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Sholpan [36]
2 years ago
10

According to the law of demand, as prices fall, ceteris paribus

Business
1 answer:
Aliun [14]2 years ago
3 0

Answer:

quantity demanded increases

Explanation:

price and demand are inversely related

this means as price falls it increases the willingness and ability of consumers to purchase a product.

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How to establish a positive work environment
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-no distractions
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You currently purchase a part used in your production process from an outside supplier, and have decided to begin making this pa
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Answer:

At an annual requirement of 40,000 units, selecting the low-cost option will save the company per year:

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General-Purpose Equipment     $50,000 per year     $20 per unit

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Special-Purpose   $200,000      $600,000 ($15*40,000)    $800,000

General-Purpose     $50,000    $800,000 ($20*40,000)   $850,000

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