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navik [9.2K]
2 years ago
11

On a supply and demand graph, if the demand curve shifts to the left, what would be the resulting effec

Business
1 answer:
Shtirlitz [24]2 years ago
5 0

Answer:

A).price will fall and quantity will fall

Explanation:

A reduction in demand causes the demand curve to shift to the left. The demand for a good may decrease due to a fall in incomes( assuming a normal good), a rise in the price of a substitute commodity, increases in the price of a compliment product, or changes in customer preferences.

Reduction in demand means a product is less desirable in the market. Its price will fall as sellers try to woe buyers to purchase it. The quantity supplied will also decline as few customers will be willing to buy the product.

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Answer:

Option C 0.72 is correct

Explanation:

Cash and cash equivalents 351

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Accounts receivable         242

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Quick ratio                         0.72

3 0
3 years ago
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Chestelle Corporation, a sports equipment manufacturing company, borrows a considerable sum of money as loan from GRJ Bank, a pr
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Answer:

Long term liability

Explanation:

Long term liability is defined as the amount of money a business owes that is due above a year. It is liabilities that do not affect the current liquidity of the business and its ability to do business.

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3 years ago
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The most important labor force issue for developed economies is their _________ populations. global diverse aging all of these
dalvyx [7]
The answer here is ‘aging’.

I hope this can help.
4 0
2 years ago
Select the examples that best demonstrate likely tasks for Revenue and Taxation workers. Check all that apply.
ArbitrLikvidat [17]

Awnser: A, B, and E.

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_____ are any aspects of a good or service that a customer must believe in but cannot personally evaluate even after purchase an
34kurt

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Credence Attributes

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Because the quality of these products or service are unobservant through search or experience some providers tend to charge consumers at a premium for their provision.

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