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07/06/2021

Which financing option would be best for the laptop and for the refrigerator?

Which financing option would be best for the laptop and for the refrigerator?

installment financing option

Which financing option has the highest overall costs?

Equity financing

Which best describes what happens to a corporation after its owners retire quizlet?

Which best describes what happens to a corporation after its owners retire? not It transfers to new owners. It continues in business.

Which best describes what happens to a corporation after its owners retire?

The answer is: It continues in business. > When a shareholder retires, the corporation can continue to operate. The structure of the corporation will determine the outcome of the corporation’s existence.

What best describes why a company issues stock?

A stock or shares represents the smallest unit of ownership in a company. The shareholder, therefore, gives out money to a company in exchange for shares. A company issues shares to raise capital. As investors purchase shares, the company gets money to expand its business.

At which level of production does the company make the most profit?

The correct answer is: “the fourth pair of cleats”. The higher the price charged, or the larger the quantity sold, the bigger the profits will be.

Which statement best describes how an investor makes money off debt?

Which statement best describes how an investor makes money off debt? An investor makes money by issuing bonds.

Which best describes an opportunity cost?

Opportunity cost: The loss of a potential gain from other alternatives when ones alternate is chosen!

Which of the following best describes the opportunity cost of an action?

Which of the following best describes the opportunity cost of an action? It is a subjective valuation that can be determined only by the individual who chooses the action.

Which would be considered a substitute good?

In microeconomics, two goods are substitutes if the products could be used for the same purpose by the consumers. That is, a consumer perceives both goods as similar or comparable, so that having more of one good causes the consumer to desire less of the other good.

Which best explains how the law of demand affects consumers?

Which best explains how the law of demand affects consumers? It helps consumers tell producers when prices are too high. The graph shows a demand curve.

What will happen as the price of a good or service decreases?

A decrease in the price of a good would be illustrated on a supply graph as a: According to the law of supply, if the price of a good or service increases: Quantity supplied will increase. If two goods are complements, an increase in the price of one good will cause a decrease in the demand for the other.

What do consumers demand?

Consumer demand is defined as the ‘.. willingness and ability of consumers to purchase a quantity of goods and services in a given period of time, or at a given point in time..’. Merely being willing to make a purchase does not constitute effective demand – willingness must be supported by an ability to pay.

What are the 2 types of customer demand?

The two types of demand are independent and dependent.

What is the basic law of demand?

The law of demand is a fundamental principle of economics that states that at a higher price consumers will demand a lower quantity of a good. A market demand curve expresses the sum of quantity demanded at each price across all consumers in the market.

Which one is not the reason for change in demand?

Income is not the only factor that causes a shift in demand. Other things that change demand include tastes and preferences, the composition or size of the population, the prices of related goods, and even expectations.

What is an example of a Veblen good?

A Veblen good is a good for which demand increases as the price increases. Veblen goods are typically high-quality goods that are made well, are exclusive, and are a status symbol. Examples of Veblen goods include designer jewelry, yachts, and luxury cars.

Are luxury goods Giffen goods?

A Giffen good is a low income, non-luxury product for which demand increases as the price increases and vice versa. Demand for Giffen goods is heavily influenced by a lack of close substitutes and income pressures. Veblen goods are similar to Giffen goods but with a focus on luxury items.