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bija089 [108]
2 years ago
10

When you get hired for a well-paying job, you will most likely view older used cars as complementary goods. normal goods. substi

tute goods. inferior goods.
Business
1 answer:
valentinak56 [21]2 years ago
5 0

When you get hired for a well-paying job, you will most likely view older used cars as<u> inferior goods.</u>

<h3><u /></h3><h3><u>What are inferior goods?</u></h3>

As consumer income rises, customer demand declines for a class of inferior goods. Low-cost alternatives to "normal products," or necessities like food and household supplies, are frequently found in inferior goods. For instance, when someone's wage is cut, they might buy cheaper, poorer things than they would otherwise. When their earnings increases again, they're more likely to buy regular things rather than cheap ones.

The word "inferior" refers to the product's price and perceived worth rather than its quality. The quality may occasionally be inferior to an equivalent standard good, but it may also occasionally be the same. In reality, there are occasions when the only distinctions between regular goods and equal substandard goods are the packaging and price of the goods.

Learn more about inferior goods with the help of the given link:

brainly.com/question/13377225?referrer=searchResults

#SPJ4

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Which of the following movements started in Great Britain in the early 1980s when then Prime Minister Margaret Thatcher started
kirill [66]

Privatization started in Great Britain in the early 1980s when then Prime Minister Margaret Thatcher started to sell state-owned assets such as the British telephone company.

<h3><u>Explanation:</u></h3>

Privatization refers to the act of transferring the ownership of the properties that are owned by the government to the sectors of private. In this process the publicly traded company will be taken under the control of some private people.  

In Great Britain, the modern management process which is also termed as general management was introduced in the NHS, in 1980s. In Great Britain, in the early 1980s, the Prime Minister Margaret Thatcher started selling the assets that are owned by states such as British Telephone Company which comes under Privatisation.  

5 0
4 years ago
Challenges of self-employment.Explain in paragraph.
rosijanka [135]
Self employment is challenging for a number of reasons. From an accountability standpoint, you have nobody to answer to but yourself - but you also don't have anyone pushing you but yourself. From a financial standpoint, you are now responsible for many things that a traditional employer would handle (health insurance, taxes, retirement, etc). And while you are managing all of the logostical angles, you still need to manage to run your actual business.
8 0
3 years ago
An increase in the stock of capital makes the aggregate productionfunction:a. steeper.b. flatter.c. shift up.d. shift down.e. st
ehidna [41]

Answer:

The correct answer is option c.

Explanation:

The aggregate production function shows the relationship between the total economic output and the amount of inputs used.

Keeping other things constant, an increase in the stock of capital will cause the the production function to move upwards. This shows that the economy will be able to produce more output.

5 0
4 years ago
A company with significant assets and activities in multiple countries is known as a(n):____.
Gnom [1K]

A company with significant capital and activities in multiple countries is known as a multinational corporation.

A multinational corporation generally has offices or factories in different and multiple countries and a centralized head office where they coordinate global management.

Other than its home country, a multinational corporation has facilities and other capital in at least one country. Many multinational enterprises are based in developed nations.

The multinational advocates create high-paying jobs and technologically advanced goods in countries that otherwise would not have reach to such opportunities or goods.

Some examples of multinational corporations include- Apple, Samsung, Starbucks, Ikea, Nike, McDonalds, Pepsi etc.

Hence, option A is correct.

To learn more about the multinational corporations here:

brainly.com/question/494475

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8 0
2 years ago
Discuss three common<br> criticisms of marketing
nalin [4]

Answer:

Criticism of marketing focuses largely on two areas: its “excesses” and its “expertness.” “Excesses” are about purposefully shoddy and objectionable products, inadequate warranties, deceptive or objectionable advertising, misleading packaging, questionable selling practices, and emphasis on tawdry values.

Explanation: You're Welcome.

4 0
3 years ago
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