It is the quantity of a certain commodity that is bought at a certain price at a given place and time. a. producer goods b. consumer goods c. demand d. necessities
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It is the quantity of a certain commodity that is bought at a certain price at a given place and time.
a. producer goods
b. consumer goods
c.
d. necessities
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- Bread and butter are Substitute goods True/FalseNeed answers ASAP... The amount of income from an enterprise that obtained through the sale of finished products depends on a. kind of products b. all of these c. the quantity which can be sold d. selling priceEach week a person buys 4 units of good A, 5 units of good B, and 6 units of good C. Inweek 1 the prices of the three goods (in A, B, C order) were ($2, $3, $4). In week 2 the prices of the three goods were ($2.05, $2.90, $4.20) The percentage change in the cost of the basket of goods was
- Bob's Candy Store provides candy for sweets-loving locals. It employs Susan, who works the day shift, and Terry, who works the night shift. Is Bob's Candy Store a buyer (demander) in the market for factors of production or goods and services? In this market, does the money flow from household's to Bob's Candy store or from Bob's Candy Store to Susan and Terry?Please no written by hand solutions For a demand schedule, which of the following is held constant? a. relative prices b. nominal prices c. quantity demanded d. quality of the goodWhen the price of goods X = IDR 10, the quantity demanded is 5. When the price of goods X = IDR 15, the quantity demanded is 7.True/false?
- Fountain pen and ink are Substitute goods. True/FalseExplain how an increase in income would affect demand for an inferior good and explain why giving an example?Question: Which of the following factors don’t affect the demand for a commodity?[A] Price of commodity[B] Income of individual consumer[C] Want of the consumer[D] Price of related goodPlease Dont use AI tool.
- Explain the key ingredient : The demander should have the purchasing power to buy that good or service.1. These are factors affecting the supply to increase and decrease, except one. A. Technology C. Producers Tastes B. Producer Preferences D. Consumer preferences 2. These are factors affecting the demand to increase and decrease, EXCEPT one. A. Raw materials C. Consumer Tastes B. Producer Preferences D. Price of related goods1. In the labor market, the demand for labor represents A)The number of hours indivduals wish to work at all wages levels B)The number of hours of labor employers wish to employ at all wages levels C)The hours of overtimes workers are willing to work D)The number of employers in the market