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kati45 [8]
2 years ago
9

The law of demand states that, other things equal, when the price of a good rises, the quantity demanded of the good rises, and

when the price falls, the quantity demanded falls.
Business
1 answer:
oksano4ka [1.4K]2 years ago
5 0

The given statement about the law of demand is false and the appropriate law is explained below.

<h3>What is Law of Demand?</h3>

This refers to the economic principle which states that when there is an increase in demand for a product, then the price of the good will decrease.

With this in mind, we can see that the law of demand works with  the supply of goods as if for example there is an increase in price for a particular bar of soap, then the demand reduces.

Read more about law of demand here:
brainly.com/question/1078785

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Answer:

An animal that has been given human attributes. The answer is the second one.

Explanation:

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You are the project manager assigned to a project to upgrade an old bus shelter. The shelter is located along South Street trave
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Answer:

Risks of the project include

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Explanation:

The risk register includes Risk description, its impact in terms of probability and measures to mitigate such risk. There are many potential risks that are associated with the construction of the bus shelter. The risks are not acceptable as the highway disruption should be kept to minimum and any delay in the work is not tolerable. These risks are reduced by deploying extra labors so that the renovation work is completed on time.

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3 years ago
Nunavet Ocean Cruises sold an issue of 12-year ​$1,000 par bonds to build new ships. The bonds pay​ 4.85% interest, semi-annuall
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Answer:

bond market value $660

Explanation:

We need to calculate the present value of the maturity and the cuopon payment using the effective rate of 9.7%

First we do the annuity:

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

C  24.25  (1,000 face value x 4.85 bond rate / 2 )

time  24.00 (12 year 2 payment a year)

rate  0.04850 (current rate divide by 2 to get it annually)

24.25 \times \frac{1-(1+0.0485)^{-24} }{0.0485} = PV\\

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Then present value of the maturity

\frac{Maturity}{(1 + rate)^{time} } = PV  

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time   24.00

rate   0.04850

\frac{1000}{(1 + 0.0485)^{24} } = PV  

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PV coupon payment $339.5545

PV maturity  $320.8910

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rounding to nearest dollar

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3 years ago
A company borrowed $40,000 cash from the bank and signed a 6-year note at 7% annual interest. the present value of an annuity fa
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The present value (PV) of an annuity of P equal periodic payments for n years at r% is given by:

PV=Pa_{n\rceil r}

where a_{n\rceil r} is the <span>present value of an annuity factor for n years at r%.

Given that </span>a<span> company borrowed $40,000 cash from the bank and signed a 6-year note at 7% annual interest and that the present value of an annuity factor for 6 years at 7% is 4.7665.

Then

40000=4.7665P \\  \\ P= \frac{40000}{4.7665} =8,391.90

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If you have a team that is low on conscientiousness, which of the following would you recommend?
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