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kodGreya [7K]
2 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]2 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.

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3 years ago
Cost allocation involves:_______.A. Identifying a cost driver for each cost to be allocated. B. Calculating an allocation rate f
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d. all of the answers are correct

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3 years ago
Sometimes one observes that the price of a company's stock falls after the announcement of favorable earnings. This phenomenon i
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1 year ago
The three ways of organizing data for use by an organization are:
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"which activity exposes this company to the most risk of being issued an emergency loan?"
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3 years ago
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