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Romashka [77]
1 year ago
9

Demand curves intersect the quantity axis due to​ ________ and intersect the price axis due to​ ________.

Business
1 answer:
igor_vitrenko [27]1 year ago
6 0

Answer:

time limitations in limited marginal utility; limited income and wealth

Explanation:

Demand curves intersect the quantity axis due to time limitations in limited marginal utility, which explains the second law of demand – the lower the price, the higher the quantity demanded. While it intersects the price axis due to limited income and wealth, which also explains the second law of demand – the higher the price, the lower the quantity demanded.

The marginal utility of a consumer is limited, because, the more of the goods consumed, the amount of satisfaction derived decreases. Hence, the demand curve intersects the quantity axis, indicating the point when the consumer derives no more satisfaction from the consumption of that good.

On the other hand, as a result of limited income of the consumer, it would come to a point when the consumer will not be able to purchase any quantity of the goods as the price increases. The point at which the demand curve intersects the price axis, indicates he point where the consumer income cannot purchase any quantity of the goods.

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Altec Electronica Chihuahua is a Mexican producer of electronic products The company's fragile electronics replacement parts wer
AlekseyPX

Answer:

lower cost

Explanation:

In simple words, Rather than each-way wrapping which will be used just once and discarded, reuseable packaging would be recycled, eliminating the ongoing expenses of packaging materials. Your packing costs will be lower over time while using the same boxes for a prolonged period of time than those of other choices.

Thus, we can conclude that the company must be expecting lowering of costs in their operations.    

8 0
2 years ago
Em sales had $2,200,000 in sales last month. the contribution margin ratio was 30% and operating profits were $180,000. what is
Paul [167]

<u>Calculation of margin of safety in sales dollars:</u>


We are given that Em sales had $2,200,000 in sales last month and the contribution margin ratio was 30% and operating profits were $180,000.

We can calculate fixed cost with the help of following formula:

Fixed Costs  =( Sales * contribution margin ratio) - operating profits

= (2200000*30%)-180000

= $ 480,000

Now we can calculate Breakevens Dollar Sales as follows:

Breakevens Dollar Sales = Fixed Cost / Contribution Margin %

= 480,000/30%

= $1,600,000


Finally, we can calculate the margin of safety in sales dollars as follows:

The margin of safety in sales dollars =  Actual Sales – Breakevens sales

= 2200000-1600000

=$600,000


Hence, Margin of safety in sales dollars is <u>$600,000</u>






5 0
1 year ago
Which of the following is NOT one of the four main types of inventory?
Lera25 [3.4K]

Answer:

Safety stock inventory

Explanation:

There are three process to make the  product ready to sale which are shown below:

1. Raw material inventory

2. Work in progress inventory

3. Finished goods inventory

By these processes, the product is ready for sale. It passes by these three process cycles which is also a type of inventory. It also involves maintenance/repair/operating supply inventory

5 0
1 year ago
Your uncle is about to retire, and he wants to buy an annuity that will provide him with $80,000 of income a year for 20 years,
ivolga24 [154]
Defined the answer multiplied $80,000 by 20, once you get that answer multiply that by 0 5.25, then whatever you get is the answer. You're welcome, tea sis, shook, can't relate, be smarter
7 0
2 years ago
Eduardo has been reading about the use of drone technology in recent military conflicts and is not quite sure what to think. On
Nana76 [90]

Answer:

c. Argument of evaluation

Explanation:

Eduardo will be making a decision on "whether the use of drone technology is a positive or negative development in the history of American military action."  This is a judgement call.  And he will be determining whether or not drone usage is good or bad.  So this is purely an argument of evaluation.  The argument is not of fact or definition or a policy argument, but one in which he will establish his opinion on the issue of the use of drone technology in the military.

7 0
1 year ago
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