1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Volgvan
3 years ago
15

If the price of milk rose to $6 per gallon, consumers would purchase fewer gallons of milk than if the price were $2 per gallon.

If the price of chocolate fell to $1.50 per piece, consumers would purchase more chocolate than if the price were $5 per piece. These relationships illustrate the___________.
Business
1 answer:
Law Incorporation [45]3 years ago
4 0

Answer:

the law of demand

Explanation:

as the law of demand states that the higher the price the lower the quantity that will be demanded, and the lower the price the higher the quantity that will be demanded

You might be interested in
A borrower sued a foreclosure consultant for violating the mortgage foreclosure consultant law. the borrower may receive actual
lesya692 [45]

The borrower may be awarded real losses, legal expenses, and, in extreme situations, the credit may be extended.

<h3>What is foreclosure consultant?</h3>

A person who stops the sale of foreclosure is called as  foreclosure consultant. He, directly or indirectly, makes a solicitation, representation, or offer to an owner to perform for the act of foreclosure.

A borrower filed a lawsuit against a foreclosure consultant for breaking the mortgage foreclosure consultant legislation. The borrower may be awarded actual damages, legal charges, and credit may be extended in exceptional cases.

Therefore, it can be concluded that credit expansion can be done in some of the cases for violating the mortgage.

Learn more about mortgage here:

brainly.com/question/13447700

#SPJ4

6 0
1 year ago
EB1.
olya-2409 [2.1K]

Answer:

34,000 units

Explanation:

Given that,

Budgeted sales = 32,000 units

Ending inventory required = 6,000 units

Beginning inventory  = 4,000 units

Hence,

Number of units = Budgeted sales + Ending inventory - Beginning inventory

Number of units = 32,000 units + 6,000 units - 4,000 units

Number of units = 34,000 units

Therefore, 34,000 units must be produced to also meet the 6,000 units required in ending inventory.

3 0
2 years ago
A work system has five stations that have process times of 5, 9, 4, 9, and 8. What is the throughput time of the system?A. 7B. 4
-Dominant- [34]

Answer:

D

The throughput time of the system is 35

Explanation:

When we talk of the throughput time of a system, we are referring to the total time utilized from the start of the job to the end

So to calculate the throughput time of this system, we simply need to add all the hours of work together (proceeds time)

That would be; 5 + 9 + 4 + 9 + 8 = 35

4 0
2 years ago
At the beginning of the year, the balance in Allowance for Doubtful Accounts is a credit of $760. During the year, $120 of previ
Mekhanik [1.2K]

Answer:

=$140

Explanation:

At the beginning of the year, the account had a credit(positive balance of $760)

Previously bad debt that has been reinstated, $120

The new balance will be $760 + $120 = $860

adjusting for the written-off accounts

=$860 - $740

=$140

3 0
3 years ago
A major benefit of socialism is the
Alinara [238K]

Answer:

Nothing socialism is hell!

Explanation:

6 0
2 years ago
Other questions:
  • The _____ model is the basis for the classic purchase funnel metaphor that is often used to depict the decision process consumer
    8·2 answers
  • Question 3: HR Metrics Review some of the examples of metrics included in this week’s reading. How can HRMs use metrics to measu
    8·1 answer
  • Bonita Beauty Corporation manufactures cosmetic products that are sold through a network of sales agents. The agents are paid a
    12·1 answer
  • Consider each person's situation to determine who would be counted among the "unemployed."Laura works 20 hours in a paid positio
    5·1 answer
  • Read the spreadsheet formula below, then answer the question.
    14·1 answer
  • Which transactions are typically accounted for by using the relative sales value method to calculate unit purchase cost?
    11·1 answer
  • If prices rise over​ time, then real GDP will be A. smaller than nominal GDP in years before the base year. B. larger than nomin
    9·1 answer
  • Information related to plant assets, natural resources, and intangibles at the end of 2020 for Cheyenne Corp. is as follows: bui
    7·1 answer
  • A $20 bill features which of the following on the reverse?
    13·1 answer
  • The form of business ownership that has the most difficulty in raising capital is the ....
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!