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bogdanovich [222]
3 years ago
9

Which of the following is an example of the law of demand at work?

Business
1 answer:
Reptile [31]3 years ago
8 0

Answer:

O C. Demand for pizza rises when the price of pizza falls.

Explanation:

In the law of demand, the demand for a product and the price move in opposites directions. As the prices for a good or service increases, the demand falls. Therefore, the demand for a product is inversely related to its price.

An increase in the demand for pizza due to a fall in its prices is a perfect illustration of the law of demand. An increase or decrease in prices causes the demand to move in the opposite direction.

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A monopoly A. ​doesn't lose any sales when it raises its price. B. must have a patent to protect its products. C. produces the m
Ugo [173]

Answer:

A. ​doesn't lose any sales when it raises its price

Explanation:

  • As monopoly is ruled by one set of prices and they are price makers thus even f the prices rise the price will be set above the marginal cost to maximize the profits. Thus a monopoly does not lose its market share as it acts as a single dominating factor in the supply and trade of the goods and services. And it stipulates the financial dealing through a single seller.
6 0
3 years ago
Herb has $20,000 in an interest-bearing time deposit with the Applebottom Bank and Trust Company. While earning a relatively att
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Answer:

CD   Certificate of deposit.

Explanation:

Is a type of savings account that has a fixed interest rate and fixed term of months or years.  Is a financial product commonly sold by banks, trhift institutions, and credit union.   Are similar to savings accounts in the way that they are insured "money in the bank"

4 0
3 years ago
Davidson Company has 10,000,000 common shares issued and 400,000 shares of treasury stock. The stock's par value is $2 per share
emmainna [20.7K]

Answer: See explanation

Explanation:

Based on the information given in the question, the increase or decrease in the retained earnings will be calculated as:

= (10,000,000 - 400,000) × 15% × $15

= 9,600,000 × 0.15 × 15

= 21,600,000

The retained earnings will decrease by $21.6 million

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6 0
3 years ago
Marcus is on a team to plan volunteer opportunities for employees in the company. His role is to handle public communications ab
vladimir2022 [97]

Answer:

Marcus needs to manage his emotions towards Amy's actions

Explanation:

Based on the information provided within the question it can be said that in order to be an effective team member Marcus needs to manage his emotions towards Amy's actions. When working in a team you need to be able to communicate effectively and work out any problem's that may arise in a calm and collected manner. Anger should not be present in a work environment as it can quickly escalate into chaos and break the flow and efficiency within a group.

6 0
4 years ago
What is the difference between limited liability and unlimited liability
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Answer:

Limited liability means the business owners' liability for debts is restricted to the amount they put into the business. With unlimited liability, the business owner is personally responsible for any loss the business makes.

Explanation:

5 0
3 years ago
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