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Len [333]
3 years ago
5

Hich best explains how the law of demand affects consumers?

Business
1 answer:
Anuta_ua [19.1K]3 years ago
8 0

Answer:

It helps consumers tell producers when prices are too high.

Explanation:

The law of demand affirms that an increase in price results in reduced demand. It means that when prices increase, consumers will buy fewer quantities of a product or service. The law of demand shows the relationship between price and the quantity of a product consumers are willing to buy in the market.

Consumers can communicate with producers through the volume of products purchased. When the quantity purchased is low, producers will know the set prices are high.

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On January 1,2016, the Ruffin Corporation issued $40,000 par value, 4%, four-year bonds that mature on December 31, 2019. Ruffin
Sergeu [11.5K]

Answer:

Face Value of the Bond = 40000

Effective Interest = 4%

Coupon rate = 4%

Years to Maturity = 4

Quarterly Coupon rate = 1%

No. of compounding periods = 16

Present Value of Face (40000*.85282)                       $34,112.85

Present Value of Interest Payments (800*14.7179)      <u>$5,887.15</u>

Total                                                                                $40,000.00

Face Value of Bond                                                       <u>$40,000.00</u>

Initial Amount of Discount/(Premium)                           <u>$0.00         </u>

Note: As the bonds are issued at par, there is premium or discount.

7 0
3 years ago
This video speeds through over 10 common mistakes people make that leave them open to identity theft. list at least 5 of them he
Vikentia [17]

Leaving Your Mail Unguarded. ...

Throwing Sensitive Documents into Your Trash. ...

Losing Your Wallet or Smartphone. ...

Falling for Cyberscams. ...

Using an Insecure Internet Connection.

3 0
2 years ago
Based on what you learned in The Power of the Informal Economy video, what is the informal economy and how many people in the wo
frosja888 [35]

Answer:

1.8 billion people are employed in System D.

Explanation:

System D is a large informal economy. It is an open economic arena where everything is available. Though it is very large, it doesn’t include two-thirds of the workers in the world. The people who are a part of System D are about 1.8 billion people in the world. The economy is worth $10 trillion per year.

In informal economy varied set of economic activities happen. The enterprises, jobs and workers are not regulated or protected by the state. It is basically mean self-employment in small enterprises.

Yes, United States has an informal economy. Government does not tax or monitor the black market and market of illegal drugs.

5 0
3 years ago
Which of the following statements are reasons why operations management is important?
mafiozo [28]

Answer: D. All of these are reasons why operations management is important.

Explanation: Operation management is concern with converting materials and labor efficiently into goods and services for profit maximization. It is the administration of business principles in creating the highest level of efficiency within an organization.

Efficient and productive operation drives the economic well being of nations, Operations management is responsible for much of the value created by organizations and a key source of competitive differentiation among firms, are reasons why operation management is important.

7 0
3 years ago
A business owner makes 50 items by hand in six hours. She could have earned $10 an hour working for someone else. If each item s
ElenaW [278]

Answer:

Please see attachment.

Explanation:

5 0
3 years ago
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