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stira [4]
3 years ago
14

In general, as price increases, demand decrease? True or False.

Business
2 answers:
enyata [817]3 years ago
8 0

False, the reason the prices raise is because of high demand. If people want a product they will buy it at a higher price.

likoan [24]3 years ago
7 0
False people will not want it as more when the price goes up
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You are responsible for implementing activities for a group of six foreign students and eight American students who are they

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What are the 3 goals of an economy?
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To maintain a strong Economy the federal government seeks to accomplish three policy goals stable prices , full employment and economy growth in addition to these three policy goals the federal government has other objectives to maintain sound economy policy
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Do you prefer to work alone or as a member of a team? Explain.
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Answer:

If you're an introvert, you can say that you generally enjoy working alone, but explain that you can also work well with others, too. For example, “I really enjoy collaborating with a team and brainstorming ideas, but that doesn't mean I can't work independently to get things done.

Acknowledging working as a team and independently shows you are a well-rounded individual who likes all work environments. However, employers won't accept you directly answering “both”, so you need to pick one depending on the type of role you're going for – but remember to address the other side too.

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2 years ago
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For an analysis of the salaries of your​ company, you plot the salaries of all employees against the number of years they have w
Arisa [49]

Answer:

1. That values that you must plot are:

  • (1, 4.08))
  • (20, 5.08)
  • (40, 6.18)

2. Yes, the plot of those three points is straight enough.

Explanation:

<em><u>A. What are the values you will​ plot? </u></em>

The x-ccordinate of your plot is still the number of years the exmployees have worked for the company.

The y-coordinate of your plot is the the​ base-10 logarithm of  the salary.

Therefore:

<u>1) A​ part-time shipping​ clerk</u>: 1 year, $12,000

           ⇒     (1,log_{10}12,000)=(1,4.08)

<u>2) A manager</u>: 20 years, $120,000

  ⇒     (20,log_{10}120,000)=(20,5.08)

<u>3) The​ CEO</u>: 40 years​ ago, $1,500,000

  ⇒     (40,log_{10}1,500,000)=(40,6.18)

Summarizing, the points to plot are:

  • (1, 4.08)
  • (20, 5.08)
  • (40, 6.18)

<u><em>B. Will the plot of these three points be straight​ enough?</em></u>

To find whether the plot is straight enoguh, you may either plot them, make a regression, or, since they are only three points, you can whether the change of rate of the points is constant.

  • <u>Change of rate of the first two points, r</u>:

       r = rise/run = Δy / Δx = (5.08 - 4.08) / (20 - 1) =1.00/19 ≈ 0.05

  • <u>Change of rate of the second and the third points, r</u>:

       r = rise/run = Δy / Δx = (6.18 - 5.08) / (20 - 1) = 0.05

Since both rate of changes are equal (or reasonably equal) the plot is  straight enough.

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3 years ago
site:coursehero.com why is it crucial to collect and analyze data when planning professional development sessions?
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Students are required to evaluate and analyze the data they gather in order to develop explanations for their results.

<h3>What is analyzing data?</h3>

To analyze anything is to break it down into its component parts and look at each one separately. Getting raw data and turning it into information that users can use to make decisions is the process of data analysis. In order to find answers, validate theories, or test hypotheses, data is gathered and evaluated.

Data analysis, according to statistician John Tukey, is:

"Procedures for analyzing data, techniques for understanding the findings of such procedures, methods for organizing the collection of data to make its analysis simpler, more accurate, or more precise, and all the equipment and results of (mathematical) statistics which apply to analyzing data."

To learn more about data analysis visit:

brainly.com/question/14864440

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