The law of demand implies that consumers will, all other things unchanged, buy more at lower prices.
One of the most fundamental ideas in economics is the law of demand. The law of demand explains how market economies distribute resources and set the prices of goods and services that we see in daily transactions by combining the law of supply. According to the law of demand, the quantity bought varies inversely with the price. In other words, the quantity demanded decreases as the price increases. Because of declining marginal utility, this happens. In other words, consumers utilise the initial units of an economic good they buy to fulfil their most pressing requirements first, and they use the subsequent units to fulfil progressively lower-valued goals.
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Answer:
Net fixed assets on the balance sheet will decrease.
Explanation:
If we assume that Congress recently passed a provision that will enable Barton's Rare Books (BRB) to double its depreciation expense for the upcoming year but will have no effect on its sales revenue or tax rate.
The conclusion that best describes the impact of the new provision on BRB's financial statements versus the statements without the provision is that the <u>Net fixed assets on the balance sheet will decrease.</u>
<u>Normally in the Balance Sheet, the values of Net Assets are arrived at by subtracting the accumulated amounts of depreciation from the cost of the assets</u>
<u>Therefore if the values of depreciation are doubled, then the resultant amount of Net Assets will be smaller because a bigger deduction has been made against the cost of acquisition.</u>
There will be 30% of houses without fibre optic internet connectivity or high-definition television.
Groups of components with definite definitions are called sets. A curly bracket serves as a symbol for the number of objects in a finite set.
To choose a subset from a set and draw a conclusion using statistical analysis, use random sampling.
In one town, 20% of homes have both fiber-optic internet connectivity and at least one high-definition television, whereas 40% of homes have one or the other.
The percentage of residences without fibre optic internet connectivity or high-definition television is as follows:
P = 100% - [60% + 30% - 20%]
P = 100% - (90% - 20%)
P = 100% - 70%
P = 30%
30% of houses will not have fibre optic internet connectivity or high-definition television.
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A mentor is the answer.
Mentors are usually older and more experienced, and train their younger counterparts.
This is a logical question m8 the answers A
