1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
kodGreya [7K]
3 years ago
9

The Law of Demand states that when the price of a good rises, the Quantity Demanded will (Click to select) . b. The Law of Deman

d states that when the price of a good falls, the Quantity Demanded will
Business
1 answer:
lord [1]3 years ago
5 0

Answer: See explanation

Explanation:

a. The Law of Demand states that when the price of a good rises, then the Quantity Demanded will (fall)

b. The Law of Demand states that when the price of a good falls, then the Quantity Demanded will (rise).

According to the law of demand, when there's an increase in the price of a product, there'll be a reduction in the quantity of the good that will be demanded by the consumers and vice versa.

You might be interested in
Lexington Company engaged in the following transactions during Year 1, its first year in operation: (Assume all transactions are
ella [17]

Answer:

($1,575)

Explanation:

The computation of net cash flow from financing activities is shown below:-

Lexington Company

Net cash flow from financing activities

Particulars                                                   Amount

Cash received from common stock           $650

Less:Cash paid for repayment of loan        ($1,405)

Less: Cash paid for dividend                       ($820)

Net cashflow from financing activities     ($1,575)

So, to reach the net cashflow from financing activities we simply added the cash received from common stock and deduct the cash paid for repayment of loan and cash paid for dividend.

3 0
3 years ago
The developing country of alpha had a rule that none of its factories could be owned by companies from the developed country of
hjlf
<span>When the developing country alpha breaks the rule of factories not being owned by the companies of developed country beta would imply that alpha is in a vulnerable position in its trade. So this means this would be an example of decline in trade and investment barriers.</span>
4 0
4 years ago
Those who exhibit similarities in​ occupations, education, and income​ level, and have similar tastes in style and activities ar
juin [17]

Answer: The correct answer is "B. social class".

Explanation: Those who exhibit similarities in​ occupations, education, and income​ level, and have similar tastes in style and activities are members of​ a <u>social class.</u>

In a society the general range of people can be defined as the social class. Within these classes people tend to be similar in terms of occupation, income level, tastes, education, etc.

8 0
3 years ago
A book on how to invest in collectibles spends several weeks on best seller lists. The paperback book was originally released fo
miskamm [114]

Answer:

inelastic demand

Explanation:

Price elasticity of demand (PED) measures the proportional change in quantity demanded when the price of a product or service changes:

  • when a 1% decrease in price, increases quantity demanded in a smaller proportion, the PED is said to be inelastic.
  • when a 1% decrease in price, increases quantity demanded in a larger proportion, the PED is said to be elastic.
  • when a 1% decrease in price, increases quantity demanded in the same proportion, the PED is said to be unit elastic.

In this case, the decrease in price (-2%) barely increased the quantity demanded, therefore, the PED is inelastic.

4 0
3 years ago
Do you already demonstrate some ways of being financially responsible? In the text box below, write a brief statement about the
Fed [463]
Financial responsibility can be shopping or buying stuff from stores.
8 0
3 years ago
Read 2 more answers
Other questions:
  • A ___________ jury is one whose members are irreconcilably divided.
    15·1 answer
  • Suppose demand is given by q = 80 - 0.5p. what is the price elasticity of demand when p = 40?
    15·1 answer
  • An insurance policy written after 1988 that fails to pass the seven-pay test is known as
    14·1 answer
  • Which of the following best describes the ordered pairs listed below? (-5, -7), (0, -12), (-5, -19), (8, -20)
    11·1 answer
  • Firm Yahoo has attracted the attention of Firm Verizon because of its poor operating performance. Firm Verizon believes that the
    11·1 answer
  • Click this link to view O*NET’s Work Styles section for Executive Administrative Assistants. Note that common work styles are li
    5·1 answer
  • A bond has a modified duration of 8 and a price of 112,955 calculated using an annual effective interest rate of 6.4%. EMAC is t
    8·1 answer
  • You're the production manager for a company that manufactures clothing, and you oversee activities in a wide range of department
    8·1 answer
  • What is the capitalism
    6·1 answer
  • Why should we be careful about what we post on social media and the internet?
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!