Answer:
Sorry but I don't know what to make of this.
Explanation:
Answer:
no, since other things are not held constant, including her income
Explanation:
The law of demand states that price has an inverse relationship with quantity demanded of a good. As price increases the demand reduces, and as price decreases quantity demanded increases.
However this is true when all other factors reman constant.
In the given scenario the price of hamburger has fallen but Hilary buys less of it. This looks like a violation of the law of demand, but her income has changed so the law of demand may not hold here.
All factors do not remain constant.
Hilary's behaviour can be explained by the concept income effect. Where an increase in income leads to the consumer buying more of expensive goods than cheaper ones.
In business, it is important to establish your <u>credibility</u> from your first day on the job
What Is Business Credibility?
- Credibility is the quality of being trusted by a specific group of people. In terms of conversion rate optimization, business credibility is defined as the quality of being trusted by your target customers.
- Ideally, customer’s trust is expressed through positive behavior towards your brand, of which the final outcome is an increased conversion rate.
- We are living in a time when everything is commercialized and everyone wants to sell us something – especially corporations.
- Therefore, interestingly, human brains react in a more or less “passive-aggressive” way to this scenario – we consumers tend to distrust brands at first glance.
- Because we believe their goal, after all, is to make money.
To know more about business credibility, refer:
brainly.com/question/13248328
#SPJ4
Answer:
The correct answer is B. 7.143 %.
Explanation:
Return on assets is a profitability ratio that provides how much profit a company is able to generate from its assets. In other words, return on assets (ROA) measures how efficient a company's management is in generating earnings from their economic resources or assets on their balance sheet. ROA is shown as a percentage, and the higher the number, the more efficient a company's management is at managing its balance sheet to generate income.
The formula to calculate it is given below.
ROA = Net Income/Average total asset * 100
= 450,000/ 6,300,000*
= 7.14 %
*= (6,000,000 + 6,300,000)/2
