Answer:
d
Explanation:
A change in price leads to two effects :
- The income effect
- The substitution effect
The income effect is the change in quantity demanded as a result of a change in real income which affects the consumes purchasing power.
A car constitutes a very large part of a consumers expenditure due to its cost. Thus, the income effect for a car would be the largest
The substitution effect is the change in demand as a result of change in the price of the good compared to the price of another substitute good.
<u>Full question:</u>
Angela is part of the senior management of Fifian Inc., an event management company. She along with other members of the senior management plans the annual budget of the company. Angela, however, is not required to take inputs from or involve the middle and supervisory managers of the company in this planning process. In the given scenario, Fifian Inc. most likely uses _____.
A. top-down budgeting
B. incremental budgeting
C. bottom-up budgeting
D. zero-based budgeting
<u>Answer:</u>
In the given scenario, Fifian Inc. most likely uses top-down budgeting
<u>Explanation:</u>
Top-down budgeting relates to a budgeting system where senior management equips a high-level estimate for the company. Through top-down budgeting, the company’s administration views prior practices and contemporary market circumstances.
Customarily, department directors and lower-level staff do not partake in the meetings but may put forward proposals for consideration. Such a kind of budget concentrates on the overall germination of the organization. Since managers are not a member of the budget-making method, they may not perceive much urge to assure their success.
Answer:
Please see below.
Explanation:
Below are some of the list a family can provide enrichment for children without elaborate or expensive toys.
1. A family can gather their children and ask them to sing their favorite songs poems. They can also be taught new songs and poems. By doing this, boredom will be eliminated hence enriches them without necessary buying them expensive toys.
2. A family can ask their children to paint any animals they like whether on papers or plywood in different colours This will enable them to develop their innate drawing skills while making fun of the whole process.
3. The family can as well play a quick game with their children. Some games like arm or thumb wrestle could be fun. There is also clapping games or the children can teach the family the clapping games they learnt at school.
4. Children could be asked to tell a story from favorite story books or the parent could create an imaginary story for them. The whole idea is to keep them busy and make it fun as much as possible.
5. There is also riddles and play and cracking of jokes. Children may be asked to crack jokes, play riddles etc. Parents may as well crack jokes and play riddles for them in order to keep them busy and make them have fun.
6. For children who are already in school, the parents could help them solve their maths home work. They may be asked to solve first, after which corrections will be done for them. They may also be given other maths puzzle to solve, just to make them busy and have fun.
Well there are a few choices here.
If the govt says Fish is healthy and people want to believe the govt, then demand will increase.
Or you can go the realistic way and scientists will prove wether or not that is true and their demand will depends on the scientists answer.
<u>However the most likely answer is that the demand will increase.</u>
