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rewona [7]
3 years ago
9

To derive a market demand curve from individual demand curves, it would be necessary to:

Business
1 answer:
lbvjy [14]3 years ago
3 0
<span>To derive a market demand curve from individual demand curves, it would be necessary to sum the curves horizotally ,adding quantity demanded at each price.the market demand is the sum of the individual quantities demand at each price</span>
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Describe how an unrelated tenant in common or joint tenant should protect him- or herself from potential liability (for negligen
Pepsi [2]

Answer:

Tenancy in common

Explanation:

This tenant could use a legal agreement known as Tenancy in common. This agreement is established between two people who are co-tenants of a residence, but while one person is interested in purchasing insurance to protect themselves from potential liability, the other tenant is not willing to purchase insurance. In this case, Tenancy in common, allows only one of the tenants to have support with the right of survivorship and in case that tenant dies, the right will not pass to the other tenant.

4 0
3 years ago
Jennifer Schwab is an investor in The Handy Man Pro Shops. On January 1, she purchased 225 shares of stock at a price of $15 per
Tju [1.3M]

Answer:

C. $3,375

Explanation:

Calculation for the value of this stock on the company's balance sheet on December 31

Stock value= 225 shares* $15 per share

Stock value=$3,375

Therefore the value of this stock on the company's balance sheet on December 31 will be $3,375

5 0
3 years ago
Some economists say that economic growth involves a​ trade-off between current generations and future generations. If a current
Zielflug [23.3K]

Answer:

Current consumption .

More output & More capital.

Explanation:

Economic growth is the increase in the productive base of a country within a period of time. It can also be seen as the increase in the production of goods and services produced by a country within a period of time, it is simply increase in the gross domestic product (GDP)

Savings is that part of disposable income that is not consumed. That is, that part of income that is not spent on current consumption is what we called savings, the simple equation is:

S = Yd - C

Where: S = Savings, Yd = Disposable income and C = Consumption.  

When the current generation raises its savings rate, it sacrifices current consumption which is alternative forgone or opportunity cost of savings.

The gain for future generation is the accumulation of capital that will be available to them to produce more goods and services.

6 0
3 years ago
If 20 percent increase in the price of a good leads to a 60 percent decrease in the quantity demanded, then what is the price el
sp2606 [1]

Answer:

3

Demand is elastic

Explanation:

Elasticity of demand measures the responsiveness of quantity demanded to changes in price.

Elasticity of demand = percentage change in quantity demanded / percentage change in price

60 / 20 = 3

Demand is elastic because the coefficient of elasticity is greater than 3.

This means that a small change in price has a greater effect on the quantity demanded.

I hope my answer helps you

7 0
3 years ago
The pharmaceutical company Merck's new drug Vioxx was a blockbuster, generating revenues of $2.5 billion a year by 2002 and grow
nalin [4]

Answer:

Core Values

Explanation:

In the given scenario, Merck has deviated from its core values which are dedicated to the healthcare sector and transparency of drug development. It manipulated and didn't made the side effects of the drug public during testing.

4 0
3 years ago
Read 2 more answers
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