You and a friend go clothes shopping and find a great pair of jeans. They fit you perfectly, but they also cost $100. You are willing to buy them, but you only have $50 in your wallet to spend on new clothes. Your friend likes the jeans and has the money to buy them. The jeans would count as a demand for _____.

A.) you, because you are willing to buy them and they fit you perfectly

B.) your friend, because he likes the jeans and has the money to buy them

C.) both of you, because you both like the jeans

Answers

Answer 1

Although you both like the jeans and would love to purchase them, only one of you has the money to actually purchase the jeans. Therefor, the answer is B. your friend, because he likes the jeans and has the money to buy them. Retailers only 'care' about the person actually making the decision to purchase and use the product. If one person does not have the money to purchase it, they don't really need to make sure that person is in demand for it.

Answer 2

You and a friend go clothes shopping and find a great pair of jeans. They fit you perfectly, but they also cost $100. You are willing to buy them, but you only have $50 in your wallet to spend on new clothes. Your friend likes the jeans and has the money to buy them. The jeans would count as a demand for your friend because he likes the jeans and has the money to buy them. The correct option is B.

What is meant by demand?

Demand simply refers to a consumer's eagerness to purchase goods and services and pay the price for them. Simply put, demand is the number of goods that customers are ready and willing to purchase at various prices during a given time period.

Demand is an economic concept that refers to a consumer's desire to buy goods and services as well as his or her willingness to pay a specific price for them. When the price of a good or service rises, the quantity demanded decreases.

Thus, the ideal selection is option B.

Learn more about Demand here:

https://brainly.com/question/14456267

#SPJ2


Related Questions

Merchargy is a firm that supplies garments to apparel stores. Merchargy discovered that one of its customers, apricoress, a large apparel store, had been selling the products sourced from merchargy at exorbitant rates. As this was a violation of their trade contract, merchargy filed a suit against apricoress on the grounds of fraud and won the case. Apricoress incurred huge losses because of the compensation it had to pay merchargy. In the context of the general environment, this scenario best illustrates the effect of the _____ on organizations.

Answers

In the context of the general environment, this scenario best illustrates the effect of the "legal component" on organizations.


The general environment is the bigger environment inside which the errand condition is implanted. It incorporates political and legitimate powers, macroeconomic powers, statistic powers, sociocultural powers, innovative powers, and global powers. Components in the general condition affect the association through the medium of the task environment.  

The general environment helps shape the errand condition, in this way deciding the greatness of the openings and dangers facing the association. The general condition is less simple to shape than the errand condition, however it is no less critical.

Final answer:

The scenario best illustrates the effect of legal factors on organizations, as seen when Merchargy successfully sued Apricoress for fraud, leading to financial losses. Similar legal challenges have impacted firms globally, from supermarkets in Europe to international cartels in the vitamin industry, signifying the importance and impact of legal compliance on businesses.

Explanation:

The scenario provided illustrates the effect of legal factors on organizations. When Merchargy sued Apricoress for fraud and won, this demonstrated how a breach of contract and fraudulent activities can lead to legal actions, resulting in significant financial consequences for the violating party. Cases in France with hypermarkets like Carrefour and in England with Asda also highlight how legal challenges can arise when firms engage in anti-competitive practices or violate agreements.

Moreover, the international prosecution of cartels, as seen with firms like Hoffman-La Roche, BASF, and Rhone-Poulenc in the vitamin industry, underscores the global scope and serious repercussions that come with such legal breaches. Regulatory bodies across markets can cooperate to impose heavy fines and penalties, and in some cases, even jail time for executives. This reflects the importance of adhering to legal standards and the potential for legal factors to shape market dynamics and the operations of firms.

PLEASE HELP WILL GIVE BRAINLIEST TO CORRECT ANSWER

Based on the chart below, what is the year 2 nominal GDP?

A.$14,850
B.$24,000
C.$15,600
D.$8,400

Answers

Answer: The nominal GDP in year 2 is $24,000 (Option B).

The nominal GDP is value of all goods and services produced in a given year. It is calculated using the prices that are prevailing in the relevant year.

In this case we calculate the nominal GDP by first find the product prices prevailing in year 2 and the output in year 2.

Product    Year 2 Price - P2      Year 2 Quantity - Q2 P2 * Q2

Laptops               1000                          18                           18000

Desktops        300                          20                             6000

Total                                                                     24000

What is the meaning of confidence?
A. Being arrogant
B. Having the courage to make decisions
C. Helping your teammates
D. Being sincere

Answers

B Having courage to make decisions
Having the courage to make decisions
Other Questions
As Christian walked toward the stage to give his speech, his heartrate accelerated, his blood pressure rose, and he began to sweat. His state of arousal was activated by what part of the nervous system? a) Centralb) Sympatheticc) Peripherald) Parasympathetic The inscription on the Lincoln Memorial comes from which document?the Gettysburg Addressthe Declaration of Independencethe Emancipation Proclamationthe Bill of Rights Adam currently runs about 20 miles per week,aND he wants to increase his weekly mileage by 40% How many miles will Adam run per week Match the following items with the influence each had on the factory system. 1.enabled building of factory away from rivers; powered machines steam power 2.developed system of interchangeable parts; increased production Eli Whitney 3.made putting together of goods piece by piece; increased production greatly steel 4.provided a tough, efficient building material for industrial purposes assembly line Help with this question please! 12) The radius of a sphere is 7 in. What is the sphere's volume? Round to the nearest tenth, if necessary. A)723.2 cm3 B)1436.8 cm3 C)1868.2 cm3 D)2052.5 cm3 Evaluate |-6| + 3|4| + |-5| - 0 6. All of the following are indicators of low social welfare except __________. A. high infectious disease rates B. inadequate sewer systems C. high literacy rates D. large numbers of child laborers Please select the best answer from the choices provided. A B C D In which of the following scenarios is chemical energy being transformed into thermal energy? aA lions temperature increases as it uses the energy it gets from its prey bA fish is able to swim using the energy it gets from eating plants cA squirrel uses the energy in seeds to build structures in its body dA tree captures sunlight to produce the sugars it uses for food the low temperature yesterday was -5 degrees F. the temperature rose as many degreese above zero as the low temperature was below zero to reach the high temperature. wich expression could be used to find the number of degrees between the low and high temperatures? A. 0-5B. -5+5 C. 5+5 D. -5+0 determine the percent change between $7.50 and $9.00 Jamie has to enter the names, grades, and scores of a group of students into a worksheet. Which option will Jamie use to describe the data?A.labelsB.graphsC.numbers D.formulas _____ intake is essential in the prevention of heat related injuries Which property remains unaffected during the rock cycle? A) Texture of the rock B) Mass of the material C) Structure of the rock D) Composition of the minerals 4) Which of these statements would support the claim that digitized signals are a more reliable way to transmit information? A) Analog signals often pick up extraneous information. B) Analog signals can be recorded using magnetic devices. C) Digitized signals can be stored on small computerize devices. D) Digitized signals do not lose information even as they get weaker. 5) You have a small piece of iron at 75 C and place it into a large container of water at 25 C. Which of these best explains what will occur over time? A) The iron will cause the water to boil and turn to steam. B) The iron will take the heat from the water and get hotter. C) The water will cool significantly due to its colder temperature. D) Some heat from the iron will move to the water causing both to change temperatures. a bloated corpse was found in the woods with no ants how many days was it there Jo gets angry at herself when it starts to rain in town. What is she most angry about?A.She just did her hair up.B.She forgot an umbrella.C.She got lost.D.She wandered into part of town just to try to see Proffessor Bhaer. (1) I have always enjoyed nature and spending time outdoors. (2) Last fall, I was taking one of my regular nature hikes when I realized how much my friends and family would enjoy the beautiful scenery that surrounded me. (3) I wanted to share the beauty of the outdoors with others. (4) When I spoke to my parents, they suggested that I take a photography class so that I could take pictures to share with friends and family. (5) I thought my parents' idea was wonderful, so I enrolled in an evening photography class. (6) In the class, I learned how to focus my camera. (7) I also learned how to choose what to photograph. (8) After each class, I took my camera and went for a walk. (9) While I walked, I photographed trees, flowers, birds, and more. (10) When I compared the photos, I noticed that they improved each week. (11) After my final class, I took pictures of a stream, a cardinal, and a snow-covered tree. (12) With the help of my photography teacher, I printed the pictures and put them in frames. (13) I hung the photographs in my bedroom. Which of these BEST concludes the story?A)I may take a music class because I enjoyed the photography class so much.B)My teacher told me that I should be proud because my photos are wonderful.C)Now, I share my photographs with friends and family when they visit my house.D)I am tired of carrying my camera with me, so I will no longer take photographs. Which numbers are 3 units from 6 on this number line?Drag and drop all of the numbers that are 3 units from 6 to their correct position on the number line. find two consecutive odd numbers whose sum is 144 Which verb form best completes this sentence?Yo __ los lunes, miercoles y viemes.A) Trabaje B) Tabajamos C) trabajabamosD) Trabajaba