Which is an example of the law of demand?

A. A decrease in the price of iPhones causes a decrease in the quantity of iPhones cases
B. A decrease in the price of iPhones causes no change in the quantity of iPhones demanded
C. An increase in the price of iPhones cases
D. An increase in the price of iPhones causes a decrease in the quantity demanded

Answers

Answer 1

Answer: D

Explanation: : price and quantity demand of any good and service are inversely related to each other. When the price of a product increases, the demand for the same product will fall.


Related Questions

Since ethical issues fall into the gray area between black-and-white legality, how should creatives approach ethics?

Answers

Since ethical issues fall into the gray area between black-and-white legality, You take some time to define your own ethical boundaries

This is further explained below.

What are ethical boundaries?

Generally, When referring to caregiver relationships, "ethical limits" refers to the ethical norms that ought to regulate them in order to differentiate them from personal, intimate, or professional connections.

Within the canon of ethical writing, there is a distinction made between boundary breaches and boundary crossings.

In conclusion, Given that moral dilemmas exist in the ambiguous space that separates right and wrong, you should spend some time figuring out where your own ethical lines are drawn.

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Offering extrinsic rewards as a motivator fits best with which theory of learning?

Answers

Answer:  Extrinsic Motivation

Explanation:

The inputs that a manager uses to alter production are referred to as:________
a) plant and equipment.
b) long-run factors.
c) fixed factors.
d) variable factors.

Answers

The inputs that a manager uses to alter production are referred to as variable factors. Thus the correct option is D.

What is the manager?

A manager is an individual in any organization responsible for coordination and control of business operations by doing optimum utilization of resources.

There are different types of managers present in the organization having separate roles and responsibilities.

When a manager uses inputs to alter production are referred to as variable factors those values change with the output. These variable factors can be labor, raw materials as well as machinery used in production.

Therefore, option D is appropriate.

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what is the marginal cost (mc) and marginal benefit (mb) of hiring each worker? using the rational rule to maximize her economic surplus, how many workers should aliyah hire?

Answers

Aliyah should hire three workers. Marginal gain is the most quantity of money a consumer is willing to pay for an extra appropriate or service.

The consumer's delight tends to minimize as consumption increases. Marginal fee is the alternate in value when an extra unit of a excellent or carrier is produced.

What is MC and MB in economics?

Economists are making sensible preferences by way of comparing the extra advantage to the corresponding extra price at every decision. The more benefit is referred to as Marginal gain (MB); the extra fee is referred to as Marginal cost (MC). You must only choose an object when its MB is higher or equal to its MC.

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Engaged learners often
a. hope the instructor covers the reading in class.
b. listen attentively to lectures.
c. ignore all their other classmates.
d. stay silent in class.

Answers

The answer you’re looking for is B: listen attentively to lectures.

Engaged learners often listen attentively to lectures. The correct option is B. According to research, including students in the learning process improves their concentration and focus and encourages them to use more sophisticated critical thinking.

How does student engagement impact student performance?

The researchers discovered that students who demonstrated engagement, as evidenced by punctuality, preparation for and participation in class work, and making an effort to finish their assignments and homework, had a higher likelihood of being academically successful, maintaining passing grades throughout high school, and graduating on time.

Student engagement, which refers to how attentive, curious, interested, upbeat, and passionate students are when learning or being taught, also includes how motivated they are to study and advance in their education, is referred to as learner engagement.

Thus, the ideal selection is option B.

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a canadian agaent has an existing client who goes on vacation to seattle, washington. the agent wishes to contact the customer in seattle aboout an investment that he wishes to recommed

Answers

The IAR need not register in the State of Washington because the customer is on vacation.

Since their clients frequently travel extensively within the United States, Canadian broker-dealers and investment advisers are covered under the Uniform Securities Act. A Canadian broker-dealer or investment adviser is immune from registration (as are its agents) when executing trades for current clients who are temporarily vacationing in the US as long as they do not have a place of business there.What is IAR?On behalf of a registered investment advisor, or RIA, an investment advisor representative provides clients with advice. An investment company that has registered with the Securities and Exchange Commission (SEC) is known as a registered investment advisor .

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What is the primary measure that creditors use determine whether to give you credit, decide the terms you are offered, and the interest rate you will pay for a loan?.

Answers

Answer:

Your creditworthiness is what creditors look at before they approve any new credit to you. Creditworthiness is determined by several factors including your repayment history and credit score

Explanation:

the answer is credit score courtesy of shelovesvoodoo in ig

The most noticeable difference between common-law and code-law systems is found in the laws governing _____.

Answers

The laws governing intellectual property are where common-law and code-law systems most obviously diverge. 

What is intellectual property ?

The collection of intangible assets that a company or person possesses and is legally entitled to guard against illegal use or application by third parties is referred to as intellectual property.

The concept of intellectual property was developed on the premise that some works produced by the human mind should be afforded the same legal protections as material possessions.

Hence, the difference between common-law and code-law systems is found in the laws pertaining to intellectual property.

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If a country has a comparative advantage in the production of a​ good, then that country.

Answers

If a country has a comparative advantage in the production of a​ good, then that country has a lower opportunity cost in the production of that good. Comparative advantage is a theory that explains why businesses, nations, or people might gain from trade. Ability to create a good or service for a lower opportunity cost is a benefit of comparative advantage.

Companies with a comparative advantage are able to sell their products and services for less than their rivals do, resulting in higher profit margins and stronger sales margins. the capacity of a producer to outproduce a rival in terms of production of a good or service.

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which details support the idea that samara lives in a supportive community? select each correct answer. samara receives positive responses to participate in developing the park. samara receives positive responses to participate in developing the park. wanda and other librarians help samara with her presentation for the zoning board. wanda and other librarians help samara with her presentation for the zoning board. samara realizes that pine grove does not have any open public spaces. samara realizes that pine grove does not have any open public spaces. mrs. yang wants to lead the gardening project. mrs. yang wants to lead the gardening project. samara spent many afternoons at the library.

Answers

Samara receives tremendous responses to participate in developing the park.

Wanda and other librarians assist Samara with her presentation for the zoning board.

What is supportive community?

A supportive neighborhood is a crew of humans who will assist you thru tough instances and celebrate with you in glad times.

It is a group of human beings who have a commitment to you and who are there when you want them. For some people, their nuclear and prolonged families1 serve as their supportive communities.

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Question 1 of 15.
Your Total Labor Cost was $27,750. Management Labor was $4,575 and Tax & Benefits were $8,150. Your average Direct Labor Hourly Wage was $10.25. How many Direct Labor Hours did you use?

Answers

Direct Labor Hours pay =3,948.78.

Direct Labor work cost is a part of wage-bill or payroll that may be mainly and constantly assigned to or related to the manufacture of a product, a particular work order, or provision of a provider.

Direct labor value is easy to recognize. It refers to the fees, which include wages and other advantages, that you incur for employees that at once paint at the tasks including the laborer, rigger, foreman, and pipefitter. oblique hard work refers to employees who aren't involved in planning or construction initiatives.

The total Labor Cost was $27,750.

Management Labor was $4,575 '

Tax & Benefits were $8,150.

Total cost invluding = $27,750. + 4,575 + $8,150.

                                = $40475

Direct Labor Hourly Wage = $10.25.

Direct Labor Hours pay =3,948.78

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Roy is looking for a group or organization that could help prepare him to be a business leader and provide a variety of leadership experiences. What group might be a good fit for Roy?

A. America’s Next Entrepreneurs (ANE)
B. Future Business Leaders of America (FBLA)
C. Entrepreneurial Leaders of America (ELA)
D. Business and Students First (BSF)

Answers

A philosophy known as entrepreneurial leadership focuses businesses on solving problems as opportunities to advance the economy and society. Entrepreneurial Leaders of America

Whatever the situation you find yourself in, entrepreneurial leadership will be essential to your development. Gaining leadership abilities facilitates talent development, the introduction of new goods and services, efficiency, and market share.

Leadership and the leadership process are a component of the innovation method, and as such, they have an impact on the sustainability and innovativeness of invention. Leadership has an equal impact on innovation's efficacy and accuracy, and it also aids in managing and directing the uncertainty that comes with the process.

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poland requires 4 hours of labor to produce a ton of coal and 10 hours of labor to produce 10 bushels of wheat. the czech republic requires 6 hours of labor to produce a ton of coal and 10 hours of labor to produce 10 bushels of wheat.

Answers

Poland requires 4 hours of labor to produce a ton of coal and 10 hours of labor to produce 10 bushels of wheat. the czech republic requires 6 hours of labor to produce a ton of coal and 10 hours of labor to produce 10 bushels of wheat.

between 1/6 ton and 1/4 ton of coal per bushel of wheat

How many pounds is a bushel of wheat?

60 pounds

Corn was allocated a bushel weight of 56 pounds, while soybeans and wheat were allocated bushel weights of 60 pounds. Some other models are: Rye at 56 pounds per bushel, barley at 48, oat and fescue at 32, etc

How multiple loaves of bread do you get from a bushel of wheat?

A bushel of wheat yields 42 one-and-a-half pound retail loaves of white bread OR about 90 one-pound loaves of entire wheat bread. There is around 16 ounces of flour in a one-and-a-half pound loaf of bread.

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True or False. The people in the stock exchange are paid a share from the investors’ profits.?

Answers

Answer:

false

Explanation:

The​ ________ view of social responsibility is that managers today are employees with a primary responsibility to shareholders and their single focus should be on generating financial returns.

Answers

In the​ classical view managers nowadays are employees with a primary duty to shareholders, and their main goal should be to produce financial returns. This is what is meant by social responsibility.

More about social responsibility:

A business must act in a way that benefits both its shareholders and society as a whole in order to be considered socially responsible. Many companies—including those with "green" initiatives—have incorporated social responsibility into their business models without compromising their capacity to make money.

Social responsibility is becoming increasingly important to investors and clients who want businesses that not only succeed but also improve human and environmental welfare.

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Where is the location of the Board of Governors?

Answers

The answer to your question is Washington D.C.

Relative to sales of regular bottled water, sales of premium bottled water would likely decline during a recession by:______

Answers

Relative to sales of regular bottled​ water, sales of premium bottled water would likely decline during a recession by  more  because it is more likely to be a luxury.

What is recession?

A recession  can be described as the widespread, as well as the  prolonged downturn  that a country could be experiencing in her economic activity.

It should be noted that this can be recorded when there is consecutive quarters of declination in the  in gross domestic product  that can be attributed to a particular country.

In conclusion Recessions do bring about the  declines in economic output, as well as  employment, hence in the Relative to sales of regular bottled​ water, sales of premium bottled water would likely decline during a recession by  more  because it is more likely to be a luxury since the price of goods as well as services is high at that time and everything becomes costly.

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CHECK THE COMPLETE QUESTION:

Relative to sales of regular bottled​ water, sales of premium bottled water would likely decline during a recession by           because it is more likely to be a           ▼ less more

▼ .Luxury necessity

Marketing Mix Elements:
1. A flake cereal becomes a strawberry
flake cereal.
2. A customer buys a magazine from
the checkout aisle.
3. A customer thinks the benefits
outweigh the costs.
4. A firm runs an advertisement in the
newspaper.
5. A firm communicates a message to
a customer.
6. A customer orders a product online.
7. A firm figures out what a customer
needs.
[Choose ]
[Choose ]
[Choose]
[Choose]
[Choose]
[Choose]
[Choose]
>

Answers

A product changes from a flake of cereal to strawberry flake cereal.

In the checkout line, a customer purchases a magazine.

A client believes the benefits outweigh the price.

A company's publication of an advertisement in a newspaper is a promotion.

A company's promotion is how it tells a customer what it stands for.

A place where a customer orders a goods online

A business determines that a customer requires a certain product.

A product is anything that can be supplied to a market to satiate the need or want of a client. In marketing, a product is an object, system, or service made accessible for consumer usage as of consumer demand.  Products are sometimes referred to as merchandise in the retail sector, and they are purchased as raw materials and then sold as finished things in the manufacturing sector. An additional category of goods is a service. A commodity can be anything that is widely available on the open market, however they are typically raw commodities like metals and agricultural products. In project management, "products" are the formally defined project deliverables that make up or help deliver the project's objectives.

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If a shortage exists in the car market, then the current price must be than the equilibrium price. For the market to reach equilibrium, you would expect.

Answers

If a shortage exists in the car market, then the current price must be lower than the equilibrium price. For the market to reach equilibrium, you would expect buyers to pay higher prices.

What is equilibrium price?

Market supply and demand must balance one another to reach equilibrium, which leads to stable pricing.

In general, when there is an abundance of products or services, prices decline, which increases demand, but when there is a scarcity, prices rise, which decreases demand.

The consumer cost associated with a good or service when supply and demand are equal or nearly equal is referred to as the equilibrium price, also known as the market-clearing price. T

he producer or vendor may sell as many units as they like, and the buyer may access as many units as they choose to purchase.

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If a shortage exists in the car market, then the current price must be lower than the equilibrium price. For the market to reach equilibrium, you would expect buyers to pay higher prices.

What is equilibrium price?

Market supply and demand must balance one another to reach equilibrium, which leads to stable pricing.

In general, when there is an abundance of products or services, prices decline, which increases demand, but when there is a scarcity, prices rise, which decreases demand.

The consumer cost associated with a good or service when supply and demand are equal or nearly equal is referred to as the equilibrium price, also known as the market-clearing price. T

The producer or vendor may sell as many units as they like, and the buyer may access as many units as they choose to purchase.

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The primary disadvantage of the meet-the-competition method of marketing communication budgeting is:________

Answers

The potential liability to meet-the-competition budgeting is that marketing dollars might not be spent efficiently.

How do firms determine marketing communication budgets?

There are four common methods used by firms to decide on the communications budget. These are the reasonable method, the percentage-of-sales way, the competitive parity strategy, and the objective-and-task method. Many businesses operate more than one method to come at a relatively accurate allocation figure.

Marketers position their products by continually researching what their customers like and want.

The marketing mix also understood as the four P's of commerce, guides the four key elements of a marketing strategy: product, price, place, and promotion.

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Christina adds up all of her paychecks from 2004. Her take-home pay for the year is her _______ income.

Answers

Christina adds up all of her paychecks from 2004. Her take-home pay for the year is her disposable income.

What is disposable income?

If income is something that one gets from the next change of the services that are being provided by someone to another person, then it is a kind of disposable income.

It is that kind of income which one gets after the deduction of taxes and social security charges. This is a kind of income which is available for spending or one can save it according to their convenience.

Economic disposable income, also known as disposable personal income, refers to the amount of money available for household consumption.

Thus, disposable income can be saved or it can be used, which is done after the accounting of income tax.

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the adjusted trial balance is used to verify that total debits equal total credits after account balances have been updated to reflect adjusting entries.

Answers

Yes, it is true that when account balances have been updated to reflect adjusting entries, the adjusted trial balance is utilised to confirm that total debits and total credits balance each other out.

To ensure that total debits and total credits balance out, utilise a trial balance. After account balances are modified to reflect adjusting entries, the adjusted trial balance is created.

What is adjusting trial balance ?

Any modifications are reflected in an amended trial balance, which displays the general ledger account balances. Depreciation, prepaid expenses, accruing charges, and other non-cash costs are frequently covered by these adjustments. It is that simple.

The adjusted trial balance is not a financial statement, even though the modified account balances will be included in the financial statements. In both the adjusted trial balance and the unadjusted trial balance, the total amount of the debit balances must match the total amount of the credit balances.

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If the cross-price elasticity between goods x and y is -2.0, the goods are ________ and an increase in the price of good x will cause a(n) ________ in the demand of good y.

Answers

If the cross-price elasticity between goods x and y is -2.0, the goods are Complementary and an increase in the price of good x will cause a(n) Decrease in the demand of good y.

The commodities are complementary if the cross-price elasticity between Goods X and Y is less than 2.0. Complementary items' cross-price elasticity is always negative. Because complementary commodities are utilized in tandem, a rise in the price of Good X will result in a fall in the demand for Good Y.

It's because a decrease in consumption of one good will result from a rise in the price of the other if the cross price elasticity is negative.

As a result, the two products will be consumed simultaneously, and in most cases, if one thing becomes pricey, so will the other. By the same reasoning, all of the other choices are erroneous.

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antonio is shopping at an outdoor market. complete his conversation with the vendor by choosing the correct words from the list and writing them in the blanks. calidad | caro | collar | de | descuento | hecho | lleva | ofrecer | oro | poco | precio | última

Answers

Ultima ofrecer de precio
Last offer for this price

One of the most effective ways entrepreneurs have of creating opportunity is to identify a problem in a market and seek a solution.
a. true
b. false

Answers

This is true. One of the most effective ways entrepreneurs have of creating opportunity is to identify a problem in a market and seek a solution.

Who is an entrepreneur?

This is a person that is regarded to as innovative person. The entrepreneur is one that would be able to provide the solutions to the problems and the needs of people in the society through the goods that they make and the services they provide.

Hence we can say that this is true. One of the most effective ways entrepreneurs have of creating opportunity is to identify a problem in a market and seek a solution.

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Power company a sells electricity for $0.04/kwh. company b sells for $0.03/kwh plus a $100/month charge. if your business uses 4,000 kwh per month, which company should you use?

Answers

Answer:

Power company A

Explanation:

We are given that

Power company A sells of 1 Kwhr electricity=$0.04

Power company B sells of 1 kw hr electricity=$0.03

Power company B additional monthly charge for electricity=$100

Total business uses electricity in 1 month=4000 kwhr

We have to find which company should

used by me.

Power company A sells of 4000 kwhr electricity =0.04 x 4000 $160

Power company B sells of 4000 kwhr electricity=4000 x 0.03 $120

Power company B sells of 4000 kwhr electricity=120+100=$220

Hence, Power company A should used by me because it is cheaper than company B.

jamila, the top manager of a large bank, related to her staff that the bank’s goal was to create higher profits and greater efficiency. this will fulfill their corporate social responsibility (csr).

Answers

Jamila, the top manager of a large bank, relayed to her staff that the bank's goal was to create higher profits and greater efficiency. This will fulfill their corporate social responsibility. FALSE

Efficiency is the frequently measurable potential to avoid wasting fabric, power, attempt, money, and time to do some thing or gain a desired end result. extra typically, it's far the capability to do matters properly and efficiently with out company funding, on the subject of a huge corporation or a particular huge company. hobby prices are higher for corporate clients than for individual customers.

The economic system is developing and company income are growing. employer means relating to a huge agency or a particular big company.

The business enterprise is a commercial enterprise entity owned by means of shareholders who elect a board of administrators that oversees the activities of the corporation. A organization is responsible for its moves and price range, however its shareholders.

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burrow, inc. borrowed $20,000 with an annual rate of 6%, the note and interest are due at the end of two years. by the end of the first month, the interest incurred equals $

Answers

Burrow, inc. borrowed $20,000 with an annual rate of 6%, and the note and interest are due at the end of two years. by the end of the first month, the interest incurred equals $100.

Annual interest manner the full amount of all accrued or capitalized hobby paid in the course of that period, without duplication, for the enterprise during the Trial length, except for mortgage expenses. Annual Interest accrues whilst you take out a mortgage or line of credit score. expenses and hobby at the books ought to be recorded.

To document interest accumulated in an accounting length, debit the interest prices account and credit score the annual rate amassed money owed. This increases costs and liabilities. gathered interest accumulates over time and isn't always cloth to a organisation's operational productivity over the years.

Collected interest is usually expected to be received or paid inside 12 months and is therefore counted as a current asset for the lender and cutting-edge liability for the borrower.

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Paloma’s firm is beginning operations in a foreign host country that requires at least 5% of managerial roles to be filled by workers from the host country. When paloma hires 50% of managers from the host country, she is fulfilling the "make a profit" practice of corporate social responsibility. True or false?.

Answers

Paloma’s firm is beginning operations in a foreign host country that requires at least 5% of managerial roles to be filled by workers from the host country. When Paloma hires 50% of managers from the host country, she is fulfilling the "make a profit" practice of corporate social responsibility is a true statement.

What is corporate social responsibility?

Corporate social responsibility is also called as CSR. It is the concept where a a business has the responsibility to do right and good.

Corporate social responsibility means that a company should engage in self-regulating its actions and also be socially accountable to all of its stakeholders and customers.

Embracing Corporate social responsibility will increase customer  loyalty and retention and also improves employee engagement, brand imaging.

It will also attract top talent and investment opportunities which can create a difference for all the bottom-line financials.

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Switzerland is much smaller than the united states but its population density is much greater. Although switzerland’s gdp is much smaller than the united states’ gdp, its _______ is slightly higher.

Answers

Switzerland is much smaller than the united states but its population density is much greater. Although Switzerland's GDP is much smaller than the united states' GDP, its GDP per capita is slightly higher.

A country's Gross Domestic Product (GDP) per capita is calculated by dividing the GDP by the entire population. The table that follows ranks all of the nations in the world according to nominal GDP per capita and GDP at purchasing power parity (PPP) per capita. Therefore, a higher GDP per capita is frequently associated with excellent outcomes in a wide variety of areas, such as better fitness, more education, or even more lifestyle satisfaction. United States of America. The United States of America is a North American country and the strongest naval and economic power in the region. Likewise, its cultural influence is felt around the globe, mostly because to the popular culture that is reflected in music, movies, and television.

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