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Ronch [10]
2 years ago
13

Identify the reasons why the quantity demanded of a product increases as the price of that product decreases. a. as the price de

clines, the real income of the consumer increases b. as the price of product A declines, it makes it more attractive than product B c. as the price declines, the consumer will always demand more on each successive price reduction d. a and b e. a and c
Business
1 answer:
Brut [27]2 years ago
4 0

Answer:

D) A and B

Explanation:

a. as the price declines, the real income of the consumer increases

b. as the price of product A declines, it makes it more attractive than product B

Hope this helps!

Ps. Don't click on those sketchy links.

Have a good day!

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An increase in the money supply causes
Murljashka [212]

Answer:

Inflationary Pressure

Explanation:

Inflationary pressures are the underlying causes of inflation. These pressures are the reason that the production of goods increases to meet or exceed consumer demand or that prices increase due to lack of supply. Inflationary pressures cause the economy to adjust as a result of supply and demand.

6 0
2 years ago
According to Anne Roe’s personality theory of career choice, people choose occupational fields based on their ______________, wh
Gekata [30.6K]

According to Anne Roe’s personality theory of career choice, people choose occupational fields based on their <u>need structures</u>, which were influenced by the childhood environments that they experienced.

<u>Explanation</u>:

Anne Roe’s personality theory of career choice was well explained in her book <u>“Psychology of Occupations”</u>. There are certain factors that influence in deciding the career of a person. The factors are psychology, biology and sociology of a person.

Individuals decide their field of work based on their demands and needs. The childhood experience may also influence the occupation field of the person. Need structure provides the requirement of the person according to their lifestyle and requirements.

4 0
2 years ago
Consider the following binomial experiment: a study in a certain community showed that 6% of the people suffer from insomnia. if
Oxana [17]
To determine the standard deviation of the number of people who suffer from insomnia, you need to use the following formula:
= sqr of npq

= √10,200 people in the community x 0.6 people who suffer from insomnia x 0.91 = ?
= √10,200 x 0.6 x 0.91 = <span>√55.143 = 7.43 

= 7.43</span>
6 0
3 years ago
Although a sales representative may skip a step in the personal selling process or might sometimes have to go back and repeat st
Verdich [7]

Answer: c. closing the sale is the final—and most satisfying—part of the process.

Explanation:

Closing the sale is NOT the final part of the process but rather the FOLLOW-UP.

And like option e in the question shows, following up can lead to more sales for the representative because following up can guage customer satisfaction and if the customer is satisfied, they could become loyal and recurrent customers.

5 0
3 years ago
Which of these components does a business exclude from its net income under “operating surplus”?
irga5000 [103]

Answer:

Depreciation

non-cash charges

interest on loan

taxes

Explanation:

This is according standard proforma for preparing cash flow statement,interest and taxes are later brought back into the computation for instance interest relates to financing activities while actual tax paid is deducted before arriving at cash generated from operations

3 0
3 years ago
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