.

B- Quantity Demanded --- The amount of a good that buyers are willing and able to purchase at a given price

C- Law of Demand --- The claim that, other things being equal, the quantity demanded of a good falls when the price of that good rises.

D- Demand Schedule --- A table showing the relationship between the price of a good and the amount that buyers are willing and able to purchase at various prices

Explanation:

A- The demand curve shows the marginal benefit of a good, that is, how much a consumer is willing to pay to buy a product or service. In normal cases, the demand curve negative and thus inclined downwards. In these cases, demand is price elastic. If, on the other hand, the demand curve is vertical, the same quantity is demanded regardless of price, which makes the product or service completely inelastic.

B- The quantity demanded is the amount of a good that the population wants to buy, and depends on variables that influence the consumer's choice whether or not to purchase a good or service: its price, the price of other substitute or complementary goods, the consumer's income and the individual's taste or preference.

C- In economics, the law of demand is a commonly used theorem, which in its simplest version states that the demand for a normal commodity decreases as its price increases. A good is said to be normal if an increase in income leads to more demand for the good.

D- A demand schedule is a table that explains how demand reacts to a certain product according to the price at which it is offered.

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Assume the Fed creates excess reserves in the banking system by buying government bonds, but banks do not make more loans becaus
seropon [69]

Answer: Cyclical asymmetry

Explanation:

In economics, Cyclical asymmetry is defined as

A value that represents a large imbalance in economic factors due to genuine cyclical reactions by a country or market.

It includes employment rates,  interest rates, debt retention, bond strengths, or stock market imbalances.

If we assume the Fed creates excess reserves in the banking system by buying government bonds, but banks do not make more loans because economic conditions are bad.

Since this happens due to the cyclical reaction of the government.

This means that,

This situation is a problem of <u>cyclical asymmetry</u>.

8 0
2 years ago
Turnips and Parsley common stock sells for $39.86 a share at a market rate of return of 9.5 percent. The company just paid their
valkas [14]

Answer:

The rate of growth of their dividend is 6.30%.

Explanation:

This problem requires us to calculate the growth rate at which the dividend will grow. The market value of share and market rate of return is also given in the problem. So we can easily calculate it using market valuation formula.

MV = D(1+G%)/ke

39.86 = 1.2 (1+G%)/(9.5%-G%)

G =  6.30%                    

4 0
3 years ago
Technical standards in high-technology industries are:
Sunny_sXe [5.5K]
You’re answer would be c love!
6 0
3 years ago
During the current year, Harold Company sold inventory costing $350,000 for a selling price of $675,000. Beginning balances of i
Len [333]

Answer: $351,000

Explanation:

Given that,

Cost of inventory = $350,000

Selling price = $675,000

Beginning balance of inventory = $86,000

Beginning balance of accounts payable = $116,000

ending balance of inventory = $94,000

ending balance of accounts payable = $123,000

Cash paid to suppliers:

= Cost of Goods Sold + Change in inventory - Change in accounts payable

= 350,000 + (94,000-86,000) - (123,000-116,000)

= 350,000 + 8,000 - 7,000

= $351,000

6 0
3 years ago
Diane's Donuts will begin selling donuts next week. Diane figures that the average variable cost to make each donut will be cons
saw5 [17]

Answer:

Option (d) is correct.

Explanation:

Given that,

Average variable cost = $0.30 for each donut

Fixed cost: Cost of rent and machinery = $20,000

If the number of donuts produced and sold in one year is 36,500, then

Average fixed cost:

= Total fixed cost ÷ Number of units sold

= $20,000 ÷ 36,500

= $0.547 or $0.55

Therefore, the average fixed costs be $0.55 if she sells 36,500 donuts in one year.

8 0
3 years ago
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