Which statement best explains the law of demand?

Business

2 answers:

sdas [7]3 years ago

8 0

The correct answer is The quantity demanded by consumers decreases as prices rise, then increases as prices fall.

Explanation:

The demand or desire of consumers to buy a certain product is widely affected by the price of the desired product. Indeed, a low price leads to a higher demand because consumers can buy more units of the same product and this motivates them to buy more; while a high price decreases the demand.

For example, if donuts normally cost $1 and their price decreases to $0.5 this will increase the demand or number of donuts people want people they can buy more units and the product can be afforded by more people. On the opposite, if the price increases to $2 people will buy fewer donuts because these would not be affordable for some people, and in general people will spend more money on each donut.

Doss [256]3 years ago

8 0

Answer:

the option is b on edge......

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Words that are designed to get an immediate reaction or incite harm are which of the following

atroni [7]

Answer: Fighting words

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3 years ago

Puritan Corp. reported the following pretax accounting income and taxable income for its first three years of operations: 2017 $

dangina [55]

Answer:

Net loss in 2018 reported in Puritan’s income statement = $360,000

Explanation:

Net Loss:

Net loss is the amount by which a company's total costs are more than its total sales during a particular period.

Formula:

Net loss = -taxable income + Income tax benefit

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Therefore by putting the values in the above formula, we get

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4 years ago

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Answer:

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2 years ago

True or false: stakeholders are individuals or companies that legally own a portion of the company and are not influenced by the

dimulka [17.4K]

It is a false statement that the stakeholders are individuals or companies that legally own a portion of the company and are not influenced by the actions of of that company.

<h3>Who are stakeholders?</h3>

These are investors that has a vested interest in a company and can either affect or be affected by a business' operations and performance. Some examples of a stakeholders includes investors, employees, customers, suppliers, communities, governments, trade associations etc.

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