You own a car that gets great gas mileage, so you drive it a lot. However, you've noticed

Business

1 answer:

grin007 [14]2 years ago

8 0

The given scenario is a good example of overuse of a car.

<h3>What is Overusing?</h3>

This refers to the situation where a person makes use of a thing or product, beyond its normal use and causes it to breakdown or wear and tear.

Hence, we can see that in the given scenario, a car has a great mileage which means it has been driven a lot and as a result of this, the tires wear out and needs replacement and this is an example of overuse.

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A decrease in the price level a. increases the quantity of goods and services supplied in the short run. b. decreases the quanti

Alenkasestr [34]

Answer:

c. increases the quantity of goods and services demanded.

Explanation:

According to the law of demand, there is an indirect relationship between demand and the prices for good or service. Should the price of a good or service increase, its demand will decrease. Demand comprises of the willingness and ability to buy.

A decrease in the price level will make the product affordable by more buyers. The market will afford to buy more of that product. The law of demand works together with the law of supply. The intersection of demand and supply curves determines the price of a product.

4 0

4 years ago

if Dawn's disposable income increases from $30,000 to $35,000 what is his marginal propensity to consume if he spends $4,000 of

irina [24]

Answer:

Marginal Propensity to Consume = 0.8

Explanation:

Marginal propensity to consume (MPC) exhibits consumer's spending behavior as to what percentage of extra dollar is spent from extra dollar of income.

MPC is calculated as Increase in consumption divided by increase in income.

MPC: Increase in consumption / increase in income: 4,000 / 5,000

MPC = 0.8

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3 years ago

Rhian believes he was unfairly passed over for a promotion, so he meets with his union steward to complain. The steward meets wi

bonufazy [111]

Why so that saying did correct answe right I don’t know the answer I am just answering to see something about my points because they are negative and I am trying something

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3 years ago

For a $150,000 mortgage, with interest rate 5,5%, paid over 15 years, the monthly payment is $1,225,63. After 2 monthly

aev [14]

150,000e^(0.055)(15)
342,282.114799

Subtract the two monthly payments
342,282.11-2,451.26
339830.85

5 0

3 years ago

The text frequently mentions competing factors that successful groups keep in tension, including conformity/nonconformity, task

Ivahew [28]

A <u>team work</u> is the term for the contradictory tensions that mentions the competing factors that successful groups keep in tension that includes conformity/nonconformity, task focus/social focus, structure/spontaneity, individual goals/group goals.

It refers to the collaborative effort of a group to achieve a common goal in the most effective and efficient way. It is seen within the greater framework of a team in which group of interdependent individuals who work together towards a common goal

Hence, it is also the term for the contradictory tensions that mentions the competing factors that successful groups keep in tension that includes conformity/nonconformity, task focus/social focus, structure/spontaneity, individual goals/group goals.