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Zanzabum
3 years ago
13

A heavy snowstorm is predicted to occur in Boston on the same night as the city’s professional basketball team is playing a game

. The snowstorm, if it occurs, will make it difficult for people to drive into the city. In anticipation of lower demand, the arena lowers the prices of tickets to the game. When compared to quantity demanded in the absence of the storm and the price change, the new quantity demanded:__________
1) will definitely be lower than before.
2) will definitely be higher than before.
3) will be the same as before.
4) cannot be determined.
Business
1 answer:
Jlenok [28]3 years ago
3 0

Answer:

2

Explanation:

According to the law of demand, the higher the price, the lower the quantity demanded and the lower the price, the higher the quantity demanded.

If the price of the ticket is reduced, the quantity demanded would increase

If on the other hand, prices are increased, the quantity demanded would reduce.

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Dividends paid to common stockholders cannot be deducted from the payer's taxable income for tax purposes.

<h3>What is Dividend Payments?</h3>

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Since they are paid on each share, the amount of cash distributed to each shareholder is based on the amount of shares they own.

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Dividends are paid only on outstanding shares of common stock.

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