Answer:
- The richest quintile has the ability to save a larger percentage of its income.
- Individuals experiencing temporary fluctuations in their incomes are more likely to maintain moderate spending habits.
Explanation:
First part of this question reads:
In the United States, the richest quintile of the population receives 13 times as much income as the poorest quintile. However, the richest quintile only spends 4 times as much as the poorest quintile.
The richest quantile can afford to save more than the poorest quantile because they get enough income to manage their daily needs and then save. The poorest quantile on the other hand face a daily struggle and so have to spend all or most of their income to survive.
When the richer quantile goes through temporary fluctuations, they maintain moderate spending because they know it is temporary and so they keep saving. This is not the case for the poorer quantiles who have to spend according to their income - regardless of its fluctuating - to survive.
Answer:
$680
Explanation:
Calculation to determine What would be the depreciation expense for the first year of its useful life using the double-declining-balance method
Depreciation expense=3400*(100%/10 * 2)
Depreciation expense=3400*.2
Depreciation expense= 680
Therefore What would be the depreciation expense for the first year of its useful life using the double-declining-balance method is $680
Answer:
The correct answer is letter "A": direct-marketing.
Explanation:
Direct-marketing is a type of advertising that implies transmitting information about a product, service or entity directly to customers. Most of the time the promotional information is prompted without intermediaries but some times marketing agencies are hired for that specific purpose.
Does not reflect the marketing condition in the new products projected market area is the greatest danger to McDonald's is in choosing a test-site city.
<h3>What market area means?</h3>
A market area is a surface that displays the demand or supply for a specific item. It covers the locations where a factory's products are sent, while it is the tributary area from which a retail store pulls its clients.
Different areas of marketing are Digital marketing, Content marketing, Social media marketing, Visual marketing, Search engine marketing, Influencer marketing.
Thus, it does not reflect the condition of new project.
For more details about market area, click here
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Answer:
For Bagels = 1.33
For Donuts = -1.33
Explanation:
Using the midpoint method, Alex's percentage change in income is given by the difference in income divided by the average income:
Alex's percentage change in demand for both bagels and donuts is given by the difference in the quantity consumed divided by the average consumption:
Alex's income elasticity of demand for bagels and donuts, respectively, is:
His income elasticity of demand for bagels is 1.33, while for Donuts it is -1.33.
