1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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.

You might be interested in
Sparks Corporation has a cash balance of $14,100 on April 1. The company must maintain a minimum cash balance of $11,500. During
chubhunter [2.5K]

Answer:

$6,900

Explanation:

The amount of cash the company will need to borrow is dependent on the closing balance and the minimum cash balance the company must maintain.

The closing cash balance is the sum of the opening balance and the net movement in cash during the month. The net movement in cash is the difference between the cash receipts and the cash payments.

Closing cash balance = $14,100 + $59,000 - $68,500

= $4600

Amount to be borrowed = $11,500 - $4,600

= $6,900

3 0
3 years ago
A metal fabrication company is considering entering the global market. It is unsure of what steps to take and is looking for a c
alexira [117]

Answer:

enter into a joint venture.

Explanation:

Based on the information provided within the question it can be said that the company's best option in this scenario would be to enter into a joint venture. This term refers to a business arrangement where various parties agree to combine all of their resources (including personnel) in order to achieve the same goal. Which would benefit the metal fabrication company since the partner company would provide the knowledge and experience of the host country market and they would in term provide more resources to the partnership.

5 0
3 years ago
Razor Inc. manufactures industrial components. One of its products used as a subcomponent in auto manufacturing is Fluoro2211. T
dolphi86 [110]

Answer:

d. $1,080,000

Explanation:

Contribution per unit = Selling price per unit - Variable cost per unit

Contribution per unit = Selling price per unit - ( Direct Materials + Direct Labor + Variable Manufacturing Overhead + Variable Selling )

Contribution per unit = $160 - ($22 + $15+ $12 + $3)

Contribution per unit = $160 - $52

Contribution per unit = $108 per unit

Contribution margin for the next year = $108 per unit * 10,000

Contribution margin for the next year = $1,080,000

7 0
4 years ago
When a securities firm acts as a(n) ____, it makes a market in specific securities by maintaining an inventory of those securiti
Goryan [66]

Answer:

The correct approach is "dealer".

Explanation:

  • Dealers would provide money supply to financial products whilst also trying to establishing a working capital of those that have been exchanged at a small concentration. By mobilizing savings, dealers generate more money out of the expansion respectively bids and start questioning for quotes.
  • To make profits, individuals consider purchasing lesser at either the contract offer, as well as take revenue at either the request and then, have a high turnover.
4 0
3 years ago
Differences between international marketing and international trade​
Anastaziya [24]

Answer:

international trade ; The exchange of goods or services along international borders.

International Marketing ; is the application of marketing principles to satisfy the varied needs and wants of different people residing across the national borders.

Explanation:

good luck m8

3 0
3 years ago
Other questions:
  • The fiscal 2017 financial statements of Reed Enterprises shows average net operating assets (NOA) of $4,795 million, average net
    6·1 answer
  • Candidates for depth interviews could include a. current customers. b. members of the target market. c. executives and managers
    11·1 answer
  • Americans’ core value of upward mobility (i.e., success will come to anyone who works hard) has greatly influenced the way luxur
    10·1 answer
  • The communication advantages of social media use by businesses can best be summarized as _____.productivitydistractionself-promo
    8·1 answer
  • The main types of financial institutions are all of the following, except _____. savings and loan bank financial adviser credit
    15·2 answers
  • __________ unemployment refers to persons who purposefully quit their jobs and have not yet found a new job.
    13·1 answer
  • You want to purchase a new car in 7 years and expect the car to cost ​$77 comma 000. Your bank offers a plan with a guaranteed A
    11·1 answer
  • What is the base of Selection Process?
    6·1 answer
  • A contingent liability:
    6·1 answer
  • The principal-agent relationship between Medical Clinic LLC and Network Referral Service is not contractual. If Medical, the pri
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!