What are three characteristics of a demand curve?
Answer: The three characteristics of a demand curve are price, quantity, and demand. When drawing a demand curve the price is drawn on the vertical axis and quantity demanded is on the horizontal axis. This graph is very helpful in a free market economy. It clearly shows the relationship between the price of a service or product and the amount of it that people are willing to purchase or pay for.
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Answer:
a. The probability of default is zero.
Explanation:
A bond is a fixed income security that investors can buy. It can either be a zero-coupon bond which does not pay fixed coupons or a coupon-paying bond which pays coupons . When a bond is held to maturity by the bondholder, YTM(Yield to Maturity) will be the rate of return on an assumption that the probability of defaulting in payments is zero
Answer: Here in this particular case, people prefer and enjoy both eating fresh fish with tartar sauce and lobster with drawn butter.
Given : A hurricane destroys most of the fishing boats on the Macro Islands but leaves the lobster traps untouched.
Therefore, there will be a bountiful supply of Lobster.
whereas;
Fishing requires boat and since they are decimated, therefore there will be decrease in supply.
Hence, <u><em>people will demand more of "drawn butter" in order to compliment lobsters.</em></u>
Answer:
a. Transportation problems
Explanation:
In Business management, problems which deal with the direct distribution of products from supply locations to demand locations are called transportation problems.
Transportation is a supply chain technique which primarily includes all of the process involved in the distribution of finished goods and services from the production line to the consumers or end users, so as to meet their needs or wants.