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Amiraneli [1.4K]
2 years ago
8

A demand curve that is horizontal indicates that the commodity ______ while a demand curve that is vertical indicates that the c

ommodity ________
Business
1 answer:
ipn [44]2 years ago
5 0

Answer:

1.  has a large number of substitutes

2. Do not know the answer.

Explanation:

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What did president hoover do to devise strategies for improving the economy?
olga nikolaevna [1]

The above answer is definitely correct in its details.  I'd just like to emphasize a couple of important ideas about Hoover's response.

<span>He tried to do more to fix the economy than any president had ever done before.  The government had been very hands-off up to that point.He believed the government should not go in debt no matter what.  This limited what he was willing to do.  Please note that economists back then agreed with this idea so it's not like Hoover was just being mean.  In fact, FDR believed the same thing and it's often said that he undermined the New Deal by trying to balance the budget too soon.</span>

So, overall what I want to point out is that Hoover did more than anyone else, and he did what most economists of the time would have said was the right thing to do.  But it didn't work and so he's seen as one of the worst presidents ever, which seems a bit unfair.

7 0
3 years ago
While other suppliers bidding for the contract brought bids with lower per unit costs, Orchard wanted to take delivery based on
Daniel [21]

Answer:

The correct answer is A) top quality.

Explanation:

There are generally two sales approaches: the first, product-oriented. This takes into account its own characteristics in terms of presentation, quality and utility; and the second, people-oriented, where the real needs of the consumer are studied to determine how he uses the good in order to orient himself towards satisfying a need.

The example clearly shows that the orientation with minimum unit costs was mainly focused on the client, so that the first impression is that of a lower price to motivate their purchase decision. For his part, Orchard clearly shows a product orientation, because he tries to offer quality by sacrificing other variables to supply a need.

6 0
3 years ago
Read 2 more answers
If a small electric automobile manufacturer is able to gain the social return generated by its electric motor, its demand for fi
Law Incorporation [45]

Answer: shift to the left

Explanation:

The social return helps in comparing the value of benefits and the costs to achieving the benefits. The social return is the ratio of net present value of the benefits in comparison to the net present value of the investment or the costs to getting the benefits.

In this case, if a small electric automobile manufacturer is able to gain the social return generated by its electric motor, it would decrease the demand for financial capital which simply means that the demand for financial capital will shift to the left. This shift to the left is as a result of the gain in its social return gotten by the electric motor.

5 0
3 years ago
To create a balanced budget, one must balance needs against what
mamaluj [8]
To create a balanced budget, one must balance needs against wants.

In order to Create a balanced budget you should:

<span>1. Keep track of your </span>financial gain<span> and expenses.</span>
<span>2. Stay on </span>top<span> of your monthly bills.</span>
<span>3. Be </span>ready<span> for </span>surprising<span> expenses.</span>
4. Not overspend.
<span>5. Figure out </span>what quantity you wish to save lots of to satisfy your monetary goals.
8 0
3 years ago
Read 2 more answers
Which of the following is not a positive of having a large trade​ deficit? A. A large trade deficit can signal the positive expe
krok68 [10]
The answer for this one is B
3 0
3 years ago
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