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Which term describes a relationship in which one quantity is a multiple of the other quantity?

Direct variation


What is the relationship between two quantities in which the ratio of one quantity to the other quantity is constant?

A linear relationship


When a rate of change varies from point to point the relationship is what?

it is a proportional relationship because a proportional relationship is known as a relationship between two quantities in which the ratio of one quantity to the other quantity is constant.


What is the relationship between two quantities in which one quantity depends on the other?

In that case, one quantity (the quantity that depends on the other) is said to be a function of the other quantity.


What term describes a relationship in which one quantity is a multiple of the other quantity?

Direct variation


Is their inverse relationship between quantity and price?

Yes.


What is the relationship between the price and the quantity demanded?

The relationship between price and quantity demanded is inverse, meaning as the price of a product increases, the quantity demanded by consumers tends to decrease, and vice versa. This is known as the law of demand in economics.


What is a relationship between two quantities in which the ratio of one quantity to other quantity is constant?

It is called direct variation.


What is the relationship between price and the total quantity supplied by all firms in the market?

The relationship between price and the total quantity supplied by all firms in the market is known as the law of supply. According to this law, as the price of a good or service increases, the quantity supplied by firms also increases, and vice versa. This means that there is a direct relationship between price and the total quantity supplied in the market.


What is the demand relationship between price and quantity for this product?

The demand relationship between price and quantity for a product is typically inverse, meaning that as the price of the product increases, the quantity demanded by consumers tends to decrease, and vice versa. This is known as the law of demand.


What kind of relationship does the demand curve have in relation to supply?

Demand refers to how much (quantity) of a product or service is desired by buyers. The quantity demanded is the amount of a product people are willing to buy at a certain price; the relationship between price and quantity demanded is known as the demand relationship. Supply represents how much the market can offer.


A demand schedule shows the relationship between the quantity demanded of a commodity over a given peiord of time and?

quantity supplied