Describe what a demand curve is and explain how it helps businesses

What will be an ideal response?


The demand curve estimates consumer demand at different prices. A demand curve doesn't account for changes in the company's external environment, but it is a useful tool marketers can use to determine how much of a product customers will buy at different price points. This information can help marketers decide on the price position for their product.

Business

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Concession dumping is a type of trade discrimination.

Answer the following statement true (T) or false (F)

Business

Explain the relationship between the parol evidence rule and ambiguous contracts.

What will be an ideal response?

Business

A test for differences in the means of paired samples is called the ________

A) paired samples t-test B) paired samples F-test C) paired samples p-test D) paired samples z-test E) paired samples ratio test

Business

When one individual identifies with another person and this identification causes the emotions to spread it is called ______.

A. convergent linkage B. divergent linkage C. complementary linkage D. group mood

Business