Sign In
Ask Question
Kaylin Ryan
Business
15 February, 04:21
The law of demand is the assertion that ... ?
+4
Answers (
1
)
Jared Pacheco
15 February, 04:25
0
The quantity of a demanded product is inversely proportional to its price.
Simply put, the law of demand says that when prices go UP, demand goes down and when prices go DOWN demand goes up.
Comment
Complaint
Link
Know the Answer?
Answer
Not Sure About the Answer?
Find an answer to your question 👍
“The law of demand is the assertion that ... ? ...”
in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
10. When are adjusting entries entered? Question 10 options: At the beginning of the accounting cycle At the end of the fiscal year At the beginning of the fiscal year At the end of the accounting cycle
Answers (2)
On November 1, 2016, Jamison Inc. adopted a plan to discontinue its barge division, which qualifies as a separate component of the business according to GAAP regarding discontinued operations.
Answers (1)
Who is the owner of Tata motors?
Answers (1)
A useful economic model: a. utilizes only the two most important factors to analyze the problem under consideration. b. generates statements that are incapable of refutation. c. represents every detail of the real world. d.
Answers (1)
A tornado that destroys property would be an example of which of the following?
Answers (1)
New Questions in Business
Han Corp's sales last year were $440,000, and its year-end receivables were $52,500. The firm sells on terms that call for customers to pay 30 days after the purchase, but some delay payment beyond Day 30.
Answers (1)
During May 2020, a company spend $14,000 on ordinary maintenance of its delivery trucks. These maintenance costs should have been recorded as debits to 'Maintenance Expense' but the company mistakenly capitalized these costs instead.
Answers (1)
Greyon spinning Mills Inc. owns 600 spinning machines out of these, only 500 are used in a given year. Given this information, the utilization of spinning machines at Greyon Spinning Mills Inc. is ___. A. 1 B. 0.83 C. 1.2 D. 0.75
Answers (1)
The firm that allows customers to select from a variety of standard options to create the service or product of their choice is practicing Group of answer choices none of the above. postponement. channel assembly. mass customization.
Answers (1)
Which of the following statements is true? a An increase in the money supply lowers the equilibrium rate of interest. b The supply of money curve is downward sloping. c The supply of money curve is a horizontal line.
Answers (1)
Home
»
Business
» The law of demand is the assertion that ... ?
Sign In
Sign Up
Forgot Password?