Ask Question
BusinessBusiness
9 January, 00:29

This chart shows the link between interest in a product and the price a consumer pays.

a. interest in a product and the price a producer pays.

b. amount of a product and the price a consumer pays.

c. amount of a product and the price a producer pays.

+5
Answers (2)
  1. 9 January, 00:40
    0
    The given chart shows the link between interest in a product and the price a consumer pays.

    Explanation:

    The more the interest a person has in a product, the more willing he is to pay any demanded price for the product. On the other hand, if a person is not at all interested in a specific product, he would not buy it even if it is available at the cheapest price in the market.
  2. 9 January, 02:17
    0
    A. interest in a product and the price a consumer pays.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “This chart shows the link between interest in a product and the price a consumer pays. a. interest in a product and the price a producer ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
The ""simple ranking"" method for evaluating RFPs assigns an additional value to the rating scale to take into account the relative importance of certain requirements. True False
Answers (1)
Your best friend says they don't think insurance is important. Explain to them why it is important to have insurance. How is having insurance important for successful financial management?
Answers (1)
Delectable, a fast food chain, emphasizes a lot on things like how the staffs are dressed, how the food is presented, as well as cleanliness of their service area.
Answers (1)
If both the production of goods and services increase and prices rise, then the change in nominal GDP a. Understates the change in production. b. Accurately reflect the change in production. c. Overstate the change in production. d.
Answers (1)
As the CEO of a start-up recycling company, you are interested in benchmarking industry leaders. Recology CleanScapes uses open-book management. Which of the following would you expect to find in an analysis of Recology CleanScapes? A.
Answers (1)
New Questions in Business
Year-to-date, Oracle had earned a - 1.38 percent return. During the same time period, Valero Energy earned 7.62 percent and McDonald's earned 0.40 percent.
Answers (1)
the market value of a property is $90,000 and is assessed at 35%. The annual taxes are $1,260. What is the tax rate?
Answers (1)
Information related to plant assets, natural resources, and intangibles at the end of 2020 for Kingbird, Inc.
Answers (1)
If, at the current price, there is a shortage of a good, then a. sellers are producing more than buyers wish to buy. b. the market must be in equilibrium. c. the price is below the equilibrium price. the. quantity demanded equals quantity supplied
Answers (1)
O'Connell & Co. expects its EBIT to be $42,000 every year forever. The firm can borrow at 6 percent. O'Connell currently has no debt, and its cost of equity is 10 percent and the tax rate is 35 percent.
Answers (1)
Home » Business » This chart shows the link between interest in a product and the price a consumer pays. a. interest in a product and the price a producer pays. b. amount of a product and the price a consumer pays. c. amount of a product and the price a producer pays.
Sign Up Forgot Password?