The relationship between the amount a company charges for a product and consumer's desire for the product is illustrated with the ________.

Answers

Answer 1

The relationship between the amount a company charges for a product and consumer's desire for the product is illustrated with the demand curve.

Describe the demand curve?

The relationship between the price of a good or service and the quantity demanded over a certain length of time is represented graphically by the demand curve. The price will typically be shown on the left-hand vertical axis, and the quantity needed will be shown on the right-hand horizontal axis.

The demand curve moves from left to right, illustrative of the law of demand, which asserts that, when all other conditions are equal, the quantity sought for a particular commodity will drop as its price increases.

There are certain exceptions to the general rules when it comes to the relationship between product prices and demand. One of these exceptions is the Giffen good.

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Related Questions

Which type of chart or graph shows data with distinct x and y values?
O a bar graph
O a scatter plot
O a line chart
O a pie chart

Answers

Answer:

A. a bar graph is the answer

Share the criteria of a good evaluation. Be sure to include: the elements and considerations for quality assessments, the concept of rigor including defining and commenting on the concepts of reliability and validity, a description of the four standards of evaluation that have been established by the American Evaluation Association.

Answers

Evaluation can be defined as the systematic process of collecting and analyzing data to make informed decisions. It is an important tool for assessing the effectiveness of programs, policies, and projects.

To ensure the quality of an evaluation, several elements and considerations should be taken into account:

1. Relevance: The evaluation should be directly related to the program, policy, or project being assessed and address the key questions that need to be answered.

2. Clarity: The purpose, objectives, and methods of data collection and analysis should be clearly defined in the evaluation.

3. Feasibility: The evaluation should be feasible in terms of the available resources and time required to complete it.

4. Credibility: The evaluation should be credible, supported by reliable evidence, and conducted by qualified evaluators.

Rigor is another important concept in evaluation, which encompasses the following components:

1. Validity: The evaluation should measure what it intends to measure, ensuring accuracy and appropriateness.

2. Reliability: The evaluation should produce consistent results over time and when conducted by different evaluators.

3. Objectivity: The evaluation should be unbiased and free from personal subjectivity or preferences.

4. Generalizability: The findings of the evaluation should be applicable to other settings or contexts.

The American Evaluation Association has established four standards of evaluation that evaluations should meet:

1. Utility: The evaluation should be useful and provide valuable insights to the intended users.

2. Feasibility: The evaluation should be feasible within the available resources and time constraints.

3. Propriety: The evaluation should be conducted ethically and in compliance with legal standards.

4. Accuracy: The evaluation should be accurate, based on sound evidence, reliable methods, and qualified evaluators.

Adhering to these standards helps ensure that evaluations are relevant, rigorous, and provide valuable information for decision-making.

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Which best describes inserting a table using the Table Gallery?

The user can click on Insert Table.
There are many options on how to include a table.
The user can make a quick selection of the number of rows and columns present.
The user can click to use an Excel spreadsheet.

Answers

Answer:

2

Explanation:

how long does it take for tax refund to show in bank account after approved

Answers

Answer:

Assuming no issues, IRS issues tax refunds in less than 21 calendar days after IRS receives the tax return. IRS has an on-line tool, "Where's My Tax Refund", at www.irs.gov that will provide the status of a tax refund using the taxpayer's SSN, filing status, and refund amount.

Explanation:

labor standards are defined as the: group of answer choices amount of time required to perform a job or part of a job. standard set of procedures to perform the job. standard labor agreements. amount of space required by a specific crew to perform the job. preset activities required to perform a job.

Answers

Labor standards are defined as the: E) amount of time required to perform a job or part of a job.

labor is the quantity of physical, intellectual, and social effort used to provide items and services in an financial system.paintings is an supposed interest that is accomplished thru the will. A exertions can be supposed but most effective to the extent of doing the foundation, or of not doing things that might absolutely prevent the hard work.

there is no difference in meaning between exertions and labour. labor is the desired spelling in American English, and labour is preferred all through the rest of the English-speaking international. One exception: In Australia, the yankee spelling is used in connection with the Australian labor celebration.

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A governmental unit establishes a central motor pool مجمع مركزي للسيارات to provide service to governmental departments and agencies. The pricing objective of the central motor pool is to break-even by charging all agencies a user fee. What type of fund should be established for this activity?→→ Enterprise Fund True O False O

Answers

The governmental unit should establish an Internal Service Fund (ISF) for the central motor pool activity. Option C is correct.

What is an Internal Service Fund?

An Internal Service Fund (ISF) is a government accounting term that refers to a self-balancing set of accounts that report both the costs of goods or services provided to other funds, departments, or agencies within the government and the revenues received for the services or goods.

This type of fund is used by a government entity to account for services and goods supplied to other units within the same entity.

How do Internal Service Funds operate?

An ISF is a self-supporting, self-funded operation that is financially self-sustaining. It achieves this through a user fee mechanism, where it charges the other departments or agencies in the government for its services, with the fees sufficient to cover the costs of providing the services and generate a surplus, which is kept in the ISF account to reinvest in the operation and fund any necessary equipment or facilities upgrades.

Option C is correct.

The complete question:

A governmental unit establishes a central motor pool to provide service to governmental departments and agencies. The pricing objective of the central motor pool is to break-even by charging all agencies a user fee. What type of fund should be established for this activity?

A. Permanent FundB. Agency FundC. Internal Service-FundD. Special Revenue Fund

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A middle school took all of its 6th grade students on a field trip to see a ballet at a theater that has 2500 seats. The students filled 2275 of the seats in the theater. What percentage of the seats in the theater were filled by the 6th graders on the trip?

Answers

Answer:

91 %  of the seats in the theater were filled by the 6th graders on the trip.

Explanation:

Total number of seats = 2500

Number of seats occupied = 2275

Percentage of seats filled = 2275/2500 * 100

                                             = 91%

91 %  of the seats in the theater were filled by the 6th graders on the trip.

The percentage is taken out by dividing the number of seats occupied with the total number of seats available and multiplying it with 100.

The answer should be 91%

How much should someone’s loan payment be if their total income is $100?

Answers

Someone’s loan payment  if their total income is $100 should be 30 times their monthly income.

The loan payments means the amounts required to be paid by the borrower in repayment of the loan pursuant to the provisions of the loan agreement, the note and the bond mortgage.

In most cases, lenders consider approximately 50-75% of the net income as instalments. In case your expenses exceed the percentage, banks either increase the tenure of the loan or reduce the amount sanctioned.

Additionally, to minimise the risk of default, lenders keep the EMIs of the loan to about 45-60% of your monthly income.

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Which condition is a result of open competition in a free market system?
A. Poor customer service
B. Government regulation
C. Higher prices
D. Higher quality goods

Answers

A result of open competition in a free market system is higher quality goods (option D).

What is the result of open competition?

Competition is when there are many producers operating in a particular industry. Competition is high in purely competitive markets and low in a monopoly. This is because in a pure competition, there are many producers while there is only one producer in a monopoly.

Due to the high level of competition in an industry, prices would be more likely to be low. This is because producers would want to attract more consumers by fairly pricing their goods. Also, producers would want to offer good customer service in order to retain consumers as there are many competing producers in the market. High quality goods are also a way to attract an retain customers.

A free market system is a market system where prices are set by the forces of demand and supply. There is no government regulation in this type of market.

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which of the following best describes the deductions independent contractors may claim for valid business expenses?multiple choicefor agi deductionsfrom agi deductionsfrom agi deductions limited to income from the business activitiesfor agi deductions limited to income from the business activities

Answers

For AGI deductions best describes deductions independent contractors may claim for the valid business expenses.

What is AGI?

Federal income taxes are computed using a person's adjusted gross income (AGI), which is calculated as their total taxable income less specific deductions. Taxable income is calculated by deducting personal exemptions and itemized deductions from AGI. For the majority of individual tax purposes, AGI is more significant than gross income. The cost of the sold asset is subtracted from the sales price of the goods or other item to determine gross income. It also covers dividends, interest, business income, rental income, and all other types of income in addition to salary. Adjusted gross income is defined as gross income less business or rental activity deductions and 21 additional specific items. Some deductions are limited based on a portion of AGI.

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Which of the following would be included under Scheduled Farm Personal Property? A. Livestock B. Fence C. Trees D. Chutes

Answers

The correct answer is option (a) which is the Livestock would be included under Scheduled Farm Personal Property.

Scheduled Farm Personal Property is a type of insurance policy that covers damages to your property and assets. Livestock would be included under Scheduled Farm Personal Property.

What is Scheduled Farm Personal Property?

Scheduled Farm Personal Property (SFPP) insurance is an insurance policy that covers your property and assets in the event of a loss. It includes property that is scheduled, listed, and covered on the policy, such as livestock.

Scheduled Farm Personal Property policies cover a variety of things, but they mainly provide coverage for equipment, machinery, and livestock.

Below are the types of things that would be included under Scheduled Farm Personal Property:

EquipmentToolsTractorsFarm machineryHarvestersLivestock and farm animalsGrainStorage bins

What is NOT included under Scheduled Farm Personal Property?

Real estate, farm structures, and other real property are typically not included in a Scheduled Farm Personal Property policy.

The policy's coverage applies only to personal property or movable property used for farming activities, not to the immovable assets used in farming.

Therefore, the correct option is (a).

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An electronics store sells specialty headphones for $100. They usually sell 5
pairs per day and purchase 150 pairs from their suppliers per month.
According to the law of supply, which outcome would be most likely if the
store could sell the headphones for $120 without losing customers?
A. The store would purchase 175 pairs per month,
B. The store would sell 3 pairs per day.
C. The store would sell 7 pairs per day,
D. The store would purchase 100 pairs per month.

Answers

D. The store would purchase 100 pairs per month

As the electronics store sells specialty headphones for $100. They usually sell 5 pairs per day and purchase 150 pairs from their suppliers per month. According to the law of supply, if the store could sell the headphones for $120 without losing customers then it would have to sell 7 pairs per day.

What is Law of supply?

Law of supply is a fundamental principal of Economic theories. It states that keeping all the other factors at constant, an increase in the the price of the product results in the increased supply of that product.

What is the Formula of Law of Supply?

Qs = x + yP

Where:

n  Qs = the quantity supplied

n  X = quantity

n  P = price

n  Y = variable

Hence option C is the correct answer.

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An electronics store sells specialty headphones for $100. They usually sell 5pairs per day and purchase

Assume that in the year 2019, 781,800 people attended the Christmas Eve celebration at Walt Disney World. In 2020, attendance for the Christmas Eve celebration is expected to increase by 36%. What is the total number of people expected at Walt Disney World for this event?

Answers

The total number of people expected at Walt Disney World for the Christmas Eve celebration in 2020 is 1,061,208 people (rounded to the nearest whole number).

To calculate the expected attendance at Walt Disney World for the Christmas Eve celebration in 2020, we need to first find the increase in percentage from 2019 to 2020:

Increase in percentage = (new value - old value) / old value * 100%

Here, the old value is the attendance in 2019 which is 781,800 people. The new value is the expected attendance in 2020, which we need to find.

So, the increase in percentage would be:

36% = (new value - 781,800) / 781,800 * 100%

Simplifying the above equation by dividing both sides by 100%, we get:

0.36 = (new value - 781,800) / 781,800

Multiplying both sides by 781,800, we get:

0.36 x 781,800 = new value - 781,800

Simplifying the above equation, we get:

new value = 1.36 x 781,800

new value = 1,061,208

Therefore, the total number of people expected at Walt Disney World for the Christmas Eve celebration in 2020 is 1,061,208 people (rounded to the nearest whole number).

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If the Australian dollar devalues against the Japanese yen by 10%, the yen will appreciate by:_____.

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If the Australian dollar devalues against the Japanese yen by 10%, the yen will appreciate by 10%.

When we say that the Australian dollar devalues against the Japanese yen, it means that the Australian dollar becomes weaker in relation to the yen. In this scenario, if the Australian dollar devalues by 10%, it implies that it now requires more Australian dollars to purchase the same amount of Japanese yen as before. Consequently, the Japanese yen appreciates by 10% because it becomes relatively stronger compared to the Australian dollar.

Currency valuation is often influenced by factors such as economic indicators, interest rates, inflation rates, political stability, and market sentiment. When a currency devalues or weakens, it typically leads to an appreciation of the counter currency in a currency pair. In this case, as the Australian dollar devalues against the Japanese yen, the yen appreciates proportionally.

It's important to note that currency exchange rates are subject to fluctuation and are influenced by a wide range of factors. Changes in exchange rates can have significant implications for international trade, investment, and financial markets. Understanding and monitoring currency movements is essential for individuals and businesses engaged in cross-border transactions or currency trading.

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Tips to study commerce

Answers

Answer:

just study commerce and ur good

Before starting an enrollment, what benefit information are agents required to provide to the consumer?.

Answers

Before starting an enrollment,  benefit information the benefit information are agents required to provide to the consumer are:

suitable information about  consumer's needsgoals and financial resources

Why is it necessary for the agent to provide information to the consumer?

It is  necessary for the agent to provide information to the consumer so as to be able to make the best decision during the enrolment.

It should be noted that the agent serves as guidance for the consumers to put them on the right path.

In conclusion, Before starting an enrollment,  benefit information the benefit information are agents required to provide to the consumer ais suitable information about  consumer's needs.

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answer the question under the picture​

answer the question under the picture

Answers

Answer:

Explanation:

The non-voters, when looked at as a group, outweigh the voters. That means that a minority of people decide the policies for the majority -- and for themselves. The non-voters don't have that luxury. They must live with what they had no part in deciding.

Joe Chin bought a house for $180,000. He made a 20% down payment. Joe secured a loan for the balance of the purchase price at 6.5% interest for 30 years. What will be the monthly payments on the loan? (do not use commas or dollar signs in your answer)

Answers

Answer:

$910.18

Explanation:

For computing the monthly payment we need to apply the PMT formula which is to be shown in the attachment

Given that,  

Present value = $180,000 × (1 - 0.20) = $144,000

NPER = 30 years × 12 months = 360 months

RATE = 6.5% ÷ 12 months = 0.541666%

PMT = 1,000 × 4% ÷ 2 = $20

Future value = $0

The formula is shown below:  

= NPER(RATE;NPER;-PV;FV;type)

The present value comes in negative

After applying the above formula, the monthly payment is $910.18

Joe Chin bought a house for $180,000. He made a 20% down payment. Joe secured a loan for the balance

Which of the following statements about mechanistic organizations istrue?

a. Mechanistic organizations result in lower efficiency, quality, and timeliness.
b. Mechanistic organizations are more responsive to customer feedback.
c. Mechanistic organizations are a bad choice for industries where mistakes and errors can be catastrophic.
d. Mechanistic organizations generally are expected to produce reliability and consistency in internal processes.
e. Mechanistic organizations generally have open structures.

Answers

A mechanistic organization is one that has divides between departments, centralized authority, and specialized tasks that operate independently of one another.

In mechanistic organization producers of organic food rely as much as they can on organic ingredients and farming techniques that are physical, mechanical, or biological in nature. Produce can be labeled organic if it was grown on soil that wasn't treated with prohibited substances for three years previous to harvest, according to certification. Artificial fertilizers, pesticides, or herbicides are not used in the production of organic foods. Animals that are fed organic feed and aren't given hormones or antibiotics produce organic meat, eggs, and dairy products. The components and additives in natural foods are not manufactured or artificial. Decentralization or decentralisation is the process through which an organization's operations are disseminated or delegated away from a central, authoritative location or group, particularly those relating planning and decision-making. Last year, we opened a number of regional offices and dispersed our operations. We can now easily decentralize thanks to modern technology.

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Describe how an hr scorecard can be used by organizations implementing a high-performance work system.

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The strategic HR measuring system known as the HR scorecard aids in monitoring, managing, and enhancing the strategic function of the HR department.

The HR scorecard is designed to track the most important HR performance indicators. Leading indicators are metrics that forecast future commercial expansion.

The practice of recruiting, hiring, assigning, and managing personnel is known as human resource management (HRM). Frequently, HRM is referred to as just "human resources" (HR).

A company's department in charge of anything employee-related is called human resources (HR). It also include finding, screening, choosing, onboarding, training, promoting, compensating, and terminating workers and independent contractors.

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Which of the following choices incur speculative risk?

a.stocks

b.fire insurance on a house

c.options

d.life insurance


e.high interest savings account

Answers

Answer: correct option is A.

Explanation: A speculative risk can be defined as risk that is taken willingly either it results in profit or loss and the stocks involve in probability of gain and loss making it a speculative risk.

Stocks incur speculative risk. Therefore option A is correct.

What are Stocks?

A stock usually referred to as equity, is a type of investment that denotes ownership in a portion of the issuing company. Shares, also known as units of stock, entitle their owners to a share of the company's assets and income in proportion to the number of shares they possess.

Common stock and preferred stock are the two primary categories of stocks.

Owners of common stock are entitled to dividends and the right to vote at shareholder meetings.

Common stockholders often do not have voting rights, while preferred stockholders typically get dividend payments ahead of time and are given preference over common investors in the event of a firm bankruptcy and asset liquidation.

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Which type of advertising does a business use to enhance its image in the market and society?

Through (BLANK) advertising, businesses try to enhance their reputation in the market as well as society.

Answers

Answer:

Public relations

Explanation:

Public relations are the efforts of a company to create good relations between itself and society. It uses the media to relay positive messages about the company to society. Public relations is about creating a goods reputation for the company in the eyes of the community.

In public relations, a company engages in activities that promotes its image in society. It may sponsor sports events,  engage in charity work, or partner with the community in other social activities. When such activities are highlighted in the media, they create a good reputation for the company.

Answer:

Public relations

Explanation:

culver corporation issued 2850 shares of stock. the stock has a par of $5.00 per share and was issued for a total of $51,000.

Answers

Culver Corporation issued 2850 shares of stock with a par value of $5.00 per share. The total value of the shares issued was $51,000

The par value of a stock is the nominal or face value stated on the stock certificate. In this case, the par value of each share is $5.00. To find the total value of the shares issued, we multiply the number of shares (2850) by the par value ($5.00): 2850 shares * $5.00/share = $14,250.

However, the shares were issued for a total of $51,000, which means the company received additional capital above the par value. This additional amount is called "additional paid-in capital" or "capital surplus," and it represents the difference between the total issuance price and the total par value.

Additional paid-in capital = Total issuance price - Total par value

Additional paid-in capital = $51,000 - $14,250 = $36,750

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the major fossil fuels differ in the amount of carbon dioxide they emit into the atmosphere when burned. from worst to least, these are:________

Answers

Answer:

coal, oil, and natural gas

Explanation:

Please help me, I'm in a test. Which of the following is an example of an activity in the follow-up stage of personal selling?
A. Helping a prospect arrive at a purchase decision
B. Making it easy to reorder supplies
C. Treating a prospect's concerns as a natural part of the decision process
D. Trying to meet a prospect's conditions

Answers

Answer:

B Making it easy to reorder supplies

Explanation:

An example of the activity in the follow-up stage of personal selling is through making it easy to reorder the supplies. Thus option B is correct.

Waht is perosnal selling ?

Personal selling is called as the face to face selling and includes the one person who is the salesman and tries to convince the customer to buy the product through his skills and abilities.

The aim of personal selling is to make a profit and to initiate a sale and there generate revenue.

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sbj’s adam stern identifies several people as key players in nascar’s future. which individual is mentioned as the person to watch among track owners?

Answers

The license plate number of a certain person is a simple illustration of information that may be used to tangentially identify that person. A name and a license plate number can be instantly matched by the police (a third party).

A license plate or number plate is a metal or plastic plate that is used to officially identify an automobile, truck, trailer, or other moving object. Road vehicles, including cars, trucks, and motorcycles, must have license plates in all countries.  The registration identifier—a numeric or alphanumeric ID—uniquely identifies the car or its owner in the region's vehicle registry. The identifier is exclusive to a specific state or province in some countries, but not to the entire country in others. The identifier may be connected to either a person or a vehicle, depending on the issuing agency.

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In pure competition, producers compete exclusively on the basis of
a. selling identical items.
b. advertising heavily to promote their good.
c. producing the unique features of their good.
d. focusing on maintaining a positive image.

Answers

Answer:

a. selling identical items.

Explanation:

A pure competition market is characterized by many firms selling a homogeneous product in a market with many buyers. There are no dominant suppliers; hence no single or group of sellers can influence the price.  Pure competition is also the perfect competition.

The key characteristics of pure competition are

There are many buyers and sellersAll firms sell an identical productAll sellers are price takers. None can influence pricesThere is intense competition due to the high number of sellersEase of entry and exit from the market.

A. selling identical items.

Which of the following statements is TRUE?

A. Your portfolio should have a higher allocation toward bonds
and cash equivalents right before you retire.

B. You should try to maximize your investment earnings right
before you retire.

C. Both A and B

D. Neither A nor B

Answers

a) Your portfolio should have a higher allocation toward bonds and cash equivalents right before you retire

A fish Connor survive without water and a profession cannot exist without education. Explain​

Answers

Explanation:

This is trying to tell us about the importance of "basics" in every aspect of life.

The main basics or ingredient for the survival of a fish is water.

That is it's home,it's habitat,it's cradle of life and so juxtaposing it with a profession,we find out that the basics of any and every profession is Education.

Education on that particular profession.The knowledge of a profession is gotten only through the basics, which is Education,while expertise on that profession is gotten through Education and experience garnered overtime.

3. ______ are defined as goods or services that are required for health and safety.

Answers

Occupational Health and Safety are defined as goods or services that are required for health and safety. Information standards are guidelines governing the information that must be provided to consumers when they purchase specific goods.

What is the safety of goods?

A safe product is one that delivers either no risk or a minimum tolerable level of risk, taking into account the product's typical or reasonably foreseeable use and the need to maintain a high level of consumer protection.

Occupational health and safety is a multidisciplinary discipline that deals with all elements of workplace health and safety, with a heavy emphasis on preventing workplace dangers.

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