A demand curve illustrates the quantity demanded at every possible price at a given time. Please select the best answer from the choices provided T F

Answers

Answer 1

Answer: A demand curve illustrates the quantity demanded at every possible price at a given time. The statement that is being presented is TRUE. A demand curve is the graph depicting the relationship between the price of a certain commodity and the amount of it that consumers are willing and able to purchase at that given price.

Answer 2

Answer:

Final answer:

The demand curve accurately displays the quantity of a good or service demanded at each possible price. As prices decrease, demand tends to increase, reflecting an inverse relationship between the two.

Explanation:

The statement 'A demand curve illustrates the quantity demanded at every possible price at a given time' is correct or True (T). In economics, a demand curve is a graphical representation that shows the relationship between the price of a good or service and the quantity demanded for a period of time. It typically slopes downwards from left to right, indicating that as price decreases, quantity demanded increases, illustrating the inverse relationship between price and demand.

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Judy needs to take out a personal loan for $2,500 for tuition assistance. Her bank has offered her one of the four loan packages outlined in the chart below. Determine which of the four loans will be cheapest for Judy in the long run. All interest rates are compounded monthly. Loan Duration (Months) Interest Rate A 12 9. 50% B 24 8. 75% C 36 7. 75% D 48 6. 60% a. Loan A b. Loan B c. Loan C d. Loan D.

Answers

Based on the present values of the personal loan of $2,500 at their different duration and interest rates, the cheapest loan is a. Loan A.

Data and Calculations:

Loan Duration (Months) Interest Rate Payments Total Interest

Monthly Total Expense

A 12 9. 50% $219.21 $2,630.51 $130.51

B 24 8. 75% $113.93 $2,734.21 $234.21

C 36 7. 75% $78.05 $2,809.90 $309.90

D 48 6. 60% $59.40 $2,851.33 $351.33

Personal loan amount = $2,500

Thus, Loan A is the cheapest because it has the highest present value and the lowest interest expense.

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Josh is journalizing an adjustment for a bank service fee. What type ofaccount would this be considered?
A. cash
B. revenue
C. expense
D. accounts payable

Answers

Answer:

Expense

Explanation:

Which empire's accomplishments include the ishtar gate, the hanging gardens of babylon, and a knowledge of astronomy and medicine?

Answers

The Chaldean Empire's accomplishments include the Ishtar Gate, the Hanging Gardens of Babylon, and a knowledge of astronomy and medicine.

The Chaldean Empire was founded after the Assyrians defeat in 612 B.C. This empire was ruled by King Nebuchadnezzar and he built a wealthy and powerful Nation.

Answer:

Chaldean

Explanation:

In the film industry, what is the term used to describe all the activities and actions taken in order to create a movie?a. acquisition
b. distribution
c. exhibition
d. production

Answers

Im pretty sure the answer is d. production

Apple computer's "smart team" is an example of a firm that succeeded by:

Answers

It seems that you missed the given choices for this question, but anyway, the answer that would best complete the given statement above is "bringing together a group of talented and experienced managers to conceive, develop, and market products." Apply computer's "smart team" is an example of a firm that succeeded by bringing together a group of talented and experienced managers to conceive, develop, and market products. Hope this answer helps.

The direct link between customers and the company is performed by: legal services marketing information chemists environmental chemists corporate management

Answers

The right answer for the question that is being asked and shown above is that: "marketing information." The direct link between customers and the company is performed by the marketing information. They are the ones who channel their needs and etc.

Answer:

The correct answer is B. Marketing

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Which of the following statements about the U.S. housing industry is accurate?A) The total net housing wealth is equal to about 80 percent of GDP. B) The housing industry is not a big part of the economy. C) No one really knows how many building permits are issued in the U.S. each month. D) The total net housing wealth was less than 1 billion dollars in 2006.

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