An inverse demand function: a. is incorrect b. has price as a function of quantity demanded c.
Question:
An inverse demand function:
a. is incorrect
b. has price as a function of quantity demanded
c. has quantity demanded as a function of price
d. must be inverted to graph the function
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
The answer is c has quantity demanded as a function of price An inverse demand function is the math...View the full answer
Answered By
Asim farooq
I have done MS finance and expertise in the field of Accounting, finance, cost accounting, security analysis and portfolio management and management, MS office is at my fingertips, I want my client to take advantage of my practical knowledge. I have been mentoring my client on a freelancer website from last two years, Currently I am working in Telecom company as a financial analyst and before that working as an accountant with Pepsi for one year. I also join a nonprofit organization as a finance assistant to my job duties are making payment to client after tax calculation, I have started my professional career from teaching I was teaching to a master's level student for two years in the evening.
My Expert Service
Financial accounting, Financial management, Cost accounting, Human resource management, Business communication and report writing. Financial accounting : • Journal entries • Financial statements including balance sheet, Profit & Loss account, Cash flow statement • Adjustment entries • Ratio analysis • Accounting concepts • Single entry accounting • Double entry accounting • Bills of exchange • Bank reconciliation statements Cost accounting : • Budgeting • Job order costing • Process costing • Cost of goods sold Financial management : • Capital budgeting • Net Present Value (NPV) • Internal Rate of Return (IRR) • Payback period • Discounted cash flows • Financial analysis • Capital assets pricing model • Simple interest, Compound interest & annuities
4.40+
65+ Reviews
86+ Question Solved
Related Book For
Principles Of Agricultural Economics
ISBN: 9780415540704
1st Edition
Authors: Andrew Barkley, Paul W. Barkley
Question Posted:
Students also viewed these Business questions
-
Q.6.2 Converse sneakers are produced in Indonesia. Identify the most suitable method of transport to be used for delivery from Indonesia to stores in South Africa. Motivate answer.
-
The Mall Street Journal is considering offering a new service which will send news articles to readers by email. Their market research indicates that there are two types of potential users,...
-
1. What is the present value (PV") of an offer of $15,000 two years from now if the Opportunity Cost of Capital (OCC) is $12% per annum? 2. What is the PV of an offer to receive $12,000 three years...
-
Describe how an employee's benefit under a defined benefit plan is computed.
-
Let y 1 , y 2 , y 3 , . . . , y n , represent a random sample of size n selected from a normal probability distribution with unknown mean and variance 2 = 1. Then the sample mean, y , has a normal...
-
Diet Cola and Weight Gain in Humans A study found that American senior citizens who report drinking diet soda regularly experience a greater increase in weight and waist circumference than those who...
-
Can Marta sue Chelene for fraudulent misrepresentation? Why or why not? What element(s) might be lacking? Chelene had been a caregiver for Martas eighty-year-old mother, Janis, for nine years....
-
Explain how you plan to gain awareness for your product(soft drink). Discuss your integrated marketing communications (IMC) plans including advertising, sales promotions, public relations, personal...
-
An increase in income results in: a. no change in demand b. a change in quantity demanded c. a shift in demand d. a movement along the demand curve
-
If the price is higher than the equilibrium price, then: a. quantity demanded is greater than quantity supplied b. quantity supplied is greater than quantity demanded c. the price will increase over...
-
A chemist is interested in determining the weight loss y of a particular compound as a function of the amount of time the compound is exposed to the air. The data in the following table give the...
-
Compose an essay on Literature analysis. Analyze the various aspects of literature including clear cut examples.?
-
In 250-300 words An example of a literature review for a homeland security research topic is the document Understanding Community Resilience in the Context of National Health Security: A Literature...
-
Question: (g) Assume 1 KiB page size and a 4-entry fully associative TLB with pseudo-LRU replacement. If a physical page must be allocated (i.e., the virtual page is on disk), assume the new page...
-
(Simplify your answer.)
-
1. Many of us have communication apprehension when delivering a presentation. Describe two or three things that you fear could go wrong in a presentation. 2. list of strategies that could help...
-
An average table tennis ball has a diameter of 3.81 cm and a mass of 2.6 gm. Estimate the (small) depth h at which the ball will float in water at 20°C and sea level standard air if air buoyancy...
-
Explain how the graph of each function can be obtained from the graph of y = 1/x or y = 1/x 2 . Then graph f and give the (a) Domain (b) Range. Determine the largest open intervals of the domain over...
-
Be creative! The best link-building strategies are those that provide value and automate the linking process as much as possible. The easier it is for someone to share your link, the more likely they...
-
Consider a symmetric slab waveguide. The waveguide condition for propagating modes will have integer multiples of phase with the constraints set as follows kondcos(m) 0(0m) = 2, dcos(0m) - 0(0m) = m...
-
For the dielectric slab waveguide given below: x n1 d/2 12 -d/2- n1 n(x) = {m \x\ d/2 and starting with Maxwell's equations in the form of: and a trial solution of: VXH = VXE = -iwH Z E(x,t) =...
Study smarter with the SolutionInn App