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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

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If the Mount Lemmon fire district attempts to implement age diversity initiatives, but these initiatives are defeated because th
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Explanation:

fears of reverse discrimination

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2 years ago
Which of the following statements is false?A) We say a portfolio is long those stocks that have negative portfolio weights. B) T
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Answer:

The false statement is letter "A":  We say a portfolio is long those stocks that have negative portfolio weights.

Explanation:

The portfolio weight is the portion that a particular asset represents of the overall portfolio. There are many methods helpful to calculate the portfolio weight usually by dividing the dollar value of an asset by the total dollar value of the portfolio. Short positions are taken as negative values inside the portfolio that hold negative weights.

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3 years ago
To arrive at net cash provided by operating activities, it is necessary to report revenues and expenses on a cash basis. This is
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Answer: C) eliminating the effects of income statement transactions that did not result in a corresponding increase or decrease in cash

Explanation:

The income statement comprises of entries that are not cash based in nature but help in the computation of taxes amongst other things such as depreciation and amortization.

When calculating net cash provided from operating activities therefore the income calculated should be adjusted for any expenses or revenue that are not cash based in nature and so will not result in a corresponding increase or decrease in cash.

For instance, adding back depreciation and amortization to the net cash balance as both do not actually reduce the cash balance of the company.

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3 years ago
A forecast that helps direct police officers to areas where crimes are likely to occur based on past data is an example of _____
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Answer:

D. Predictive Analytics

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Predictive analytics is a data mining technique that involves the use of old previous information in the prediction of future activities. It is the use of statistical data and algorithms in determining the likelihood that a future event will occur based on the historical facts found in the statistical data. It is used in identifying patterns and predicting future outcomes and trends based on those identified patterns. An example of this is a forecast that helps police in predicting areas most likely that crime will occur.

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3 years ago
What are the frist 10 amendments called
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<span>The first 10 amendments of the United States Constitution are called the "Bill of Rights," these amendments were ratified on December 15, 1791. </span>
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