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2 years ago

Public transportation is an inferior good. if consumers' incomes decrease, this will cause:____.

1 answer:

8 0

Public transportation is an inferior good. if consumers' incomes decrease, this will cause Demand for public transportation to increase- a rightward shift .

Transport (British English) or transport (American English) is the movement of people, animals, or goods from one place to another. In other words, transport activity is defined as the specific movement of an organism or thing from point A (location in space) to point B. and spaces.

This area can be divided into Infrastructure, Vehicles, and Operations. Transportation enables trade between peoples, which is essential to the development of civilization.

Transportation infrastructure includes fixed assets such as roads, railroads, airways, waterways, canals, and pipelines, as well as fixed assets such as airports, railway stations, bus terminals, warehouses, truck terminals, and fuel stations (including petrol and service stations). terminal, and seaport.

The terminal can be used for passenger and cargo exchange, as well as maintenance.

Learn more about Transportation here. brainly.com/question/27667264

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lmaster makes high-performance sails for competitive windsurfers. Below is information about the inputs and outputs for one mode

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Answer:

The productivity in sales revenue/labor expense: 3.49

Explanation:

Total sales (revenue) = Sale price per unit x Units sold = $1,710 x 1,231 = $2,105,010

Total labor expense = Total labor hours x Wage rate = 46,453 x $13 = $603,889

The productivity in sales revenue/labor expense is calculated by ussing following formula:

The productivity in sales revenue/labor expense = Total sales/Total labor expense = $2,105,010/$603,889 = 3.49

That means for every dollar lmaster puts into labor, the company potentially makes $3.49 in sales revenue

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3 years ago

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Answer:

(B). Develop products that the company can sell, based on customer needs.

Explanation:

When customer needs arise in the market, organizations become aware of these needs through market research and customer feedback, and then try to meet these needs by developing new products.

The need for new products is what is known as Market-pull.

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3 years ago

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Answer and Explanation:

Answer and explanation attached

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3 years ago

What makes you buy a candied vegetable or a candied fruit?

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Answer: Your curiosity on whether it tastes like any other candy or not.

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3 years ago

4) (Economies of Scale) Suppose a firm has chosen its quantity so that its marginal cost is equal to the market price, and is ma

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Answer:

The firm is operating in a product range that exhibits diseconomies of scale. A further explanation is given below.

Explanation:

The company operates within a target area where there have been efficiency gains throughout production. Since the company makes benefits and opportunities, which means that the profitability outweighs the amount, the price could perhaps outweigh the estimated price at either the amount of development. As well as the valuation is equivalent to the cost, and marginal cost should therefore significantly increase the overall value.
Researchers understand exactly this because when market forces are already in place, marginal cost is already below the estimated price, such that, marginal cost would be below the estimated price. After all, once government subsidies have been in place because when efficiency gains are in place, marginal cost should be above total value, which indicates that sometimes marginal cost exceeds average cost whenever economies of level have been in place.

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