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

a.
An individual demand for an item will increase causing an upward slope.
b.
An individual demand for an item will decrease causing a downward slope.
c.
An individual demand will increase, causing the price to increase further.
d.
An individual demand curve will remain unchanged and price is never a factor

Answers

Answer 1

Answer:

b. An individual demand for an item will decrease causing a downward slope.

Explanation:

The law of demand states that when other factors are held constant, the price and demand have inverse relationship, which means that as one increases, the other one decreases. So in the case of the of your problem, as the price of an item increases, the demand will decrease (the opposite would be true as well).

So when you put it in a graph, the demand curve would be sloping downwards.


Related Questions

Large scale organisation meaning

Answers

Answer:

large scale organization is a company which has large manufacturing plants around the world, attends to a large amount of employees and is awesome and such

such as bhp billition

The circle graph shows information about Germany's labor force in 2011.
Germany, Labor Force by
Occupation, 2011
Agriculture
wIndustry
Services
Which statement most accurately describes Germany's labor force?
Most Germans are farmers.
Most Germans work in services
Most Germans work in factories.
Most Germans fish for a living.
pls help

Answers

If you look at the pie chart, you'll see the percentage of each sector.  You can see that Industry has about 1/4, Agriculture has less than 1/24th of the pie, and then finally, you'll see that service takes up majority of the pie chart; about 3/4th's of it.

With these observations, the answer should obviously be "Most Germans work in services."

Just gotta look at the chart fam

Answer:

Most Germans work in services  

Explanation:

B on edge 2020

The main disadvantage of a general partnership is

a.the unlimited liability of the partners
b.disagreement among partners
c.​​​​​​​shared management
d.difficulty of termination.​​​​​

Answers

Answer: The correct option is (a) The unlimited liability of the partners

Explanation:

The primary disadvantage of a general partnership is the unlimited liability of the partners. This means that each partner is jointly and individually responsible for the financial obligations of the collaboration.

Some of the drawbacks of a general partnership are as follows-

Shared Responsibility: Partners have to share the collaboration's profit and loss. The wrong actions of the one-part partner may hugely affect the association.Financial Risk: If the shared responsibilities are not taken care of, the financial assets may turn into financial risks.Decision Making: One partner should not decide without consulting the collaboration.

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When researching a career goal, it is probably most important to ask what __________ you will need for this career. A. shoes B. briefcase C. cell phone D. training

2b2t

Answers

Answer: D

Explanation:

The Answer is D. Training

Answer:

D

Explanation:

Did it on A P E X

A person who inherits a lot of money won't need financial literacy skills because he is already rich. A. True B. False

2b2t

Answers

Answer:

False

Explanation:

I believe that when you inherit money from a deceased relative, its wise to seek literacy.

Answer: B. False

Explanation: They will need financial literacy skills. This means that they learn how to manage their money. Many people have gone bankrupt because they don’t know how to spend money and not to waste it.

What is one of the disadvantages of getting a government-sponsored mortgage? A. Government mortgages involve more up-front fees than conventional mortgages. B. Government mortgages put a limit on the purchase price of a house. C. Government mortgages require the payment of higher taxes. D. Government mortgages allow the government to seize the property for public use.

2b2t

Answers

Answer:

B.Government mortgages put a limit on the purchase price of a house

Explanation:

One of the drawbacks of government-funded mortgage loans is that they limit the purchase price of the house. The government is responsible for lending and mortgage terms, so you have some control over what you owe. They provide not only control, but also a long-term process of financing state-financed mortgages.

Answer:

Government mortgages put a limit on the purchase price of a house.

Explanation:

APEX Verified

chemicals should be stored away from:​

Answers

Answer:

store acids in a dedicated cabinet. Nitric acid may be stored there also but only if it is kept isolated from all kinds..

The extent of an organization’s centralization or decentralization approach is determined by

Answers

Answer:

The correct answer would be, Levels or Layers of Hierarchy.

Explanation:

Centralization and decentralization are the concepts of business management. In Centralized organizations, decisions are made by the top management are are disseminated to the lower level management, whereas in the Decentralized organizations, decisions are made by management at every level.

The extent of an organization's centralization or decentralization can be determined by the levels or layers of hierarchy of an organization. The more the layers, higher would be the centralization, and Vice Versa.

Jonathan made his career planning timeline in 2009. In what year should Jonathan's timeline start? A. 2010 B. 2009 C. 2012 D. 2011

2b2t

Answers

Answer:

2009

Explanation:

From Financial Planning to Career Planning I'm sure; if you are going to establish a plan once it is established it should be implemented unless there is a valid reason to defer the start date. Why not implement the moment the plan is made or solidified? Just my experience.

Jonathan made his career planning timeline in 2009 and so his timeline should start in 2009.

What do you mean by career planning timeline?

A career planning timeline is made by an individual as this timeline enhances your career preparation and helps you stay on track. This timeline also supplies a checklist of helpful actions which assures greater success in achieving your milestone.

Why should Jonathan's timeline start in 2009?

Jonathan can be an effective planner and in order to be that, he should start his timeline the very exact day he started planning and conceiving his plans, and that is in 2009.

In this way, Jonathan will be able to do the things which he wanted to do and together with that he will also be able to carefully monitor his growth now and then and make any changes as soon as he can, before he is too late.

Thus, as Jonathan made his career planning timeline in 2009. He should start planning in 2009.

Hence, option B is correct.

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Which factor should be most important if you are considering purchasing a new video game?
the number of games available for purchase
the quality of the games produced by that manufacturer
the popularity of the video game with your friends
the other things you could do with your money instead
Save and Exdt
Nest​

Answers

Answer:

The correct answer would be B, The quality of the games produced by that manufacturer.

Explanation:

If you are considering the purchase of a new video game, the most important thing that should be considered is to make sure that the quality of the games produced by that manufacturer are the best. Other features are secondary. If quality of the games is high, you are most likely to purchase other games of the same manufacturer. Popularity of the game, or number of games available for purchase come at the secondary place. Quality of the product should be the first priority while purchasing the product.

Answer:

The correct answer on Ed is D. the other things you could do with your money instead.

Explanation:

Which of the following careers require 1: a high school diploma or 2: a bachelor’s degree as the minimum educational qualification?

A) Tax Accountant
B) Insurance Agent
C) Real Estate Agent
D) Financial Planner

Answers

Hello!

Answer:

A) A Tax Accountant requires a bachelor's degree as the minimum educational qualification.

B) An Insurance Agent requires a high school diploma as the minimum educational qualification.

C) A Real Estate Agent usually does not require a diploma or bachelor's as the minimum educational qualification.

D) A Financial Planner requires a bachelor's degree as the minimum educational qualification.

Have a fabulous day! :)

Final answer:

A Tax Accountant and a Financial Planner typically require a bachelor's degree, while an Insurance Agent and a Real Estate Agent may only need a high school diploma. The value of a high school diploma has declined, making post-secondary education more important for improved earning potential.

Explanation:

Understanding the minimum educational qualifications for a given career is essential since education level significantly influences career opportunities and potential income. When considering the listed professions:

A Tax Accountant typically requires at least a bachelor's degree in accounting or a related field.An Insurance Agent may only need a high school diploma, but some employers may prefer candidates with a bachelor's degree.A Real Estate Agent also often requires just a high school diploma and a state-specific real estate license.A Financial Planner generally needs a bachelor's degree, particularly those who wish to be certified.

The Bureau of Labor Statistics (BLS) has reported that the value of a high school diploma has declined in the modern job market, and the majority of jobs now require at least some post-secondary education. The increasing need for a bachelor's degree is reflective of higher wages and the greater opportunity to consume goods and services. This growth in demand for higher education is also contributing to income inequality, as jobs that offered a middle-class income to workers with only a high school diploma have become scarce.

Robert has just selected a new laptop and is ready to checkout. The laptop is
priced at $450 and the state sales tax is 5%. What is the total for this
purchase?

Answers

Answer:

472.5

Explanation:

450 x .05 = 22.5

450 + 22.5 = 472.5

The total for Robert's purchase for his laptop will be $472.5

What is sales tax?

A fee is assessed on the sale of products and operations that is often estimated as a fraction of the market price and is paid mostly by vendors. Whenever you buy products and services, most states and municipalities levy a sales tax, which is a tax levied on expenditure.

The price of the laptop was $450

Upon that there was additional state sales tax was applied whose rate was 5%

The amount of sales tax that he has to pay will be 5% of 450

450 x .05 = 22.5

Therefore sales tax will be $22.5

Now, the total amount that Robert has to pay for the laptop will be determined by adding the purchase price and the state sales tax.

450 + 22.5 = 472.5

Thus, the price that Robert has to pay for his new laptop at the time of purchase will be $472.5

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A long-term goal taking __________ years to achieve can be broken down into shorter-term goals, each taking __________ years to achieve. A. 5; 15 B. 5; 30 C. 15; 5 D. 15; 30

2b2t

Answers

Answer: C. 15;5

Explanation: The answer is C. 15;5 because a long-term goal has to take longer than the short-term goal. In other words, the first number has to be bigger than the second number.

The correct answer is C. 15; 5

Explanation:

A long-term goal refers to an aim or objective that takes a long time to be achieved because it implies a long process with multiple steps and shorter-term goals. Examples of long-term goals include buying a house or apartment, getting a postgraduate degree or creating your own business. Additionally, these goals are only possible if you achieve shorter-term goals that are part of the process, these goals require less time to be achieved. For example, while buying a house or apartment might take you 5 years or more, creating a plan to save money (short-term goal) can take you only a few months.

According to this, a long-term goal taking 15 years can be broken down into short-term goals that take 5 years to achieve, considering the long-term goal always lasts more than the short-term goals and this the only option that follows this rule.

Which of the following measures help prevent contamination in self-service areas?



a. Display cases.

b. All of these answers are correct.

c. Sneeze guards.

d. Pre-wrapped eating utensils

Answers

Answer:

b. All of these answers are correct.

Explanation:

covering items and putting a barrier between any contaminate and self service items help prevent the spread of contamination

B. All of these answers are correct, in that they all possess the ability to control contamination.

Rural Internet access, with one dominant provider that faces very little competition, is a good example of – market. It functions as –. By contrast, a flea market or swap meet, where – buyers and sellers get together to conduct transactions, is an example of – market. No single – exerts – control over prices.

Answers

Answer:

The correct answers would be Imperfect market, Monopoly, Many, Competitive Market, Buyer or Seller, Significant.

Explanation:

Rural Internet Access, with one dominant provider that faces very little competition is a good example of Imperfect Market. It functions as Monopoly. By contrast, a flea market or swap meet, where many buyers and seller get together to conduct transactions, is an example of Competitive Market. No single Buyer or seller exerts significant control over prices.

Which one of these will most likely require a specialized inspection?
Mold
Roof
Windows
Interior
Structural components

Answers

The answer to that is roof

The structural components will most likely require a specialized inspection.

Inspection is vital in quality control. Inspection simply means the measurement and testing of products to ensure that it conforms to the requirements.

In this case, the structural components will require a specialized inspection. A structural engineer can be called upon to check if the structures are properly placed and meet the requirements.

In conclusion, this is vital in ensuring that the building is strong and doesn't fall.

Therefore, the correct option is E.

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What is the main idea that President Clinton tries to
communicate in this quotation?
The global economy is giving more of our own people and
billions around the world the chance to work and live and
raise their families with dignity. But the ... expansion of
trade hasn't fully closed the gap between those of us who
live on the cutting edge of the global economy and the
billions around the world who live on the knife's edge of
survival. This global gap requires more than compassion;
it requires action.
---President Bill Clinton
January 18, 2001
Free trade creates unrestricted benefits for every
nation that participates.
Free trade is beneficial, but steps must be taken to
protect the needy.
Free trade does not provide benefits to participants.
The expansion of trade has created prosperity for
everyone.

Answers

Answer:

(B) Free trade is beneficial, but steps must be taken to protect the needy.

Free trade is beneficial, but steps must be taken to protect the needy, is the speech given by -President Bill Clinton January 18, 2001.

Why was Bill Clinton so famous?

Clinton presided over the country's longest stretch of economic expansion during a period of peace.

His health-care reform plan failed to pass, but he signed the North American Free Trade Agreement and the Violent Crime Control and Law Enforcement Act into law.

Thus, option B is correct.

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Which of these protects customers who purchase defective products? A. A boycott B. A warranty C. Shopper's insurance D. Mediation

2b2t

Answers

Answer:

Explanation:

If there is a warranty, that will be a shoppers protection providing it is not a recall situation. Shopper's Insurance in Canada at least, does not exist.

Unless it is a class action suit, there is no need for mediation.

Boycotts are generally not used in the situation you have described.

A warranty protects customers who purchase defective products by guaranteeing repair or replacement, serving as a critical consumer safeguard, particularly in situations where prefatory product inspection isn't possible.

The question asks which of these options protects customers who purchase defective products. The answer is B. A warranty. A warranty is a guarantee from the seller to the buyer that if the product turns out to be defective, it will be repaired or replaced. This promise is especially crucial in transactions where the buyer cannot inspect the goods before purchase, such as online shopping or through mail-order catalogs. A warranty provides a form of protection for consumers against products that fail to meet quality and performance standards. Such a promise is valuable only if the seller remains accessible and willing to honor this commitment when a claim is made.

The most popular view of who or what is responsible for our actions is known as:

0 theological determinism.

o behavioral determinism.

0 indeterminism.

0 free will.

Answers

Answer:

Currently, it can be said that the trend is leaning more to (D) free will.

Explanation:

Free will is defined as the belief that humans have the ability to choose what actions they will undertake. It is generally seen as the opposite of determinism – where the proponents of this belief states that everything that occurs in the universe happen by design; including humans – whatever actions are done by people, are fated to proceed in the manner that it does. Several types of determinism include behavioral and theological – however, nowadays, free will beliefs are more popular than either two.  

A person who can afford a monthly payment of __________ and signed a mortgage with a monthly payment of __________ was most likely the victim of predatory lending. A. $900; $800 B. $900; $1000 C. $900; $700 D. $900; $900

2b2t

Answers

Answer: B. $900; $1000

Explanation: This would be the answer because you are spending more than you can afford to pay, and are likely being the victim of predatory lending.

A person who can afford a monthly payment of $900 and signed a mortgage with a monthly payment of $1000 was most likely the victim of predatory lending. Thus, option B is correct.

What is a mortgage?

A mortgage gives the creditor the right to take possession of your property in the event that you are unable to repay the loan amount plus interest.

In predatory lending, the person is taking the help of unfair means and practices like wrong documents and deceiving you to spend more money on something.

Like here in this question, the person has only the budget or the capacity to afford $900 only, but that person is spending $100 more for the mortgage that bringing him up to $1000, this is a clear state of predatory lending. Therefore, option B is the correct option.

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What does liability insurance cover? A. Medical bills for yourself and anyone else in your car in case of an accident B. The bills for yourself and your car if someone without insurance caused the accident C. The repair of damage caused to your car when someone else was at fault in the accident D. The medical and car repair bills for anyone else involved in an accident you caused

2b2t

Answers

Answer:

D. The medical and car repair bills for anyone else involved in an accident you caused .

Explanation:

Liability insurance covers the medical and car repair bills for anyone else involved in an accident you caused .

Final answer:

Liability insurance covers the medical expenses and property damage of other parties if you are at fault in a car accident. It does not cover your own expenses or car repairs, for which other types of insurance are available.

Explanation:

Liability insurance primarily covers the medical and car repair bills for anyone else involved in an accident that you caused. Coverage A, known as Liability Coverage, is a critical component of auto insurance and by law, it is designed to pay for damages and bodily injury to another party if you are at fault in an accident. It does not cover medical bills for yourself or anyone else in your car, nor does it cover your own car's repairs if someone else is at fault. However, other types of coverage, such as Uninsured or Underinsured Motorist Coverage (Coverage C), are available to protect you if the at-fault driver lacks insurance, and Collision and Comprehensive Coverage can be added to cover damages to your own car under various circumstances.

Your career goals might help determine the postsecondary educational institute you attend.
True
False​

Answers

Answer:

true

Explanation:

What you do now or what your planning on doing can always determines what you can possibly do next. But you have to make sure your not doing or posting anything bad on the internet or else they won't hire you.

Which of these can most easily be removed from a budget if spending is higher than income? A. Fixed expenses B. Discretionary spending C. Insurance payments D. Utility bills

2b2t

Answers

Answer:

B discretionary spending

Explanation:

Discretionary spending is the easiest to remove from a budget when spending exceeds income because it covers non-essential items that can be adjusted. The correct answer is option B. Discretionary spending.

The element of a personal budget that can most easily be removed or reduced if spending is higher than income is B. Discretionary spending. Discretionary spending includes non-essential items such as dining out, entertainment, and luxury purchases. These expenses are variable and can be adjusted based on financial needs. In contrast, fixed expenses, insurance payments, and utility bills are typically mandatory and consistent, making them harder to modify on short notice.

shortage is _________?

Answers

Answer:

a state or situation in which something needed cannot be obtained in sufficient amounts.

Explanation:

Answer: a situation in which quantity demanded is greater than quantity supplied

Explanation:

Simplify:

a. (-18x2y)/(3x)

b. (x-4) (x-1) - 4(x-3) (x+2)​

Answers

Answer: (a) -12y (b) -3x^2-x+28

Explanation: Sorry I need to go so I can't finish the explanation, hope this helps!!!

Answer:

a. -12y  

b. -3x^2 - x + 28

Explanation:

a. The expression:

(-18x*2y)/(3x)

can be simplified computing the division, that is, dividing -18*2 by 3 (which is equal to -12) and dividing x*y by x (which is equal to y). Then, the result is -12y.

b. To simplify the expression:

(x-4)*(x-1) - 4*(x-3)*(x+2)​

first, use the distributive property as follows:

(x-4)*(x-1) = x^2 - x - 4x + 4 = x^2 - 5x + 4

4*(x-3)*(x+2)​ = (4x - 12)*(x+2)​ = 4x^2 + 8x - 12x -24 = 4x^2 - 4x - 24

Then replace in the original expression:

x^2 - 5x + 4 - (4x^2 - 4x - 24) =

= x^2 - 5x + 4 - 4x^2 + 4x  +24 =

= -3x^2 - x + 28

Given Yolanda's timeline below, which of the following events would prevent her from achieving her career goal on time as planned? A. Failing the test for a state license B. Applying for vocational school C. Graduating high school on time D. Getting a bad haircut

2b2t

Answers

Answer:

Failing for the test for a state license

Explanation:

Answer:

A. failing the test for state license

Explanation:

if she fails state licence she cant achieve her goal on time

An individual employee’s job performance is measured as

Answers

Answer:

An individual employee’s job performance is measured as skills and appreciation.

Answer:

The correct answer would be, Abilities and Motivation.

Explanation:

An individual employee's job performance is measured as Abilities and Motivation.

Employee's performance is the ability of an employee to do the work efficiently and accurately plus the motivational level he possesses in order to perform his job. So when an employee's performance is measured, his abilities and motivation towards his work is measured. This gives an insight into employee's true measurement of performance. The higher the abilities of an employee to do his job and the higher motivational level, greater will be his performance and vice versa.

Which of these is one way that credit cards differ from debit cards? A. With a credit card, you never have to pay any fees. B. With a credit card, you earn interest on all of your purchases. C. With a credit card, you pay later for something you buy. D. With a credit card, you get instant access to your savings account.

2b2t

Answers

Answer:

B. With a credit card, you earn interest on all of your purchases.

Explanation:

One way that credit cards differ from debit cards are with a credit card, you earn interest on all of your purchases.

The best options is C, With a credit card, you pay later for something you buy.

Evaluate
2a + 4b
or a = -2 and b = 3​

Answers

Answer:

8

Explanation:

2a + 4b

for a = -2 and b = 3​

Substitute -2 in for "a" and 3 in for "b"

2*(-2) + 4*(3)

2*-2 = -4 and 4*3 = 12

-4 + 12 = 8

Ans: 8

use the substitution method

2a+4b

2(-2)+4(3)

When Multiplying a positive number and negative number= negative number

-4+12

= 8

Answer is 8

which of these options for saving money offers the most liquidity? A. A piggy bank B. A savings bond C. A money market account D. A basic savings account

Answers

Final answer:

A basic savings account typically offers the most liquidity as they allow for easy and frequent access to funds, offer security through FDIC insurance, and have minimal restrictions on transactions.

Explanation:

When it comes to choosing the option for saving money that offers the most liquidity, the key is to look at how quickly and easily you can access your funds. Piggy banks, while very accessible, are not interest-bearing and lack the security provided by a financial institution. Savings bonds often have a minimum term before they reach full value, making them less liquid. Money market accounts and basic savings accounts both offer safety and earn interest; however, money market accounts typically have higher minimum balance requirements and may have limited transaction capabilities. Therefore, basic savings account options typically offer the most liquidity, as they allow for easy access to funds, have very few restrictions, and are protected up to $250,000 by the FDIC.

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