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Alexxx [7]
3 years ago
12

The price of a popular breakfast cereal increases, ceteris paribus. As a result, demand will _______ and quantity demanded will

_______.
be constant; increase
be constant; decrease
increase; be constant
decrease; be constant
depend on its determinants; increase
Advanced Placement (AP)
2 answers:
Mars2501 [29]3 years ago
8 0

Answer:

I believe it is increase; be constant

stiv31 [10]3 years ago
8 0
The answer is the last choice: depend on its determinants, increase.
If a product is popular, and the price increases, some customers may still buy the product, others may look for different cheaper products. The quantity demand will increase because its popular, many people will buy it, so they need more production.
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The correct answer would be option B, A percent of its assessed value.

The market value of a property is A percent of its assessed value.

Explanation:

Market value is basically an estimate, an opinion, about the percentage price of the fair value of the property or anything.

When estimates and opinions are made about the selling price of the property in the competitive market, actually the Market value of that property is assessed. The market value of the property is assessed on the following criteria:

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On the basis of the above criteria, the market value of the property is assessed.

Learn more about Market Value at:

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<h3>ANSWER:</h3>

NOON:

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Kazeer [188]

Answer:

It is important because it's the difference between giving and recieving.

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