Ask Question
BusinessBusiness
2 February, 02:51

A demand curve for the steel porcupines' concert tickets would show the:

a. number of tickets that will be purchased at various prices.

b. quality of people who want to buy these concert tickets.

c. number of people who need tickets.

d. number of tickets the box office is willing to sell at various prices.

+2
Answers (1)
  1. 2 February, 05:22
    0
    A demand curve represents the relation between different prices of a commodity and its varying quantities purchased by people at different prices. As a general rule, the more the price, the less the demand. In the scenario described in the question, the demand curve shows the number of tickets that will be purchased at various prices. Ticket is the commodity here and the people who purchase the tickets represent demand.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “A demand curve for the steel porcupines' concert tickets would show the: a. number of tickets that will be purchased at various prices. b. ...” 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
Geo Company's western territory's forecasted income statement for the upcoming year is as follows: Sales revenue $ 850 comma 000 Variable costs (530 comma 000 ) Contribution margin $ 320 comma 000 Fixed costs (500 comma 000 ) Operating loss $ (180
Answers (1)
which of the following is true? A. A firm with low anticipated profit will likely take on a high level of debt. B. A successful firm will probably take on zero debt. C. Rational firms raise debt levels when profits are expected to decline. D.
Answers (1)
Last year Stealth Bank received $100 million in interest payments from borrowers. $25 million in loans were written off as uncollectible. It paid out $30 million in interest to its depositors and collected $25 million for various fees it charged.
Answers (1)
If there is a 1% chance that you will be in an auto accident that will cost you $100,000 in lost income, medical expenses, and liability, and your insurance company charges a 10% risk premium, an insurance policy giving you full coverage would
Answers (1)
Which of the following is not a major influence on business buyer behavior? individual factors organizational factors environmental factors procurement factors
Answers (1)
New Questions in Business
A company's defined benefit pension plan had a pension benefit obligation (PBO) of $265,000 on 1/1/2018. During 2018, pension benefits paid were $40,000. The discount rate for the plan for this year was 10%. Service cost for 2018 was $80,000.
Answers (1)
If its yield to maturity declined by 1%, which of the following bonds would have the largest percentage increase in value? Group of answer choices A 10-year bond with an 8% coupon. A 10-year zero coupon bond. A 10-year bond with a 12% coupon.
Answers (1)
When someone is considering a career as a lawyer, future earnings are the net cost. net benefit. future cost. future benefit.
Answers (1)
nabors nagamatsu deposited a check for 299.45 and a check for 229.52 he received 42 on cash what was his total deposit
Answers (1)
Describe the role that workers play in the game of economics.
Answers (1)
Home » Business » A demand curve for the steel porcupines' concert tickets would show the: a. number of tickets that will be purchased at various prices. b. quality of people who want to buy these concert tickets. c. number of people who need tickets. d.
Sign Up Forgot Password?