Business, 06.01.2020 19:31 laahmiisy

The market demand schedule or curve for a product shows the relationship between how much of the product buyers are willing and able to buy and the:
a. product's priceb. buyers' incomesc. cost of producing the productd. time period, say, from one month to the next

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Answer from: jello2612

A. Product's price

Explanation:

In this question, we applied the law of demand which shows an inverse relationship between the price and the quantity demanded of a particular commodity. If the price increases, the quantity demanded decreased and if the price decreased, the quantity demanded increased.

In the case of a market demand schedule, it takes the price and quantity demanded the overall market.

In this schedule, X-axis shows the quantity demanded of the product and Y-axis shows the price of the product.

According to the given scenario, the most appropriate option is a. product price as the market demand schedule shows that price and quantity demanded are inversely related to each other.

In buyer income, it considers the income of the buyer to purchase the product And option C is related to the producer point of view plus time period are also the not correct option

Answer from: Quest

answer: i'd say the answer is d because the information system is the human already doing the activity.

Answer from: Quest

cognitive overload: having a lot on your mind impairs decision-making and tends to result in the simplest, but not necessarily best, option being selected.

empathy gaps: overlooking how you might feel in a different situation can result in unnecessary purchases, such as overbuying when shopping for food on an empty stomach.

optimism and overconfidence: wearing rose-tinted glasses and having unrealistic expectations about the future can affect money management and leave you unprepared for a change in circumstance.

instant gratification: seeking instant gratification drives impulsive spending and can undermine long-term planning and savings.

harmful habits: automatic or mindless behaviour can amplify a poor financial decision as it becomes a recurring event.

social norms: we are heavily influenced by the actions of others; while this can be in certain circumstances, it also contributes to the pressure to keep up with the joneses through conspicuous consumption.

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