Answer:
c. increases the quantity of goods and services demanded.
Explanation:
According to the law of demand, there is an indirect relationship between demand and the prices for good or service. Should the price of a good or service increase, its demand will decrease. Demand comprises of the willingness and ability to buy.
A decrease in the price level will make the product affordable by more buyers. The market will afford to buy more of that product. The law of demand works together with the law of supply. The intersection of demand and supply curves determines the price of a product.
Critics of Ansoff's matrix mention that the matrix does not reflect the reality of how businesses grow.
<u>Explanation:</u>
A table form that contains the columns and rows is The Ansoff Matrix. the products and services of any business is included in the column of the matrix. The row of the matrix includes the markets in which the business flourish. is basically a table. Four different categories allow for four combinations. The products of the company may include tow category which many an existing product or new one.
The markets also includes two categories like, the market in which the business already operates and the market in which the business can newly enter. The main critic of this matrix is that, it does not explain the growth of the business in the real environment. It says the business growth only based on the opportunities that are existing in the current situations and opportunities. The future opportunities are not taken for its growth.
Answer- True.
<span>In agreement with lots of consumer advocates one should
not furnish his/her apartment by going to a rent to own company, this is
because the budget of renting to own is much more costly than the cost of
buying. The finance charges strained out after a while can at times make the
product cost nearly twice or more. </span>
Answer:
(1)=A (2)=D
i just need to fill up this space to answer~
Answer:
b) People feel wealthier, so their spending rises and their saving falls, causing interest rates to rise.
Explanation:
If assets price rises, for example, the price of stocks in the market, people will feel wealthier because they now have more disposable income. As consumption is a function of disposable income, as stated by the consumption formula:
C = a + MPC*Yd
Where
C = consumption
a = autonomous consumption (consumption that does not depend on disposable income)
MPC = marginal propensity to consume
Yd = disposable income
if disposable income is higher, then consumption will be higher.
People save whatever money is left after consumption. If people consume more, then, their savings will fall.
Less savings means that the supply of loanable funds will fall, causing a rise in the interest rates.
