What happens to the individual demand curve as the price of an item increases?

Answers

Answer 1
Answer: the individual demand for an item will decrease, causing a downward slope

Since the price of an item increases, there will be less and less people who can afford and prefer to buy it, therefore, the consumers' demand for that item will decrease

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If the exchange rate for Mexican pesos has changed from 10 pesos to 9 pesos per dollar, _____. What is the value of the peso?
what are the documents required by department of trade and industry when registering for a private company
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Which statement is true? A. Emergency managers only need to be concerned with cross-cultural communication. B. Communication is not affected by geographic area of the country. C. Gestures that Americans take for granted can be offensive to others. D. All people who live in the United States communicate in the same way.

Consumer tastes or preferences would be most likely to have an effect on A. elasticity.
B. demand.
C. the Law of Supply.
D. supply.

Answers

Consumer tastes or preferences would most likely have an effect on B. DEMAND.

If a product is numerous and affordable but is not in accordance to consumer's taste or preference, then there will be no demand on the product supplied.

If the product has limited stock and is costly but it is preferred by the consumers, then demand of the good will still be steady.

Final answer:

Consumer tastes or preferences most directly impact demand, as it is driven by consumer behavior. Their preferences may also indirectly influence supply and elasticity, with changes leading to shifts in production or affecting how price changes impact demand.

Explanation:

Consumer tastes or preferences are most likely to have an effect on B. demand. This is due to the basic economic principle that demand is driven by consumer behavior. If consumers prefer a particular product or service, demand for that product or service will increase. On the other hand, if consumers' preferences change and they no longer want a particular product or service, demand will decrease.

Although consumer preferences could indirectly influence supply and elasticity, the most direct impact is on demand. In terms of supply, if consumers' preferences shift towards a specific product, it may prompt manufacturers to increase production, which would increase the supply. As for elasticity, when there is a strong preference or need for a product, its demand tends to be inelastic, as changes in price have less effect on the quantity demanded.

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Researching your company's mission statement will allow you to create a team goal that

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Mission statement is some sort of statement that describe the purpose of the organization.

Which is why Researching your company's mission statement will allow you to create a team goal that Fit your company culture . 

Answer:

a.

Is very clever and well written

b.

Engages upper management

c.

Contrasts with other teams

d.

Fits with your company culture

Explanation:

What information is necessary to calculate the after-tax return on investment (ROI)?A.
whether the capital gains are long term or short term and the dividends are qualified or nonqualified
B.
whether the capital gains are long term or short term and which company paid the dividends
C.
whether the capital gains are from the sale of a stock or a bond
D.
whether the investment was purchased individually or through a brokerage firm

Answers

The information that is necessary to calculate the after tax return on investment is whether the capital gains are long term or short term and which company paid the dividends.

What is the after-tax return on investment ?

This is  a term that has to do with the profit that is made from a business venture after the tax amount has been calculated from the enterprise.

Businesses use this as a way of trying to determine the earnings that they have.

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Answer:

B

Explanation:

You're welcome

Fultz Company had 300,000 shares of common stock issued and outstanding at December 31, 2017. During 2018, no additional common stock was issued. On January 1, 2018, Fultz issued 400,000 shares of nonconvertible preferred stock. During 2018, Fultz declared and paid $180,000 cash dividends on the common stock and $150,000 on the nonconvertible preferred stock. Net income for the year ended December 31, 2018, was $960,000. What should be Fultz's 2018 earnings per common share, rounded to the nearest penny?

Answers

Answer:

$2.7 per share

Explanation:

Given that,

shares of common stock issued and outstanding =  300,000

Dividends on the nonconvertible preferred stock = $150,000

Net income for the year ended December 31, 2018 = $960,000

Earnings per share:

= (net income - preferred dividend) ÷ Number of shares outstanding

= ($960,000 - $150,000) ÷ 300,000

= $2.7 per share

When Sheila arrived at the gym on Tuesday morning, she noticed the musty odor of the showers in the locker room. As she finished changing, she did not notice the smell. This is probably the result of:

Answers

Answer:

The correct answer is sensory adaptation.

Explanation:

Sensory adaptation is the adjustment of sensory capacity that follows prolonged exposure to stimuli.

The environmental stimuli cause a change in the sensitivity of the sensory receptors, depending on the type of environmental stimulus so the given receptor will be stimulated.

Adaptation occurs when the person gets used to a stimulus and changes their frame of reference. Therefore, it does not respond to the stimulus in the same way as it did before.

For example, when you put your hand inside a container with cold water, you will not feel the cold of the beginning soon.

Another very common example is that of smells: people quickly get used to the smells around us and stop feeling them, whether they are pleasant or unpleasant.

Not all employers provide group hospital and health insurance.
a. True
b. False

Answers

That statement is true

Hospital and health insurance is not a government requirement , which is why companies are not obligated to give it to their employers. In general, only large companies had enough money to provide their workers with hospital and health insurance, while Companies often cut out hospital and health insurance in order to increase their net profit.

Not all employers provide group hospital and health insurance. This statement is true. Not all employers have the heart to give health benefits to their employees especially to a contractual position.