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cupoosta [38]
3 years ago
10

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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An investor is looking at two properties, but will only purchase one of them. Each is similar in utility and location, and has a
zhenek [66]

Answer:

contribution would be the answer :)

Explanation:

4 0
2 years ago
In a small open economy with a fixed exchange rate, if the government increases government purchases, then in the process of adj
bearhunter [10]

Answer:

The correct option here is A) .

Explanation:

In the given small open economy , if government increase the government purchases than people in the economy will have more or increased money supply, so when the rates are fixed , in the short run , the income will rise with exchange rates remaining same. Thus option A is definitely correct as money supply would be increased to keep exchange rates fixed and augmenting the effects of government spending on income.

4 0
3 years ago
Purchasers of theatre tickets receive a 20 percent discount if they purchase and pay for the full season at one time. This is an
Anni [7]

Answer:

Is the mixed bundling type.

Explanation:

In marketing, product bundling is offering several products or services for sale as one combined product or service package. It is a common feature in many imperfectly competitive product and service markets.

Mixed bundling occurs when consumers are offered a choice between purchasing the entire bundle or one of the separate parts of the bundle.

6 0
4 years ago
You want $1,000,000 when you retire in 40 years. You decided to save some money every year next 40 years for your retirement. Yo
Lemur [1.5K]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

A) You want $1,000,000 when you retire in 40 years. It earns 6 percent annually.

We need to use the following version of the final value formula:

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

Isolating A:

A= (FV*i)/{[(1+i)^n]-1}

FV= 1,000,000

n=40

i=0.06

A= (1,000,000*0.06) / [(1.06^40)-1]

A= $6,461.53

B) You decided to contribute $500 a month into a fund that is expected to earn 6 percent, compounded monthly. If you start the contribution a month from today for 30 years.

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

n= 30*12= 360

i= 0.06/12= 0.005

A= 500

FV= {500*[(1.005^360)-1]}/0.005= $502,257.52

3 0
3 years ago
Write 20 abbreviation and words in full ( manuscript )​
Natasha_Volkova [10]

Answer:

approx. - approximately

appt. - appointment

apt. - apartment

A.S.A.P. - as soon as possible

c/o - care of, used when sending mail to someone who's not at their usual address

dept. - department

D.I.Y. - Do it yourself

est. - established

E.T.A. - estimated time of arrival

min. - minute or minimum

misc. - miscellaneous

Mr. - Mister

Mrs. - Mistress (pronounced Missus)

no. - number

R.S.V.P. - Répondez, s'il vous plait, this initialism comes from the French for "please reply." It's used on invitations to parties and events and is intended (as it says) to be responded to with a "yes, we will attend," or "no, we will not."

tel. - telephone

temp. - temperature or temporary

vet. - veteran or veterinarian

vs. - versus

tsp or t - teaspoon/teaspoons

tbs, tbsp or T - tablespoon/tablespoons

c - cup/cups

gal - gallon

lb - pound/pounds

pt - pint

qt - quart

hope this is what tou looking for. theres more than 20, so you can pick and choose

5 0
3 years ago
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