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3 years ago

Which may occur as a result of a decrease in the price of laptop computers?

Business

1 answer:

Nimfa-mama [501]3 years ago

5 0

Answer:

Increase in quantity demanded

Explanation:

Demand for a product is the different quantities of that product that consumers are willing and ready to pay for at different prices.

There are many factors that affect the demand for a product; these include change in the price of the product, price of related products, change in consumer income, change in fashion, taste and style.

Change in quantity demand

Specifically, the law of demand states that there is an inverse relationship between quantity demand and its price. Change in quantity demand is a movement along the demand curve.

A change in the price of a product will produce an opposite change in the quantity that consumers are willing to buy assuming all other factors do not change. This is referred as to as change in quantity demand. This can either be an increase or a decrease depending on the direction of the price movement.

Change in demand

Change in demand is the shift in the demand curve to either right or left. This can be attributed to any of the factors that affect demand other the price e.g change in income.

Therefore a decrease in the price of laptop computers will lead to an increase in the quantity demanded .

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Q 5.31: Which of the following balance sheet formats lists the assets on top and the liabilities and stockholders’ equity on the

Vsevolod [243]

Answer:

D : report form

Explanation:

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4 years ago

All of the following statements regarding accounting treatments for liabilities under U.S. GAAP and IFRS are true except:_______

mihalych1998 [28]

Answer:

A) Accounting for bonds and notes under US GAAP and IFRS is similar.

Explanation:

US GAAP and IFRS do not have the same accounting guideline for bond issue cost:

Under US GAAP, bonds payable is recorded at face value while premiums or discounts are recorded separately. While under IFRS, bonds payable is recorded using the carrying value, and amortization or premiums or discounts is done by using the effective-interest method.

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3 years ago

Why should an employer have employees sign a copy of the company's personnel policy?

Umnica [9.8K]

So that the employees know the policy of the job and so if something does go wrong they cant be held accountable

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3 years ago

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Hebron organizes theatrical performances in his neighborhood every weekend and also holds training classes for those who are int

Basile [38]

Answer: Mental stimulus processing

Explanation:

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According to the given question, Herbon is organizing the theatrical performance in the society and also managing the training class of the theater and arts performance.

The Hebron is basically offering the various types of services on the basis of the category of mental stimulus processing such as consulting. Therefore, Mental stimulus processing is the correct answer.

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3 years ago

Economist george stigler once wrote that, according to consumer theory, “if consumers do not buy less of a commodity when their

lyudmila [28]

George Stigler is a known American economist and according to his theory the Consumer theory, he quoted that “if consumers do not buy less of a commodity when their incomes rise, they will surely buy less when the price of the commodity rises.” This means that when consumers do not purchase a certain product even if their incomes increases, that is considered normal, but when the product increases in value, we can expect that these consumers will buy less of the product.

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3 years ago

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