Demand is elastic over a particular price-change range if the changes in price causes total revenue to change in the opposite direction.
Option C is correct.
Elastic Demand:When the percentage change in quantity demanded exceeds the percentage change in price, demand is said to be elastic. That is assuming the interest is flexible over a specific cost range, a proportionate expansion in cost causes a more proportionate fall in amount requested, making the all out income fall ( Complete revenue=Price×Quantity requested).
In a similar vein, a proportionate decrease in price results in a proportionate increase in the quantity demanded, thereby increasing total revenue.
If the change in price is proportional to the change in quantity demanded, then demand is said to be unitary. For this situation the adjustment of cost causes no adjustment of absolute income.
If the change in quantity demanded is less than the change in price, demand is said to be inelastic. In this instance, total revenue shifts in the same manner as price does.
Question is incomplete. Missing option are:
Demand is elastic over a particular price-change range if
A: the change in price causes no change in total revenue
B : the change in price causes total revenue to change in the same direction
C : the change in price causes total revenue to change in the opposite direction.
D :demand is never inelastic over any price-change range.
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You will need to revise your budget to account for a car payment.
Which expense category would be the most difficult to change or reduce?
Answer:
rent
Explanation:
Answer:
Option B: Rent
Explanation:
I just took the test on edgenuty
when drafting a business message that includes instructions, when is it important to have other people read your directions to make sure they are clear enough?
When drafting a business message that includes instructions, it is important to have other people read your directions to ensure they are clear enough before sending or publishing the message.
Having others review your instructions can provide valuable insights and perspectives. It helps identify any ambiguities, confusing language, or potential gaps in the instructions. Different individuals may interpret the directions differently, so involving others can help identify potential areas of confusion and allow for necessary clarifications. By seeking input from others, you can make sure that the instructions are easy to understand, accurate, and effectively convey the intended message.
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Using the marine corps planning process (mcpp) to produce an operations order (opord) is an example of which level of risk management?
Answer:
Deliberate level of risk management
Explanation:
Risk management can be defined as a process whereby situations or circumstances that can pose or cause risks to a firm or management operations is properly identified.
Risk management also involves taking appropriate measures to prevent such risks from occurring or taking place.
Risk management also involves controlling or mitigating against any for of risks that may occur in the future.
Risk management includes the following steps:
a) Identify the risks
b) Assess the risks
c) Make decisions
d) Place appropriate controls in place
e) Carry out adequate supervision.
Operational Risk Management has 3 levels and they are:
1) Deliberate Risk Management.
2) Time Critical Risk Management.
3) Strategic Risk Management.
In the question above, using the marine corps planning process (mcpp) to produce an operations order (opord) is an example of Deliberate level of risk management.
Deliberate level of risk management can be defined as the risk management level that is carried out or well executed amongst a group of personnels.
It is the level of risk management that is carried out when we are trying to execute or carry out a particular project.
The future value of $50 deposited each year for 6 years earning 7 percent would be approximately: Use Exhibit 1-8. (Round time value factors to 3 decimal places and final answer to the nearest dollar amount.)
Multiple Choice A. $50 B. $300 C. $358 D. $371 E. $428
The future value of $50 deposited each year for 6 years earning 7 percent would be approximately $300 (option B).
The future value of money refers to the amount that an investment or savings will grow to over time, taking into account the interest or return it earns.
In this case, if $50 is deposited each year for 6 years with an interest rate of 7 percent, the future value represents the total amount that will accumulate.
Here's the formula: Future value \(= A \times \text{FVIFA}(i, n) \]\)
Where:
A is the amount deposited
i is the interest rate
n is the number of years of depositing
FVIFA is the future value interest factor of annuity
So, the future value of $50 deposited each year for 6 years earning 7 percent would be:
1. Start with the formula: \(\(FV = \$50 \times \left( \frac{{(1 + 0.07)^6 - 1}}{{0.07}} \right)\)\)
2. Simplify the expression within the parentheses: \(\((1 + 0.07)^6 - 1 = 1.407100 - 1 = 0.407100\)\)
3. Divide the result by 0.07: \(\(\frac{{0.407100}}{{0.07}} = 5.815714\)\)
4. Multiply the result by $50: 5.815714 \(\times\) $50 = $290.7857
5. Round the result to the nearest dollar: $290.79 (approx.)
6. Therefore, the future value FV of $50 deposited each year for 6 years earning 7 percent is approximately $290.79.
By using time value factors and calculating the compound interest, the approximate future value is determined to be $300. This means that the initial investment of $50 per year will grow to $300 over the 6-year period.
Therefore, the correct answer is B. $300. The future value of $50 deposited each year for 6 years earning 7 percent would be approximately $300.
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An agreement to pay a lesser amount to settle an unliquidated debt is:
a. enforceable in only certain states.
b. unenforceable, as there is no consideration.
c. unenforceable as a violation of common law.
d. enforceable, as there is consideration.
An agreement to pay a lesser amount to settle an unliquidated debt is enforceable, as there is consideration.
Consideration is a legal term that refers to something of value given in exchange for a promise or performance. In the case of settling an unliquidated debt, the agreement to pay a lesser amount is the consideration provided by the debtor in exchange for the creditor's agreement to accept less than the full amount owed. This agreement is enforceable, as long as it is made in good faith and there is no fraud or duress involved. Therefore, option d. is the correct answer.
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please please pleaseee help!!
What is at least one (1) "good thing (an improvement to life as we know it) that has resulted from access to Electronic
Communication and/or the Internet?What is at least one (1) "bad" thing that has resulted from access to Electronic Communication and/or the Internet?
What is at least one (1) truly "ugly thing that can result from access to Electronic Communication and/or the Internet?
In conclusion, since both Electronic Communication and the Internet are here to stay, what can be done to use the
good, but avoid the bad and the ugly?
One good thing that has resulted from access to electronic communication and the internet is the ease and speed of communication.
What is the negative aspect?One bad thing that has resulted from access to electronic communication and the internet is the spread of misinformation and fake news. The ease with which information can be shared has led to the proliferation of false information, which can have negative consequences on individuals and society as a whole.
One truly ugly thing that can result from access to electronic communication and the internet is cyberbullying. The anonymity and distance provided by electronic communication can embolden individuals to engage in cruel and harmful behavior towards others, leading to mental health issues and even sui--cide in some cases.
To use the good but avoid the bad and the ugly, it is important to promote digital literacy and critical thinking skills.
Individuals should be taught to verify information and sources, practice empathy and kindness online, and understand the potential consequences of their actions. Platforms should also take responsibility for moderating harmful content and promoting positive online behavior.
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Members of the scrum team do not consider the sprint retrospective necessary. What should a scrum master do?.
The correct response, according the Scrum certification exam, is that the Scrum Master would collaborate with the team to increase productivity.
What should a scrum master do?A skilled person who uses Agile project management to lead a team through a project is known as a Scrum Master. A Scrum Master promotes team member and leadership participation and communication in order to ensure a successful outcome.
The scrum master helps the team streamline and improve the ways in which they carry out their goals. Ideally, they take on the role of a team member or collaborator as opposed to a leader. The best scrum teams don't react well to top-down management since they are self-organizing. The Scrum Master's responsibility is to lead the team through to the Scrum procedure. They streamline the procedure, assisting the team in mastering the framework and getting better between each sprint.
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does 1 plus 1 = 65 yes or no
Answer:
No 1 + 1 = 2
Explanation:
Lol
How does an investor make money?.
Appreciation and income are the two ways that investors profit. When the value of an asset rises, appreciation takes place. Income is the consistent flow of cash from the sale of an asset.
Who is an investor?Long-term returns on stocks typically range from 7 to 10%. They could perform much better or much worse than that in any given year. The market almost always produces money when looked at over longer periods (10 to 15 years or more).
The majority of investors pay cash for houses, eliminating the risk associated with a buyer asking for a mortgage. Even if a buyer has received loan preapproval, the lender may decide that the buyer's creditworthiness has changed and decline to provide the funds required to purchase your house.
Most people agree that Warren Buffett has been the most successful investor in history.
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although we cannot eliminate the encounter with death that accompanies disaster, steps can be taken to reduce its impact, preserve life and demonstrate
We cannot eliminate the encounter with death that accompanies disaster, spthese steps an be taken to reduce its impact, preserve life and demonstrate:
1. Preparedness: Planning and preparing for disasters can help reduce the impact of death and destruction. This includes having emergency plans in place, stocking up on necessary supplies, and conducting emergency drills to ensure that everyone knows what to do in the event of a disaster.
2. Early warning systems: Early warning systems can provide advance notice of impending disasters, allowing people to evacuate or take other necessary precautions to minimize the risk of death and injury.
3. Rescue and evacuation: Swift and organized rescue efforts can save lives and reduce the impact of disasters. This may involve search and rescue teams, medical personnel, and emergency responders working together to evacuate people from affected areas and provide them with medical attention.
4. Relief and recovery efforts: Providing relief and recovery efforts such as food, water, shelter, and medical aid can help alleviate suffering and prevent further loss of life.
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Why do organizations need managers?
What commonalities do you see between organizations and
social movements?
Organizations need managers for several reasons. Managers play a crucial role in planning, organizing, leading, and controlling the activities within an organization.
While organizations and social movements have different purposes and contexts, they share commonalities such as having a common purpose, mobilizing people, requiring structure and coordination, and relying on effective communication and influence.
Managers provide guidance, make decisions, allocate resources, monitor progress, and ensure effective communication throughout the organization.
1. Planning: Managers are involved in setting goals, developing strategies, and creating plans to achieve those goals. They analyze the organization's current situation, identify opportunities and challenges, and chart a course of action. Through planning, managers provide direction to the organization and ensure that everyone is working towards a common purpose.
2. Organizing: Managers organize the resources of the organization, including human resources, financial resources, and physical assets. They structure tasks, define roles and responsibilities, and establish reporting relationships. By organizing effectively, managers ensure that the right people are in the right positions, resources are utilized efficiently, and work processes are streamlined.
3. Leading: Managers provide leadership by inspiring, motivating, and guiding employees. They set expectations, communicate the organization's vision and values, and create a positive work environment. Effective managers support and develop their employees, encourage collaboration, and promote a culture of innovation and continuous improvement.
4. Controlling: Managers monitor and evaluate the performance of the organization, departments, and individuals. They compare actual results against planned objectives, identify deviations, and take corrective actions when necessary. Controlling helps managers ensure that the organization stays on track, performance standards are met, and resources are used effectively.
Commonalities between organizations and social movements:
1. Common Purpose: Both organizations and social movements have a common purpose or goal they seek to achieve. Whether it is a profit-driven objective for organizations or a social, political, or environmental change for social movements, there is a unifying cause that brings individuals together.
2. Mobilization of People: Both organizations and social movements rely on mobilizing people to achieve their objectives. Organizations bring together employees, stakeholders, and customers to work towards the organization's goals. Similarly, social movements bring together individuals who share a common concern or vision to advocate for change.
3. Structure and Coordination: Both organizations and social movements require some level of structure and coordination to be effective. Organizations have hierarchical structures, defined roles, and formal communication channels to ensure smooth functioning. Social movements often have leaders or organizers who coordinate activities, disseminate information, and mobilize supporters.
4. Communication and Influence: Communication is vital in both organizations and social movements. Effective communication helps align individuals, disseminate information, and build a shared understanding. In both contexts, leaders and managers play a crucial role in influencing and persuading others to support their cause or objectives.
Managers are essential in organizations as they provide the necessary guidance, coordination, and leadership to achieve the organization's goals.
While organizations and social movements have different purposes and contexts, they share commonalities such as having a common purpose, mobilizing people, requiring structure and coordination, and relying on effective communication and influence.
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Where, on Earth, would all pf the stars be above the horizon at some time during the course of the day?
The only place on Earth where all of the stars would be above the horizon at some point during the day is the Geographic North Pole.
This is because, at the North Pole, the Earth's axis is tilted at a 23.5-degree angle with respect to the plane of its orbit, which causes the sky to appear as if it is rotating around a single point directly above the pole. A star is a celestial object that is made up of hot plasma, which is held together by its own gravity. The North Pole is located at latitude 90 degrees north and longitude is not defined as all lines of longitude converge at the poles.
It is situated in the middle of the Arctic Ocean, covered by ice throughout the year. Stars range in size from tiny red dwarfs that are only a few times larger than Jupiter to massive blue giants that are hundreds of times larger than the Sun. Stars are also responsible for producing the light and heat that sustains life on Earth through the process of nuclear fusion.
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TM
Find three websites that offer advice on how to manage restaurant staff well. Make sure that at least one of these sites is from an established source such as a professional organization or an expert in the field. Provide the links for the sites that you used and the article titles.
Then use your chosen sites to answer the questions:
1. What ideas or themes do the websites you chose have in common? Select two common themes and explain why they are important.
2. Other than the themes just discussed, what do you think is the best piece of advice that you read? Explain vour answer
3. Which piece of advice that you read about might be hardest to implement? What challenges could it potentially create?
4. Consider the advice from the employee's point of view. Discuss the point you read about that you think employees would appreciate most.
5. If you had to recommend one of the websites/articles as being the most useful, which would it be and why?
The "Managing Employees" article from the National Restaurant Association would be one of the most helpful if I had to choose one of the websites or articles.
Three websites provide guidance on effective staff management for restaurants:
National Restaurant Association (https://restaurant.org/)
Toast Tab (https://pos.toasttab.com/)
Up serve (https://upserve.com/)
Write the Answers of he following Questions of the chosen sites?The effective communication and training themes are common to all of the websites. It is important to communicate well because it helps to reduce misunderstandings and improve teamwork among employees.
I read that providing employees with regular feedback was one of the best pieces of advice.
The suggestion that may be hardest to carry out is to consider representatives responsible for their presentation.
The significance of creating a positive work environment is one aspect that employees would appreciate the most.
The "Managing Employees" article from the National Restaurant Association would be one of the most helpful if I had to choose one of the websites or articles.
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what businesses in the north and in england depended on the cotton grown and harvested by enslaved africans in the south?
Answer:
Textile manufacturers
Hope this helps!
Explanation:
Have a good day!
3. Kevin took out a loan for a car. He must pay $3,000.00 in interest, service
charges, and loan fees. What lending term best describes these costs?
Answer:
The finance charge
Explanation:
The finance charge is the total cost incurred when borrowing money, including interest amount and all other fees. It is the extra money paid on top of the borrowed amount. The finance charge may be a flat fee or a percentage of the principal amount.
The finance charge represents the expense incurred for using credit. The finance charge is an important consideration when choosing a preferred lender.
Lexi was on target in terms of her financial plan when her basement flooded due to an intense rainfall. Which type of financial risk derailed Lexi’s plans?
A. income risk
B. interest rate risk
C. personal risk
D. inflation risk
Answer:
C, "Personal risk"
Explanation:
Gradpoint
Why should business writers avoid using buzzwords? (Choose every correct answer. ) Multiple select question. They have become trite through overuse. They can distract or annoy readers. They make your writing less engaging. They tend to make sentence and paragraph too long
It's important for business writers avoid using buzzwords because:
They have become trite through overuse. They can distract or annoy readers. They make your writing less engaging. Who is a business writer?A business writer simply means a individual who writes for a business. The writer states the products and goals of the organization.
In this case, buzzwords have become trite through overuse and can distract or annoy readers.
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Write a question keep it simple
Answer:
Why do people break up if they love each other?
Explanation:
sorry it's not simple lol
Who are the majority of businesses in resort towns targeted to?
O
seniors
O
tourists
O
employees
investors
The majority of businesses in resort towns target tourists.
Who is the luxury hotel industry's target customer?As you can see, a wide range of people from across all walks of life who are prepared to pay a little extra for the luxury hotel experience makes up the target audience for luxury hotels.
What advantages come from forming and focusing on prospect groups?Overall, specialization is the main advantage of identifying and pursuing niche markets. Finding more wealthy guests who will gush about your hotel will be easier if you can be more precise with your market segmentation.
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Pineapple whip, a company that makes an ice cream-like treat using pineapple, sells its branding, production techniques, and proprietary flavors to other companies for a fee and a share of the profits. Pineapple whip is engaged in.
In this context, the Pineapple whip is engaged in a business arrangement called Franchising.
What is Franchising?Franchising is a business arrangement where the franchisor (one party) grants some rights and authorities to the franchisee.
In this case, the franchisee will pays a fee to the franchisor because he is using the business's success, trademarks, proprietary knowledge etc.
In conclusion, the Pineapple whip is engaged in a business arrangement called Franchising.
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1.the balance of an account is calculated as
A the total of the debit side
B the total of the credit side
C the difference between the totals of the debit and credit side
D.the sum of all entries
2.the total on the debit of an account is greater than the credit side.what does this mean?
A the account has a debit balance
B the account has a credit balance
C the account cannot be balanced
D the account has no balance
3.a credit balance occurs in a ledger account when
A the total on its debit side is greater than the credit side
B the total on its debit side is less than the total on its credit side
C the total on its debit side is equal to the total on its credit side
D the total is zero in the ledger account
Answer:
1.A
2.C
3.D
Explanation:
hope its help
What do you have to do to become a pet sitter?
Answer:
be reliable trust worthy responsible have some people that can refer you to someone put in a good word for you
Explanation:
Use this completely fictitious S-D table to answer the questions: Demand for apples Price per pound $0.50 7,500 6,500 $1 5,500 $1.50 4,500 $2 3,500 $2.50 2,500 $3 1,500 $3.50 Supply of apples 1,000 1,
The equilibrium price is $2 per pound, the equilibrium quantity is 1,900 pounds, and the total revenue at the equilibrium is $3,800.
To find the equilibrium price and quantity, we need to identify the point where the quantity demanded equals the quantity supplied. In other words, it's where the demand and supply curves intersect.
From the given S-D table, we can determine the equilibrium price and quantity as follows:
Price per pound: $2 (where quantity demanded equals quantity supplied)
Quantity: 1,900 pounds (the corresponding quantity at the equilibrium price)
To calculate the total revenue at the equilibrium, we multiply the equilibrium price by the equilibrium quantity:
Total Revenue = Price per pound * Quantity
Total Revenue = $2 * 1,900 pounds
Total Revenue = $3,800
Therefore, at the equilibrium, the price is $2 per pound, the quantity is 1,900 pounds, and the total revenue is $3,800.
The complete question must be:
Use this completely fictitious S-D table to answer the questions: Demand for apples Price per pound $0.50 7,500 6,500 $1 5,500 $1.50 4,500 $2 3,500 $2.50 2,500 $3 1,500 $3.50 Supply of apples 1,000 1,300 1,600 1,900 2,200 2,500 2,800 a) Find the equilibrium price and quantity and calculate total revenue at the equilibrium.
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Which of these scenarios would lead to an industry requiring more productive workers?
A. Supply of goods increases, and demand for goods decreases
B. Supply of good decreases, and demand for goods increases
C. Supply of goods increases, and demand for goods remains the same
D. Supply of goods decreases,and demand for goods remains the same
Answer:
B- Supply of goods decreases, and demand for goods increases.
Explanation:
I took the quiz
Answer:
Supply of goods decreases, and demand for goods increases.
Gidgits Galore has been busy during this lesson continuing its expansion plans throughout the United States. After all, everyone must have a gidgit, the "must-have" gadget! Gidgits Galore has opened up stores in ten new states, hired hundreds of new employees, built two additional factories, and started an advertising campaign that has caught the US by storm! Its expansion has been featured in news magazines across the country. But Gidgits Galore has encountered a few problems and needs some advice.
Must Gidgits Galore provide its employees with benefits?
Does Gidgits Galore have to implement a payroll tax for unemployment, workers' compensation, or Social Security?
Gidgits Galore is concerned about hiring employees from other countries whose language skills may not be proficient and is considering hiring only native English speakers. Is this a good idea?
Does the Commerce Clause have an effect on Gidgits Galore?
Can Gidgits Galore face any repercussions if it disregards Title VII?
Gidgits Galore is concerned about hiring employees from other countries whose language skills may not be proficient and is considering hiring only native English speakers. Would this represent "disparate treatment"?
Gidgits Galore wants a "young and hip" workforce. Is there a problem if it chooses not to hire anyone over the age of forty?
Gidgits Galore wants to put a section in its updated employment manual preventing employees from taking more than thirty days from work without pay, regardless of the reason. Is this a good idea?
What if Gidgits Galore wants to add a provision to its employee manual preventing employees from forming a union? Can this be done?
Answer:
1. Must Gidgits Galore provide its employees with benefits? No
2. Does Gidgits Galore have to implement a payroll tax for unemployment, workers' compensation, or Social Security? Yes
3. Gidgits Galore is concerned about hiring employees from other countries whose language skills may not be proficient and is considering hiring only native English speakers. Is this a good idea? No
4. Does the Commerce Clause have an effect on Gidgits Galore? Yes
5. Can Gidgits Galore face any repercussions if it disregards Title VII? Yes
6. Gidgits Galore is concerned about hiring employees from other countries whose language skills may not be proficient and is considering hiring only native English speakers. Would this represent "disparate treatment"? Yes
7. Gidgits Galore wants a "young and hip" workforce. Is there a problem if it chooses not to hire anyone over the age of forty? Yes
8. Gidgits Galore wants to put a section in its updated employment manual preventing employees from taking more than thirty days from work without pay, regardless of the reason. Is this a good idea? No
9. What if Gidgits Galore wants to add a provision to its employee manual preventing employees from forming a union? Can this be done? No
Explanation:
Edge 2021
Answer:
no
Explanation:
The shelf life of milk is 7 days. You have 22 gallons on hand. You normally sell 4 gallons each day. Do you expect to have to throw out any milk?
Explanation: You will throw away no gallons of milk because if you sell 4 gallons every day then 7 times 4 equals 28 so you will only work for 5 an a half days.
Answer:
B
Explanation:
Use the information provided below to calculate the Internal Rate of Return (expressed to two decimal places) using interpolation. INFORMATION A machine with a purchase price of R1 200 000 is estimated to eliminate manual operations by R400 000 per year. The machine is expected to have a useful life of four years.
To calculate the Internal Rate of Return (IRR) using interpolation, we need to determine the discount rate at which the net present value (NPV) of the machine's cash flows is zero.
In this case, the machine has a purchase price of R1,200,000 and is estimated to eliminate manual operations by R400,000 per year for a useful life of four years. To calculate the IRR, we need to find the discount rate that makes the NPV of the cash flows equal to zero. Let's set up the equation for NPV: NPV = -Initial Investment + (Cash Flow / (1 + r)^1) + (Cash Flow / (1 + r)^2) + (Cash Flow / (1 + r)^3) + (Cash Flow / (1 + r)^4) Where: Initial Investment = R1,200,000 (negative because it's an outflow) Cash Flow = R400,000 (positive because it's an inflow) r = discount rate (unknown) Now, we need to find the discount rate (r) at which the NPV equals zero. We can use interpolation to approximate the IRR. By trying different discount rates, we can find two rates at which the NPV switches signs (one negative, one positive).
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"Professional education and vocational training are the foundation
for the overall development of a nation". Justify this statement with
suitable examples.
?
Answer:
Professional education and vocational training are the foundation for the overall development of a nation because, by training people in the different careers and jobs that they will develop throughout their lives, this in turn is generating a series of people specialized in different labor fields that will benefit from one or the other it shapes society as a whole. Therefore, through this specific education in labor matters, future progress and well-being are generated for citizens.
14) What are the two parts of demand?
Answer: The two parts of demand are:
• Willingness to buy
• Ability to pay
Explanation:
Demand simply refers to the amount of the goods and services which the buyers want to purchase at a certain price for a particular period of time.
There are two parts of demand which are the willingness of a buyer to purchase a certain good and also the ability to pay by the person.
a newspaper reports that in an urban area the average price of new homes had decreased, but the number of new homes sold had increased. this situation would best be explained by a(n) . . . . .
This situation would best be explained by a decrease in demand.
What is a demand? Needed and sought after by many, tickets for their concerts are always in great demand. Our city needs good plumbers. Common synonyms for demand include demand, exactness and demand. All of these words mean to request or demand something as justified or necessary, but request implies determination and tenacity, often making requests that are seen as commands. means the right to do recognized payment of a debt. As more buyers are available in the market, aggregate demand increases.For example, if more people were able to buy yachts, the market size and demand for yachts would increase. If fewer people can afford to buy a yacht, the market and demand will decrease.To learn more about demand from the given link :
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