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gladu [14]
3 years ago
11

Says that the quantity demanded of a good folls when the price of 1 point the good rises.

Business
1 answer:
Vedmedyk [2.9K]3 years ago
8 0

Answer:

B) The Law of Demand

Explanation:

The correlation between the volume demanded, and the price of a good is explained by demand law. As per this law, price and the quantity demanded have an indirect or inverse relationship. An increase or decrease in price results in quantity demanded moving in the opposite direction.

Should the prices of a product or service increase, its demand falls.

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5 0
3 years ago
Farah Snack Co. has earnings after taxes of $108,750. Interest expense for the year was $20,000; preferred dividends paid were $
mars1129 [50]

Answer:

$0.9

Explanation:

Data provided in the question:

Earnings after taxes = $108,750

Interest expense for the year = $20,000

Preferred dividends paid = $18,750

Common dividends paid = $30,000

Common stock outstanding = 100,000 shares

Now,

Earning available on common stock

= Earnings after taxes - Preferred dividends paid

= $108,750 - $18,750

= $90,000

Therefore,

Earnings per share on the common stock

= Earning available on common stock ÷ Common stock outstanding

= $90,000 ÷ 100,000

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7 0
3 years ago
The daily sales of a peanut butter at Power's Grocery are normally distributed, with a mean of 12 jars and a standard deviation
Alenkasestr [34]

Answer:

d. 81

Explanation:

E(number of order) = E(X1) + E(X2) + 21 -4

                                = 12 + 12 + 17

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Therefore, The store should order 81 .

3 0
3 years ago
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