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grigory [225]
3 years ago
15

The law of demand states that as price increases, quantity demanded decreases. However, the amount that quantity demanded change

s in response to a change in price varies from good to good. What are some factors that determine how much quantity demanded will change when price changes?
Business
2 answers:
viva [34]3 years ago
8 0

Answer:

IT WILL increase

Explanation:

as they get more quantity it will increase in price

these factors are because suppliers have an increased interest in producing goods to generate higher amounts of revenue.

This is a basic principle of the law of supply and demand.

Mrrafil [7]3 years ago
6 0

Answer:

The law of demand states that quantity purchased varies inversely with price. In other words, the higher the price, the lower the quantity demanded. This occurs because of diminishing marginal utility

Explanation:

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HEEELP!!!!
Zepler [3.9K]

use a calculator sorry

5 0
3 years ago
Ralph Lauren: Accounts receivable turnover and number of days' sales in receivables Ralph Lauren Corporation designs, markets, a
SVETLANKA909090 [29]

<em>MISSING INFORMATION:</em>

   concept                     //    Year 2     //     Year 1

Sales                                     7,620             7,450

Account Receivables             655                588

Answer:

Yes, there is. The days to collect increase by 4.16 to 29.77 from 26.61

Which is a bad sing as the company delays more to collect form their customers

Explanation:

Account Receivable turnover:

Average receivable:

(458 + 588 ) / 2  =  523

7,450 / 523 =   14.25

Days to collect: 365 / 14.25 = 25,61

Second Year:

Average receivable: (655 + 588) / 2 = 621.5

Turnover: 7,620 / 621.5 =  12.26

Days to collect: 365 / 12.26 = 29,77

29.77 - 25.61 = 4.16

6 0
3 years ago
Which type of account will typically have the highest interest rate?
Setler [38]
Savings account is the answer
7 0
3 years ago
Read 2 more answers
MC Qu. 107 The following information is available... The following information is available for a company's utility cost for ope
lianna [129]

Answer:

Variable cost Per Unit $2.50

Explanation:

Total cost at high activity = $8100

Total Cost at Low activity = $3600

Total Units at high activity = 2400

Total Units at low Activity = 600

Variable Cost Per Unit =  (High activity total Cost - Low activity total cost ) / (High Activity unit - low activity units)

Variable cost per unit = ($8100 - $3600) / (2400 - 600) = $4500 / 1800 = $2.50

7 0
3 years ago
hich of the following is NOT one of the six questions that comprise the task of evaluating a company's resources and competitive
Vadim26 [7]

Answer:

The correct answer is "What are the company's most profitable geographic market segments?"

Explanation:

In order to research on the companys' resource and competitive position, a researcher does not need to ask questions related to the geographic market segments.

Geographic market segments refer to the geographical spread of the market of a company.

I hope the answer is helpful.

Thanks for asking.

4 0
3 years ago
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