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4 years ago

What kind of table lists the quantity of a good that a person will buy at different prices?

1 answer:

8 0

The kind of table which lists the quantity of a good that an individual person will buy at different prices is the market demand schedule.

Answer: Option D

<u>Explanation:</u>

A market demand schedule, is therefore a table of lists that lists the quantity of a good that a consumers will buy at every different prices in a market.

A market demand schedule, thus, for a product, indicates that the relationship between the quantity demanded of the product and the price of the product which is in inverse relationship.

The similar term is the demand schedule which enlist the quantity of the goods or product which is demanded at various prices in the market.

The difference lies between the market demand schedule and demand schedule is the process of buying as the quantity demanded and the quantity of goods that will be bought.

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Because of uncertainty about future inflation, the union devotes a large quantity of resources to monitoring inflation indicator

makkiz [27]

Answer:

The answer is: Variable inflation is associated with high transaction costs

Explanation:

Inflation happens when the general prices in an economy rise, so the currency loses purchasing power.

When inflation rises too much (a little inflation, i.e. 1-2% is good) then both businesses and the general public will tend to have less money on their accounts and try to invest on assets that yield them a return. But when they need their money, they have to go through a series of financial transactions from non liquid assets (e.g. bonds, etc.) to liquid accounts (e.g. check account) or vice-versa.

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3 years ago

What happens when employer recives a osha citation?

Fynjy0 [20]

OSHA citations inform the employer and employees of the regulations and standards allegedly violated. if they receives an osha, its the responsibiity of the employer to post the citation near the location of the violation and all employees need to be aware of the potential hazards

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4 years ago

A company can be socially responsible by having employees volunteer their time. True or False?

NikAS [45]

Answer:

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3 years ago

Hugh, Frank, and Luis are the only three buyers of gold in a small mining town. Their inverse demand functions for gold are as f

saveliy_v [14]

Answer:

Explanation:

Hugh p= 480 - 48Qh

Frank p= 80 - 8Qf

Louis p= 20 - 2Ql

1. price of an ounce of gold = $20

Hugh will demand: 20 = 480 - 48Qh; Qh = 460/48 = 9.58 ounce

Frank will demand: 20 = 80 - 8Qf; Qf = 60/8 =7.5 ounce

Louis will demand: 20 = 20 - 2Ql; Ql = 0 ounce

Total demand = 9.58+7.5+0=17.08 ounce

2. quantity demanded of gold in this market is 16.50

Hugh Demand function: p=480-48Q , Q=10-p/48

Frank Demand function: p=80-8Q , Q= 10-P/8

Lius Demand function: p=20-2Q , Q= 10-p/2

Hugh will demand 0 quantity at , p=480-48*0 = $480

Frank will demand 0 quantity at , P=80-8*0 = $80

Lius will demand 0 quantity at , p=20-2*0 = $20

So when Price is between 80 to 480 only Hugh will participate in market. The demand function will be Q= 10-P/48

When Price is between 20 to 80 only Hugh and Frank will participate in market. The demand function will be Q=10-p/48 + 10-P/8 = 20-7p/48

When Price is between 0 to 20 all three will participate in market. Hence demand function will be Q=20 - 7p/48 + 10 - p/2 = 30 - 31p/48

When Demand is 16.5 ounce and if Price is between 80 to 480, then 16.5=10-P/48

P/48=-6.5

This is not possible

When Demand is 16.5 ounce and if Price is between 20 to 80, then

16.5=20-7p/48

7p/48 = 20-16.5

p = 48*3.5/7 = $24

Market price of an ounce of gold must be $24

6 0

4 years ago

You have decided both to open a savings account and to purchase a vehicle. You would like a savings account with the highest int

zloy xaker [14]

Hello there!

Your answer would be C). Bank B for the car loan and Bank A for the savings account.

The reason why this would be your answer is because when you are opening a savings account, you want to make sure that the interest is high. However, when you get a new car, you want to make sure that the interest is low. Bank B provides a low interest rate, while Bank A provides a high interest rate.

Why are the two the opposite? Here's the answer:

Why you should get a high interest rate for a savings account:

You should get a high interest rate for the savings account because the interest you have for the savings account is the money that the bank will give you, so it's pretty much free money that the bank is giving you for having your money saved in their bank. If you want to get more money from the bank because of your savings account, then you should find one with a high interest rate.

Why you should get a low interest rate for a car (loan):

You should get a low interest rate for a car (loan) because the bank or people that you're loaning the money from is using interest to get your money. To make it easier, the people are using interests rates to make money, or profit, off of you. This is very important, interest rates DO NOT count towards the payment of the principal (amount to pay) for the car. In order for you to not help others make profit from you, you should get a car (loan) with a low interest rate, so you would be saving money and not help anyone use you as profit, and probably use that money for the car payments or other payments.

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3 years ago