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AVprozaik
2 months ago
5

The downward slope of the demand curve again illustrates the pattern that as _____________ rises, _________________ decreases.

Business
2 answers:
stepan [3.5K]2 months ago
8 0
<span>The graphical representation of the demand curve illustrates a decrease in slope. This signifies that a reduction in the price of a product leads to an increase in the quantity demanded. In contrast, if the price increases, the quantity demanded declines. Thus, the correct answer for this question is C.</span>
Nady [3.6K]2 months ago
3 0
The right choice among the options provided is; "<span>c. price, quantity demanded".
</span>
The demand curve is a graphical tool that depicts the relationship between the price of a good and the quantity demanded. Generally, the price appears on the vertical axis to the left, while the quantity demanded is represented along the horizontal axis. There exists an inverse relationship between these two variables, indicating that as the price goes up, the quantity demanded decreases.
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If your credit card limit is $800 and your outstanding balance is $725, what is the largest amount you can charge on that card i
Free_Kalibri [3773]

Answer:

The correct selection is option "C": $75.

Explanation:

The outstanding balance on a credit card shows how much the user has spent against the card's credit limit. It also indicates the debt owed to the issuing bank. Once the outstanding balance is cleared, the total credit limit becomes available again.

Therefore, with a credit limit of $800 and an outstanding balance of $725, the maximum amount the account holder can charge next month is $75 ($800-$725 = $75).

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8 0
2 months ago
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