All categories

2 years ago

In which of the following statements are the terms "demand" and "quantity demanded" used correctly?

Business

1 answer:

Zina [86]2 years ago

8 0

Answer:

B) When the price of ice cream rose, the quantity demanded of ice cream fell and the demand for ice cream topping fell.

Explanation:

A rise in the price of a good would lead to a fall in the quantity demanded of the good.

So, a rise in the price of ice-cream would lead to fall in the quantity demanded of ice cream.

A rise in the price of ice-cream would lead to a fall in the demand for ice cream toppings.

You might be interested in

Butler Corporation is considering the purchase of new equipment costing $84,000. The projected annual after-tax net income from

torisob [31]

Answer:

The net present value of the machine is $5530

Explanation:

Data provided in the question:

Cost of the equipment = $84,000

Annual after-tax net income from the equipment after deducting depreciation = $3,000

Depreciation = $28,000

Useful life = 3 years

Required return on investment = 9% = 0.09

Now,

After-tax cash flow = After-tax net income + Depreciation

= $3,000 + $28,000

= $31,000

Therefore,

Net Present Value = Present value of cash flow - Investment

= ( $31,000 × PVIFA(11%, 3) ) - $84,000

= ( $31,000 × 2.5313 ) - $84,000

= $78470.3 - $84,000

= -$5529.7 ≈ - $5530

hence,

The net present value of the machine is $5530

4 0

2 years ago

Read 2 more answers

mcgraw hill A(n) ______ can help employees feel that they are doing something worthwhile and are part of something important and

svlad2 [7]

Answer:

A(n) aspirational vision can help employees feel that they are doing something worthwhile and are part of something important and meaningful

Explanation:

What is aspirational vision?

Vision Statement. An organization would like to achieve or accomplished in the mid-term or long term future. It is intended to serves as as clear guide for choosing current and future courses of action.

6 0

2 years ago

Orion would like to go on a trip to Ireland in two years. He wants to have $3,000 for the trip, so he is planning to invest mone

denis-greek [22]

Answer:

The answer is: If Orion wants to have $3,000 in two years, he must invest $2,572.02 today

Explanation:

To determine how much money Orion has to invest today in order to have $3,000 in two years, considering he will get an 8% compound interest rate, we can use this formula:

P = FV / (1 + r)²

Where:

FV = $3,000
r = 8%

P = $3,000 / (1 + 8%)²

P = $3,000 / 1.1664

P = $2,572.02

4 0

2 years ago

The emergency banking relief act helped solve the banking crisis by

max2010maxim [7]

Answer:

providing banks that the government deemed as "sound financial footings" an operating license.

Explanation:

The emergency banking relief act helped solve the banking crisis by providing banks that the government deemed as "sound financial footings" an operating license. This allowed the banks to reopen and continue business as well as providing the public with ease of mind and allowing them to slowly rebuild their trust on towards the banking system.

If you have any more questions feel free to ask away at Brainly.

6 0

2 years ago

You will have less money available for other purchases if you choose a car that costs _______ instead of a car that costs ______

Leona [35]

The correct answer would be B. This is because you are spending more money aka $12,000 which would result in you having less money than if you bought one for $8,000!

7 0

2 years ago