What are two variables needed to calculate demand?

Answers

Answer 1
"Price and quantity" are the two variables that are needed to calculate demand.


Demand refers to the amount or quantity that a man is both willing and ready to consume at each cost in a given time period, by keeping every single other thing consistent. When Price and quantity shift conversely by keeping all different things constant, it refers to the law of demand. 
Answer 2

The two variables needed to calculate demand are: At a given point in time, the price of a product and quantity that would be purchased at that price. Therefore, the correct option is B.

The price and quantity demanded are the variables that are essential in building the relationship between price and demand for any good , The demand curve depicts this relationship.

By analyzing the various price and quantity combinations, economists can determine and make analyzes  on demand that by how changes in price can affect the quantity of a product that consumers are willing to buy.

Thus, the ideal selection is option B.

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The complete question might be:

What are the two variables needed to calculate demand?

A. The desire and ability to buy a product

B. At a given point in time, the price of a product and quantity that would be purchased at

that price

C. The number of people willing to buy a product and the number and type of competing

products

D. Previous number of purchases and the likelihood of future purchases


Related Questions

Ashley, Nikki and Jared all selected identical new cars at the same price. Ashley, bought the car with some of her own money and the rest a car loan. Nikki bought the car with cash. Jared leased the car. What is true about their options for car insurance?

Answers

hello
Nikki had the otpion to pay in cash and and the others was  with a loan
have a nice day

Ashley, Nikki and Jared bought same cars at the same price. But they all bought them with different mode of payments.

Nikki bought the car on cash.

Ashley bought the car with some of the cash plus the loan.

Jared leased the car.

So Nikki, who bought the car on cash may have the best options to get the insurance done. Second one would be the Ashley to have good options to opt for the insurance. Lastly, Jared would have the least options of his choice to get his car insured as he has leased the car.

The sarbanes-oxley act created the _____ to oversee the accounting firms that audit public corporations and to establish rules and standards for auditing.
a. public company accounting oversight board
b. corporate accounting oversight commission
c. enron accounting fraud administration
d. occupational health and safety administration

Answers

The Sarbanes-oxley act created public companies accounting oversight boards to oversee the accounting firms that audit public corporations and to establish rules and standards for auditing. Therefore option A is correct.


What is auditing?

The term "audit" often refers to an examination of financial statements. A financial audit is an independent review and assessment of an organization's financial statements to ensure that they fairly and accurately reflect the transactions they purport to represent. Employees of the organization may conduct the audit internally, or an outside Certified Public Accounting (CPA) firm may do so externally.

Almost all businesses have their financial statements, including the income statement, balance sheet, and cash flow statement, annually audited. As part of their debt covenants, lenders frequently demand the annual findings of an external audit.

Due to the strong incentives to purposefully misstate financial facts in an effort to perpetrate fraud, audits are a legal necessity for several businesses. The Sarbanes-Oxley Act (SOX) of 2002 mandates that publicly listed corporations also get an assessment of how effective their internal controls are.

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What metric can be assigned to cluster members to control the balance of traffic between cluster members?

Answers

Load weight is a metric that is assigned to closer members to control the balance of traffic between cluster members. 

Clusters are servers in a database/computer that manage workload management. They help spread an equal amount of workload to each server which manages them and allows them to work properly. 

The clustering coefficient and Euclidean distance are key metrics used to control and balance traffic between cluster members in network cluster analysis. These measures help to optimize network performance by avoiding bottlenecks.

In the context of network clustering, one important metric used to control the balance of traffic between cluster members is the clustering coefficient. This metric reflects how densely connected nodes are within a localized area of a network, highlighting the degree to which nodes tend to cluster together. Such a metric is crucial in understanding and managing the distribution of network load among different nodes or servers within a cluster.

For distance-based cluster analyses, common metrics such as Euclidean distance are utilized, as they quantify dissimilarities between pairs of units based on properties like geographical location or similarity in data. In network diffusion analysis, distances might also be measured based on the weighted number of paths between nodes, reflecting more contextual nuances of node interaction and network topology.Moreover, the maximum distance between nodes within different clusters can be factored into calculations to determine the overall balance of traffic. Ensuring a balanced traffic load among cluster members is essential for optimizing network performance and avoiding bottlenecks.

True or false: if society wishes to reduce overall pollution by a certain amount, it is efficient to have firms with lower costs reduce greater amounts of pollution than those with higher costs.

Answers

True: if society wishes to reduce overall pollution by a certain amount, it is efficient to have firms with lower costs reduce greater amounts of pollution than those with higher costs

Means that sellers can restrict people who do not pay for the product from obtaining its benefits

Answers

In macroeconomics, excludability means that sellers can restrict people who do not pay for the product from obtaining its benefits. 

Such as, if you want to see a concert at a venue, but you did not purchase tickets if the concert is held inside you are not able to go in and watch the show. You must pay for the good or service you are wanting in order to have access to it. 

In macroeconomics, excludability means that sellers can restrict people who do not pay for the product from obtaining its benefits.

What is Macroeconomics?

The study of an economy's overall performance, structure, behavior, and decision-making is known as macroeconomics. Using interest rates, taxes, and government expenditures, for instance, to control the expansion and stability of an economy. This covers local, national, and international economies.

Macroeconomics is the study of how economies function, including changes in the balance of payments, inflation, interest as well as foreign exchange rates, and economic production. Only with a solid monetary and fiscal policy are poverty alleviation, social equality, and sustainable growth conceivable.

Macroeconomics is the branch of economics that focuses on large-scale or general economic issues and how they interplay in economies. It is the study of entire economies.

Macroeconomics is a subfield of economics that focuses on the behavior of the economy as a whole, including the markets, firms, customers, and governments.

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"the term ________ means that the computing resources leased can be increased or decreased dynamically in a short span of time and that organizations pay for just the resources that they use"

Answers

Elastic/elasticity is the term that means the computing resources leased can be increased or decreased dynamically in a short span of time and that organizations pay for just the resource they use. Elasticity can be measured on curve charts and allows organizations to determine the demand of a good or service they provide when only the price is changing. 
Final answer:

The term 'Scalability' refers to the ability to adapt computing resources to the demand dynamically, which means that resources leased can be increased or decreased quickly and you pay only for what you use.

Explanation:

The term you're referring to is Scalability. In the context of computing, Scalability refers to the capacity to handle growth or decrease in demand by dynamically allocating or deallocating resources in a very short period. This means you can increase or decrease the resources that you lease based on your needs. Furthermore, a key advantage of this model is that you only pay for the resources you use. Let's take cloud computing for an example, you may instantly require more resources during peak usage times and less during off-peak times. Scalability allows you to adjust your resources accordingly swiftly, hence controlling the overall costs.

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What is one stated purpose of the World Trade Organization? To create a common currency. To encourage the expansion of exports to monitor trade policies of many countries. To establish direct trade agreements between countries.

Answers

Answer:

cCCccccCCcccCcccc

Explanation:

The correct option is B., "To encourage the expansion of exports to monitor trade policies of many countries.", as the World Trade Organization aims to monitor and sustain trade agreements made in the Uruguay Round, promoting trade liberalization to foster economic growth and development.

Its main purpose is to encourage the expansion of exports and monitor trade policies of member countries.

The World Trade Organization (WTO) was established to monitor and sustain the agreements made in the Uruguay Round, promoting trade liberalization to foster economic growth and development. Unlike creating a common currency or establishing direct trade agreements, the WTO aims to encourage the expansion of exports by reducing trade barriers. It acts as a platform where member nations can monitor each other's trade policies to ensure compliance with agreed-upon trade policies.

Full Question:
What is one stated purpose of the World Trade Organization?  

A. To create a common currency.

B. To encourage the expansion of exports to monitor trade policies of many countries.

C. To establish direct trade agreements between countries.

How does investing in successful business ideas earn you money?

Answers

They fund businesses and either get a certain percentage of interest back or own part of the company.

West africa has tropical wet and dry forests, also known as tropical ________ forests, which receive rainfall for several months followed by dry and hot months.

Answers

the answer to this question is rain.

Which best describes what a subsidy does?
a. It keeps the price of domestic goods relatively low.
b. It raises the price of imported goods.
c. It encourages the import of foreign goods.
d. It eliminates all taxes on domestic goods.

Answers

Your answer is A.

Hope this helps:)

Answer:

The answer is: A) It keeps the price of domestic goods relatively low.

Explanation:

The main reason why subsidies exist, is to try to improve social efficiency. Usually public services are subsidized, like public transport (e.g. buses, subway). When people use the subway they aren't only saving money by not using their cars, but they are also polluting less, streets aren't as crammed, etc.

Now imagine who could build and operate a subway system other than the government. It is impossible, no company could afford to build a fully functional subway system and much less operate it at a low price. Therefore here the government with huge infrastructure projects and subsidizes.

When governments decide to subsidize products, for example milk, they do it to lower its price so that the quantity demanded increases. Drinking milk is not subsidized for its great taste, but because it's very good for kids to do it (it's a very healthy habit).

Retired public school teacher, age 65, has deposited a total of $10,000 into a nonqualified variable annuity, and her account's current value is $16,000. if she wishes to take a lump-sum withdrawal of the full amount, how much of this withdrawal is taxed at the ordinary income tax r

Answers

The answer is - $6,000.00
Explanation:
Contributions to a nonqualified annuity represent cost-base dollars. When the contributions are paid out, cost base represents a return of capital and is not subject to tax. The growth in an annuity is taxdeferred
and is taxable upon receipt. In this case, of the total distribution of $16,000, the return of contributions was $10,000, leaving $6,000 taxable as ordinary income.
Reference: 3.8.1 in the License Exam Manual.

If the APR of a saving account is 4.8% and interest is compounded monthly what is the approximately APY of the account?

A. 10.49%
B. 4%
C. 1.05%
D. 4.91%

Answers

If the APR of a saving account is 4.8% compunded monthly then The answer is 4.91%

The two general kinds of trade barriers are _____.
a. qualitative and quantitative barriers
b. voluntary and involuntary barriers
c. tariff barriers and nontariff barriers
d. government import standards and industry import standards
e. nationalistic and geocentric barriers

Answers

I think the answer is A

Tariff barriers and nontariff barriers are the two general kinds of trade barriers.

A trade barriers refers to those barrier which serves as impediment to smooth trading in a location.

A trade barriers can take the form of tariffs barriers which impose a financial burden on imports or non-tariff barriers which uses other overt and covert to restrict imports or export.

In conclusion, the Tariff barriers and nontariff barriers are the two general kinds of trade barriers.

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A shoe factory has an elasticity of supply of .5 as the price of shoes rises from $50 to $75. if the factory produced 100,000 shoes at a market price of $50, how many will be produced at the new price? 75,000 200,000 125,000 400,000

Answers

The correct answer from the given options is "125,000".

E S (elasticity of supply) = .5 
( supply is inelastic: E S < 1 )

Now we use the following formula:

E S = Δ Q / Δ P * P / Q

Δ Q = change in quantity
Δ P = change in price
P = initial price
Q = initial quantity.
now put the values;
.5 = Δ Q / 25 * 50 / 100,000

Δ Q = .5 * 25 * 100,000 / 5

Δ Q = 25,000

Quantity at the new price = Q ( new ) = 100,000 + 25,000
= 125,000 

Answer:

125000

Explanation:

How many people are active users of Facebook? Over 9 million Over 90 million Over 900 million Over 9 billion

Answers

Over 900 million is the answer
Over 900 million. About 1 billion people are active on facebook

Mark Brainliest! <3

Which is more​ independent, the federal reserve or the european central​ bank? why?
a. the federal reserve systemlong dash—it must be more independent since the european central bank was patterned after it.
b. the federal reserve systemlong dash—its charter can be changed through​ legislation, making it more independent than the european central bank.
c. the european central banklong dash—its charter cannot be changed through​ legislation, making it more independent than the federal reserve.
d. because the structures of the federal reserve and the european central bank are​ similar, it can be argued that the two systems have the same level of independence?

Answers

The answer to this is c. the European central bank —its charter cannot be changed through​ legislation, making it more independent than the federal reserve.

If a 25 percent decrease in the price of sapphires causes a 15 percent decrease in the quantity of diamonds demanded, then the cross-price elasticity of demand between sapphires and diamonds is:

Answers

To solve for the cross-price elasticity of demand:
Take the quantity of the diamonds demanded and divide it by the decrease in the price of sapphires. 
Cross-price elasticity of demand = 15/25
Cross-price elasticity of demand = 0.6

When you are solving for the cross-price elasticity of demand, you are seeing the response to the demand of a item when price changes for another good. 

Robin baker, a top manager at westinghouse, has recently been put in charge of a new multi-million dollar project. she selects several individuals to participate in this effort and assigns each certain tasks to perform. furthermore, she has set up a group hierarchy and indicated that all decisions must be routed through this chain of command. robin is exhibiting which leadership style?

Answers

Robin is exhibiting the leadership style called autocratic. This leadership style is being defined as having a leader of which controls over the group’s decision and that the leader is likely to place a little effort or input from the group members that the individual is associated with.

Answer:

Robin Baker leadership style is Autocratic.

Explanation:

Autocratic leadership is the type of leadership in which the leader delegates tasks to the hierarchy of subordinates it has established however request s them to consult the leader each time a decision needs to be made. also, this type of leadership leaves no space for constructive critics or contributions to improve performance. It is a very inefficient type of leadership and might result in a group o subordinate filled with doubts about their performance and high levels of stress.

Stellar mobiles was a popular mobile phone brand. however, when its competitors began switching to smartphones, stellar realized that it too needed to change in order to survive in the market, and it quickly started developing smartphones. in other words, stellar mobiles entered the _____ stage of the technology cycle.
a. change substitution
b. discontinuous change
c. decline
d. technological entropy
e. the technological maturity stage

Answers

 

b. discontinuous change.

It is the stage of a technology cycle that characterized by the following:

 

1. Technological substitution. It occurs when customers purchase new technologies to replace older technologies.

2. Design competition. Occurs when an old technology and several different new technologies fight to establish a new technological standard or dominant design.

 






Which amount does not change during the period and is added to purchases when computing the cost of goods available for sale?

a) Beginning inventory

b) Freight-in

c) Ending inventory

d) Periodic inventory

Answers

hello
the best answer is c

Ending inventory is the amount that does not change during the period and is added to purchases when computing the cost of goods available for sale. Hence, option C is appropriate.

What does Ending inventory means?

Ending Inventory one of the foremost and most powerful mechanisms which is being needed for the cause of Economical purposes. This mechanism shows the variability in a product, i.e, it shows how much inventory or stock is left with the company.

Ending Inventory is calculated at the end of each year, this actually shows that over a year the products which are being sold and the profit which are being generated out of those products. the amount which is left with the company at the end of the fiscal year as stock is an Ending Inventory

Ending inventory includes the products the company will sell in the market and the cost of the product must be profitable for the company. Hence, option C is correct.

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True or false: if stock prices follow a random walk,
a. successive stock prices are not related.
b. successive stock price changes are not related.
c. stock prices fluctuate above and below a normal long-run price.
d. the history of stock prices cannot be used to predict future returns to investors.

Answers

true I think that is the answer to your question

The​ company, suppliers,​ distributors, and customers who open double quote partnerclose double quote with one another to improve the performance of the entire system make up the​ __________.
a. downstream network
b. marketing channel network
c. supply chain network
d. value delivery network
e. upstream network

Answers

The​ company, suppliers,​ distributors, and customers who open double quote partner close double quote with one another to improve the performance of the entire system make up the value delivery network.

For girls, the usual sequence of physical changes in puberty is _____. the growth spurt, menarche, and the beginning of breast development nipple growth, the growth spurt, and menarche menarche, the growth spurt, and the beginning of breast development the growth spurt, the beginning of breast development, and menarche

Answers

Answer:

a

Explanation:

Puberty in girls starts with the growth spurt, beginning of breast development ,nipple growth, and menarche.

What is Puberty?

Puberty may be described as the time in the life of any person when a boy/girl becomes mature. On an  average, girls begin puberty at ages 10 or 11 and complete puberty at age of 15 or 17; boys generally begin puberty at ages 11 or 12 and complete puberty at ages 16 or 17.

As a girl goes through puberty, she might notice her hands and feet to grow, and might feel a bit clumsy until the rest of your body catches up. The growing breasts may be uncomfortable, and the nipples may turn pink or brown, or grow hair occasionally. The major landmark of puberty for females is menarche, the onset of menstruation, which occurs  between ages 12 and 13.

Puberty may start at different ages, an overweight may start puberty before the age of 8 and an athletic or underweight may start puberty later. The puberty starts at the right time for our body and will go through these changes.

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MEDAL!
Which of the following is NOT an example of a local government?
a.
school districts
c.
neighborhood associations
b.
municipalities
d.
counties,

Answers

Counties, municipalities, and school districts are all governmental organizations that take in taxpayer dollars and utilize that funding to provide services for the collective benefit of residents of the relevant jurisdiction. While neighborhood associations may, at face value, appear to function in manners somewhat akin to governments, they are not vested with governmental authority, and thus are not considered to be governmental entities.

What are the ten main parts of a marketing plan?

Answers

1) Market Research - collect and organize data about the market you need to service
2) Target Market - find the correct market for your product or service
3) Product - know your product and how it relates to the customer base you are wanting to serve
4) Competition - know your competition and how you can be unique 
5) Mission Statement - combine above and write a statement about who you are selling to, what you are selling and how you are different from your competition
6) Market Strategies - what are your marketing and promotion strategies, consider a lot of options
7) Pricing, Positioning and Branding - combine above to establish strategies for pricing, positioning and having a well known brand.
8) Budget - budget what you can and can't afford in terms of advertising, outsourcing 
9) Marketing Goals - what are your goals and make sure you can put those into numbers (quantitate) 
10) Monitor Your Results - test and analyze, see what is working, fix what needs to be fixed

What are some of the roadblocks to economic development in west africa?

Answers

they have no clean water!

​________ refers to the assignment of​ value, or the amount the consumer must exchange to receive the offering or product.

Answers

The price of an item refers to the assignment of value, or the amount the consumer must exchange to receive the offering or product.

Whether you are purchasing a service or a good you are going to pay a price for that item. The price is determined by the organization as what the expect a consumer to willingly pay. The price is often determined by the value the service or good holds in the eyes of the consumer. 

Which of the following is an example of a non-penalized religious observance?

A) Allowing employees to wear culturally specific dresses

B) Allowing employees to take leave during religious holidays

C) Allowing employees to pray during work time

D) Allowing employees to promote religious beliefs

Answers

The correct answer would be option C.

Allowing employees to pray during work time.

Explanation:

Non penalized religious observance means, If someone practice his or her religion during the work hours, as it is compulsory in his/her religion to do so, at the place where he works.

So companies allow employees to pray during work hours which will be a non penalized religious observance for the employees.

For example, If there is a Muslim who works in an organization which is owned by the people of other religion, and if he offers his prayers during his work hours, then the company will respect his offerings and won't charge or penalize him on the observance of his religion during the office timings.

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Today's demand curve for gasoline could shift in response to a change in

Answers

oil prices?? tariffs?

Why is investing important in an economy?

A. prevents people from spending money on things they can’t afford

B. provides money for machinery, tools, and equipment for growth

C. offers interest rates that don’t change

D. carries no risk of loss

E. ties to the discount rate

Answers

I believe B. Provides money for machinery, tools and equipment for growth. Is correct.

Investing is important in an economy because it B. provides money for machinery, tools, and equipment for growth. When you invest in an economy, there is room for the economy to grow because they have the funds to buy items they need to expand. It's important to continuously invest in an economy just like it's important to reinvest in yourself and your business to keep growth up.

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Point P' is the image of P(3, 5), under a reflection across the y-axis. What are the coordinates of P'? From 1914 to 1916, u.s. intervention in mexico __________. select one:a. demonstrated the weaknesses of wilson's foreign policyb. led to the u.s. takeover of mexicoc. demonstrated that the united states could successfully use force to reorder the affairs of nationsd. was welcomed by the mexican people hurry........plz asap The owner of a bookstore predicts that over 50% of the books she sells each week are fiction books. To test this prediction, the owner randomly selects 150 books out of the total number of books sold for a week and records the type of each book. The table shows the results of samples taken for 2 separate weeks.Based on these samples, is the owner's prediction correct? Select from the drop-down menus to correctly answer the question.The owner's prediction is Correct/Not Correct . Based on the samples, about 17% of the books sold each week are fiction books. 35% 53% 70% Which of these blood samples most likely came from the left ventricle? The sum of all the minterms of a boolean function of n variables is equal to 1.(a) Prove the above statement for n=3.(b) Suggest a procedure for a general proof., What are similarities and differences between cells from different organisms? F(x)=x+2/2 what is the value of f(-8)A.-4B.-3C.-5D.-6 We tend to feel more sadness when we learn about one person's death on the news than we feel when we hear of thousands killed in a natural disaster. this is Can somebody help me with this homework is Italy in the eastern hemsphere or northeren please tell me the answer The following chemical equation is not balanced: C3H8 + O2 CO2 + H2O When this chemical equation is correctly balanced, what is the coefficient of the carbon dioxide molecule? Please help me with this question. I will give 10 points and brainliest :) I beg you! I need this right! A mutation causes a tomato plant to have much fewer, smaller leaves. Plants use their leaves to make food.Which best describes this mutation? HEEEEEEEEEEEEEEEEEELP!!!!!!!!please explain how to get to the answers ASAP A newborn foal stands up to nurse from its mother. Is this an example of an innate or learned behavior? A. innate B. learned Answer please anybody The first conflict between Texas colonists and Mexican troops became known later as the "Lexington of Texas." Mexican forces were ordered to take a small, brass cannon from the people in a Texas village. The Texans refused and defeated the troops from San Antonio who were sent to take it. Which of these is the name of this battle? What is the value of x? Please Answer pls find 5he area of each rectangle thxs