Which of the choices illustrates the law of demand

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Answer 1

A statement which best illustrates the law of demand is: (d) Sue wants to buy more candy bars at $1 than at $2.

What is the law of demand?

The law of demand is an economic theory which states that there exist a negative relationship between the price of a product (good) and the quantity of the product (good) that is being demanded by consumers.

This ultimately implies that, there would be a significant decline (fall) in the demand for a product (good) and service when the price of a product (good) and service in the market increases (rises).

In this context, we can infer and logically deduce that a statement which best illustrates the law of demand is stating that Sue wants to buy more candy bars at a price of $1 rather than at price of $2.

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Complete Question:

Which of the choices illustrates the law of demand?

(a) Kathy offers for sale more candy bars at $2 than at $1.

(b) Joe wants to buy more candy bars at $2 than at $1.

(c) None of the choices.

(d) Sue wants to buy more candy bars at $1 than at $2.


Related Questions

A nurse is teaching a client who is about to start therapy with alendronate (Fosamax) to treat osteoporosis. Which of the following adverse effects should the nurse instruct the client to report

Answers

The adverse effect that the nurse has to instruct this patient to report would have to be joint pain.

What is  osteoporosis?

This is the ailment that people usually suffer due to the fact that their bones have become brittle. The bone becomes fragile because their is a lack of calcium as well as vitamin D.

The human body is usually known to replace certain bone tissues. When an individual has this type of condition, what it means is that they would not be able to keep up with the replacement of old bone tissues when new bone is created.

This ailment does not have any cure. The management has to come from eating and maintaining a healthy diet as well as exercising properly to prevent weak bones and also strengthen your bones.  Calcium supplements would also be a way of taking care of the issue.

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A limit of 10 scenes can be added to a tour.

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A limit of 10 scenes can be added to a tour: True.

What is a 3D Maps tour?

A 3D Maps tour can be defined as a software program which is designed and developed to show a time-based relationship that exist between geographic locations and their associated data such as:

Population numbersDegree of temperature (highs or lows).Flight arrival delays.

In a 3D Maps tour, tours and scenes are typically used to save the 3D Maps visualizations of a data set and as many tours as needed can be created in a workbook.

However, an end user can add a limit of 10 scenes to a tour depending on the situation and data.

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Sunny runs at a steady rate, and Moonbeam runs times as fast, where is a number greater than . If Moonbeam gives Sunny a head start of meters, how many meters must Moonbeam run to overtake Sunny

Answers

A sample that can be used to show the speed and distance between Sunny and Moonbeam is given below.

Calculations and Parameters

If Sunny runs twice as fast as Moonbeam

Given the assumed data:

Sunny's speed = 12m/h

Moonbeam's speed= 6m/h

Therefore, if they run for 2 hours, Sunny would have covered 12 * 2 = 24 miles

While Moonbeam would have covered 6 *2 = 12 miles in the same 2 hours.

This given illustration shows that given that all parameters are equal, except the x2 speed of Sunny to that of Moonbeam, he would always be 2x faster than Moonbeam.

If they run for 4 hours, Sunny would have covered 12 * 4 = 48 miles

While Moonbeam would have covered 6 *4 = 24 miles in the same 4 hours.

Note that your question is incomplete so a general overview was given.

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Your colleague works at a third-party marketing organization (TMO) and she said she did not need to take the Medicare training for brokers and

Answers

You could tell her she is wrong, and that only agents selling Employer/union group plans are permitted an exemption from testing, but some employer/union group plans may require testing to promote agent compliance with CMS marketing requirements.

What is the advice for a Medicare colleague?

Since she works at a third-party marketing organization (TMO) and she said she did not need to take the Medicare training for brokers

We could tell her she is wrong, and that only agents selling Employer/union group plans are permitted an exemption from testing, but some employer/union group plans may require testing to promote agent compliance with CMS marketing requirements.

Complete question is;

Your colleague works at a third party marketing organization, TMO and she said she did not need to take the Medicare training for brokers and agents or pass a test to market Medicare plans since her contract is with the TMO, not the plans that have the products she sells.

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Televix is a firm that produces televisions. Suppose Televix sells its televisions to retail stores for $810 each and requires those retailers to charge customers at least $840 for each television.

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If Televix sells its televisions to retail stores for $810 each and requires those retailers to charge customers at least $840 for each television, this is known as:

Resale Price MaintenanceWhat is Resale Price Maintenance?

Resale price maintenance is the amount agreed upon by a retailer and wholesaler to sell a product.

The producer believes that the set amount is a fair amount to sell the material. This is the case with Televix and television retailers.

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Suppose a relative has promised to give you $1,000 as a wedding gift the day you get engaged. Assuming a constant interest rate of 5%, consider the present and future values of this gift, depending on when you become engaged.

Answers

The present value and future value for the missing gaps in the table are; As gotten below

How to find the present value of an investment?

The given table is as follows;

                           Present Value Value in One Year Value in Two Years

Date Received  (Dollars)                  (Dollars)                 (Dollars)

Today                  1,000.00                  ?                       ?

In 1 year                   ?                 1,000.00                          ?

In 2 years                 ?           1,000.00                         ?

Let us find the value in one year today from;

FV1 = PV + PV(i)

FV1 = PV(1 + i)

FV1 = 1000(1 + 0.05)

FV1 = $1050

Let us find the value in two years today from;

FV2 = FV1 + FV(i)

FV2 = PV(1 + i)

FV2 = 1050(1 + 0.05)

FV2 = $1102.5

Let us find the present value in 1 year;

PV1 = FV_n(1/(1 + i)ⁿ)

PV1 = 1000(1/(1 + 0.05)¹)

PV1 = $950

Let us find the present value in 2 years;

PV2 = FV_n(1/(1 + i)ⁿ)

PV2 = 1000(1/(1 + 0.05)²)

PV1 = $907.3

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A little known fact is that both Robinson Crusoe and Friday wore eyeglasses. As it so happens, Robinson Crusoe was farsighted while Friday was nearsighted. Whose eyeglasses did they use whenever they wanted to start a fire by focusing the sun's rays

Answers

If Robinson Crusoe was farsighted while Friday was nearsighted. The eyeglasses that  they use whenever they wanted to start a fire by focusing the sun's rays is that of Robinson Crusoe's.

Robinson Crusoe

Robinson Crusoe was the main character in the novel  Robinson Crusoe which was written by Daniel Defoe.

Robinson Crusoe and Friday often wore eyeglasses in the novel in which Robinson Crusoe was  farsighted because he can he see object that are far or distance object clearly while Friday was nearsighted as he can see far object but can only see near object or object that are closer to him.

Hence the eyeglasses that  they use whenever they wanted to start a fire by focusing the sun's rays was Robinson Crusoe eyeglasses.

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A multi-national corporation wants to get expert professional advice on migrating to AWS and managing their applications on AWS Cloud. Which of the following entities would you recommend for this engagement

Answers

The entity that I would you recommend for this engagement is APN Consulting Partner

What is Cloud Computing?

This refers to the availability of system resources that can be accessed from anywhere and is stored in the cloud.

Hence, we can see that based on the fact that the multi-national corporation wants to get professional advice on how to move their apps through the cloud, they should contact APN Consulting Partner.

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recent data show that phenotypic variation categories, like skin color or facial form most often used to define reace

Answers

Recent data show that phenotypic variation categories such as skin color or facial form most often used to define race.

What is phenotypic variation?

Phenotypic variation can be defined as the difference in the observable characters or attributes (phenotypes) of each organism in a specific population such as:

Skin colorHeightShapes and sizes

Based on recent data from scientific research, phenotypic variation categories such as skin color or facial form most often used to define race.

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Refer to Table 10-1. What is the socially optimal quantity of output in this market

Answers

The socially optimal quantity of output in this market is D. 0

Quantity Price $ per unit Private Marginal Cost External Marginal Cost

0 100 --- ---

1 90 10 30

2 80 20 30

3 70 40 30

4 60 60 30

5 50 80 30

6 40 100 30

7 30 120 30

Hence, we can see that, in the presence of an externality, the socially optimal output is determined by including the externality either by adding it with marginal cost or marginal benefit.

Therefore, from the given table above, we can see that the socially optimal quantity of output in this market is 0 because it occurs when social marginal cost is equal to the marginal revenue.

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The list-style-type property changes the style of bullets points. which of these creates this style bullet: o

Answers

It should be noted that a circle creates a bullet that is an unfilled disc.

What are bulleted points?

A bullet point simply means a symbol that is used in writing to introduce an item in a list.

It should be noted that a commonly used symbol to represent a bullet point is a centered dot (•). Despite this, many different symbols and characters can be used in bullet point lists.

Also, bulleted lists even use numbers and letters. In typography, a bullet or bullet is typographical symbol to introduce items in a list.

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Complete question:

The list-style-type property changes the style of bullet points. What creates a bullet that is an unfilled disc?

Which of the following statements about attention deficit hyperactivity disorder (ADHD) is true

Answers

The statement about ADHD that is true is: "ADHD has no clear  physical symptoms that can be detected via an x-ray or blood test"

What is ADHD?

This is an acronym for a kind of mental disorder that is called Attention Deficit Hyperactivity Disorder (ADHD).

Attention deficit hyperactivity disorder (ADHD) is a neurodevelopmental psychiatric condition.

It is characterized by challenges concentration, excessive activity, or difficulty restraining behavior that is inappropriate for a man's age.

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Renata needs to fill an open position in her department. In what situation should she use the nine-box grid

Answers

The situation in which she should use the nine-box grid is; d. If she wants to promote from within

How to use human resource tools?

The correct option that i would recommend that she should use the 9 box grid if she wants to recruit minorities.

Now, the The 9 box grid is a popular talent management tool whereby employees are divided into nine groups, based on their performance and potential.

When assessing employee performance, managers usually pay attention to how well they perform today also how well they are likely to perform in the future which signifies their growth potential.

Now, in this case, she wants to fill an open position in her department and as such looking at the given options and the definition of nine box grid above, it is clear that the correct option

The missing options are;

a. If she wants to avoid a glass-ceiling audit

b. If she wants to recruit minorities

c. If she needs to fill an entry-level position

d. If she wants to promote from within

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Which of the following statements is true concerning medical or dental student supervision

Answers

The statements that is true concerning medical or dental student supervision is All medical and dental student notes must be accompanied by an practical.

What is supervision?

supervision serves as the process of guiding and instructing the students through their curriculum so as to be able achieve success.

In this case, The statements that is true concerning medical or dental student supervision is All medical and dental student notes must be accompanied by an practical.

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toggle clamps and hydraluic clamps are the two basic types of clamping units

Answers

Toggle clamps and hydraulic clamps are the two basic types of clamping units that are used in laboratories: True.

The types of clamping units.

In Science, there are two (2) main types of clamping units that are used in laboratories or factories and these include the following:

Toggle clampsHydraulic clamps

In this context, we can infer and logically deduce that both Toggle clamps and hydraulic clamps are the two (2) basic types of clamping units that are used in laboratories or factories.

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Strictly speaking, pure competition is relatively rare. Then why do we study it

Answers

Its low-cost manufacturing and allocative efficiency may serve as a benchmark for comparison. This is further explained below.

What is manufacture?

Generally, The term "manufacturing" refers to the process of transforming raw materials or component parts into completed things by using a variety of different resources, including tools, human labor, equipment, and chemical processes.

In conclusion, Its low-cost manufacturing and allocative efficiency may serve as a benchmark for comparison.

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in accordance with da pam 385-63 select the statement that best represents the requirements

Answers

In accordance with DA PAM 385-63 the statement that best represents the requirements when training with live and blank or dummy ammunition is:

"Blank and live ammunition will not be housed in the same facility or issued from the same location at the same time."

What is the DA PAM 385-63 about?

DA Pam 385-63 defines range safety standards and procedures for Army and Marine Corps users to employ in connection with this publication.

When the criteria in DA Pam 385-63 conflict with the standards of other military Services or Federal authorities, the highest level of protection is used.

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Stock-index futures may be settled either by cash or by delivery of securities. a. TRUE b. FALSE

Answers

The statement 'stock-index futures may be settled either by cash or by delivery of securities' is FALSE.

What are index futures?

Index futures refers to contracts for buying/selling a financial asset, which depends on the current price.

Index futures can be operated in the market via a suitable financial broker that is able to handle them.

In conclusion, the statement 'stock-index futures may be settled either by cash or by delivery of securities' is FALSE.

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The nurse notes that the electrical cord on an IV infusion pump is cracked. Which action by the nurse is best

Answers

Since the electrical cord on an IV infusion pump is cracked, an action by the nurse which is best is to:  4) clearly label the pump and send it for repair.

Who is a nurse?

A nurse refers to a professional who has been trained in a medical institution and licensed to perform the following tasks and activities in a hospital:

Promoting hygienic behaviors among patients.Providing care for sick people.Providing care for an injured patient.Perform routine checks on some medical instruments.

In this scenario, we can infer and logically conclude that an action by the nurse which is best is clearly labeling the cracked IV infusion pump and sending it for repair.

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Complete Question:

The nurse notes that the electrical cord on an IV infusion pump is cracked. Which action by the nurse is best?

1) Continue to monitor the pump to see if the crack worsens.

2) Place the pump back on the utility room shelf.

3) A small crack poses no danger so continue using the pump.

4) Clearly label the pump and send it for repair.

The cost to taxpayers is estimated at billions of dollars for:

Answers

The cost to taxpayers such as employees is estimated at billions of dollars for: unethical practices in financial reporting.

What is taxation?

Taxation is the involuntary fees that are levied on individuals or business firms by the government of a particular country, so as to generate revenues that can be used to fund public projects, institutions and activities.

What are ethics?

Ethics simply refers to a set of unwritten and written standards, principles, values or rules of moral conduct that're established to guide human behaviors, especially with respect to their relationship with others.

Based on historical financial accounting records, we can infer and logically deduce that the cost to taxpayers such as employees is estimated to be at billions of dollars for their engagement in unethical practices in financial reporting.

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Regardless of the size of the organization, the principles of organizing include:

Answers

Regardless of the size of the organization, the principles of organizing include: Petroleum and coal-based products are currently the top exports of Texas. This is further explained below.

What is Petroleum?

Generally, Petroleum, commonly termed crude oil, is a fossil fuel. In the same way that coal and natural gas are generated from the remnants of ancient sea animals, such as plants, algae, and bacteria, petroleum was also formed in this way.

In conclusion, The following are some of the organizational principles that should be followed, regardless of the size of the organization: Products derived from petroleum and coal continue to lead Texas in terms of total export value.

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3. The average price paid to dealers for a given type and model of a vehicle is published in the

Answers

The average price paid by an individual (driver) to dealers as payment for a given type and model of a vehicle is generally published in the blue book.

What is price?

Price can be defined as an amount of money which is primarily set by the seller of a product, and it must be paid either in full or part by a buyer to the seller, so as to enable the acquisition of this product.

What is a blue book?

A blue book can be defined as a type of publication that is designed to estimate the value of automobile vehicles because it comprises information such as average price, type and model.

In this context, we can infer and logically conclude that the average price paid by an individual (driver) to dealers as payment for a given type and model of a vehicle is generally published in the blue book.

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Slaves often expressed their desire for freedom through sacred folk songs known as

Answers

Answer:

slaves often expressed their desire for freedom through sacred folk songs know as - spirituals

Using the figure below, which of the following lists correctly identifies the various seafloor landforms

Answers

The seafloor landforms G, C and F are as follows; C = mid-ocean ridge ; F = trench; G = abyssal plain

How to identify Landforms?

Looking at the image attached of the seafloor landforms, the alphabets represent the following;

A = continental shelf

B = continental slope

C = mid-ocean ridge

D = continental rise

E = volcanic arc

F = trench

G = abyssal plain

A mid-ocean ridge is a seafloor mountain system formed by plate tectonics. It typically has a depth of about 2,600 meters (8,500 ft) and rises about 2,000 meters (6,600 ft) above the deepest portion of an ocean basin.

Trenches are formed by subduction which is a geophysical process in which two or more of Earth's tectonic plates converge and the older, denser plate is pushed beneath the lighter plate and deep into the mantle, causing the seafloor and outermost crust to bend and form a steep, V-shaped depression.

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the signs and symptoms of poisoning in children emt

Answers

The signs and symptoms of poisoning in children is  Burns or redness around the mouth and lips.

What is poisoning in children?

poisoning in children is the injection of substances which can be harmful to their internal organs and if not taken care of instantly can result in death.

It should be noted that The signs and symptoms of poisoning in children is  Burns or redness around the mouth and lips.

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Water buildup, ice damming, and a fascia damaged by moisture are common ______ issues.

Answers

Water buildup, ice damming, and a fascia damaged by moisture are common roof issues.

What are roof issues

This is a term that is used to refer to al of the possible reasons that may lead to problems on a roof. They are the damages that the roof would have based on certain phenomena that have occurred on it.

When there is too much water on a roof that does not go off, this is an issue. If it is an iron roof, this may lead to leaking because after sometime the roof would become rusty and it would start to break off. On other types of roofs, it may become moist for a very long time before the damage would start to set in.

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Studies have shown that the average person can see ________ variations in value.

Answers

Studies and researches have shown that an average person can see forty (40) variations in value.

What is value?

In Psychology, value can be defined as the design terminology which is used to describe light and dark.

Based on scientific studies and researches, we can infer and logically deduce that an average person can see forty (40) variations in value with respect to light and dark in artworks.

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a job cost sheet shows information about each of the following items except

Answers

A job cost sheet shows information about the costs incurred by the marketing many this except department in selling the job. This is further explained below.

What is a job cost sheet?

Generally, a listing of the expenses incurred for the manufacture of a certain amount of items or the provision of a certain service, including the costs of materials and labor:

In conclusion, A job cost sheet provides details on the expenses made by the marketing department in selling the project. This is an exception.

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The student's lab manual says to mix 50 mL of his 2.0 M CaCl2 solution with 50 mL of a 3.0 M aqueous solution of sodium carbonate (Na2CO3). (18 points) i. Write a balanced chemical equation to show the reaction. Include state symbols. (4 points)

Answers

The balanced equation for the reaction is [tex]CaCl_2 (aq) + Na_2CO_3 (aq) --- > CaCO_3 (s) + 2NaCl (aq)[/tex]

Chemical equation

Both calcium chloride and sodium carbonate are soluble salts. When they react, insoluble calcium carbonate is produced along with soluble sodium chloride.

The balanced equation of the reaction along with the state of each component is as follows:

  [tex]CaCl_2 (aq) + Na_2CO_3 (aq) --- > CaCO_3 (s) + 2NaCl (aq)[/tex]

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plaintiffs in sexual harassment do not have to prove debilitating psychological deterioration

Answers

The statement "plaintiffs in sexual harassment do not have to prove debilitating psychological deterioration" is true.

What is the judgement for the plaintiff?

In legal terms, the word 'Plaintiff' is used to denote "the party or individual who files a suit against an accuser or the defendant."

Now, in this case of the question about plaintiffs, it has to be said that in sexual harassment they do not have to prove debilitating psychological deterioration. This is because in legal guardianship determinations, the burden of proof is on the person seeking guardianship. The majority of juvenile offenders grow up to become chronic adult offenders.

Thus, from the above statement and explanation, we can say that the statement "plaintiffs in sexual harassment do not have to prove debilitating psychological deterioration" is true.

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