The law of demand states that:
a. price and quantity demanded are inversely related.
b. the larger the number of buyers in a market, the lower the product will be.
c. price and quantity demanded are directly related.
d. consumers will buy more of a product at high prices than at low prices.

Awell-written business plan can improve your chances of getting funding and give you more free time. improved logistics. greater negotiating power.

Compute the cost of not taking the following cash discounts. (use a 360-day year. do not round intermediate calculations. input your final answers as a percent rounded to 2 decimal places.)

Jaynet spends $50,000 per year on painting supplies and storage space. she recently received two job offers from a famous marketing firm – one offer was for $95,000 per year, and the other was for $120,000. however, she turned both jobs down to continue a painting career. if jaynet sells 35 paintings per year at a price of $6,000 each: a. what are her accounting profits? b. what are her economic profits?