1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
sergij07 [2.7K]
3 years ago
5

A change in income preferences or prices of other goods or services leads to a that causes a:______

Business
1 answer:
exis [7]3 years ago
7 0

Answer:

change in demand; shift of the demand curve.

Explanation:

We know that income elasticity of demand derives by considering the percentage change in quantity demanded and percentage change in income

In mathematically,

Income elasticity of demand = (percentage change in quantity demanded) ÷ (percentage change in income)

By considering the above information, the change in income preferences is due to change in demand plus it also shift of the demand curve

You might be interested in
Are budgets part of the performance measurement system or the performance reward system? a. Part of neither the performance meas
Helga [31]

Answer:

b. Part of both the performance measurement system and the performance reward system

Explanation:

Both are linked according to the objectives and golas.

Performance measure is a quantifiable expression of the amount, cost, or  result of activities that indicate how much, how well, and at what level, products or services are  provided to customers during a given time period.

Performance and reward strategies are driven by the concept that employees are not inherently born with the desire to come to work and put in their maximum effort every day for no reason at all. ... An effective performance and reward strategy aligns with organizational goals and objectives

7 0
3 years ago
Trusted wholesalers is a company that purchases products produced in mexico and sells them to companies based in the united stat
DENIUS [597]
The appropriate response is NAFTA or the North American Free Trade Agreement. It is an assertion among the United States, Canada, and Mexico intended to evacuate duty hindrances between the three nations.

<span>In 1994, the North American Free Trade Agreement (NAFTA) became effective, making one of the world's biggest facilitated commerce zones and establishing the frameworks for solid financial development and rising flourishing for Canada, the United States, and Mexico.</span>
7 0
3 years ago
People are demanding more apartments than sellers are willing to offer. This means that there is a _____ of apartments. surplus
den301095 [7]
People are demanding more apartments than sellers are willing to offer. This means that there is a shortage of apartments.
4 0
4 years ago
Read 2 more answers
Which of the following is a condition that triggers the penalty for negligence or intentional disregard? 1) the taxpayer underst
Vsevolod [243]

Answer:

2) the taxpayer shows negligence or disregard of the rules or regulations, causing an underpayment.

Explanation:

             When any taxpayer shows some negligence or if they disregard the rules and the regulations, causing an underpayment, then it leads to a penalty for the disregard or the negligence.

              Also, when a taxpayer intentionally understates his or her tax by a larger of $5000 or a 10% of his / her correct tax, then it is an accuracy related penalty.

              And, also the information related penalties which are levied for failure of  taxpayer to pay the amount of tax owed by  due date and also failure to filing the return by the due date.

Thus option (2) is correct.

5 0
4 years ago
I need the answer for this
Nadusha1986 [10]

Answer:

D.)

i invest in stocks

5 0
3 years ago
Other questions:
  • Hannah is the ceo of jf corp., a steel manufacturing company. she finds that the market is exhibiting the signs of a maturing ma
    8·1 answer
  • While playing with his toy truck on the couch, Nezzy points to the toy truck and says, "Truck go." His father responds to this b
    8·1 answer
  • What is the square root of 5
    12·1 answer
  • Xie Company identified the following activities, costs, and activity drivers for 2017. The company manufactures two types of go-
    10·1 answer
  • Sheldon, Inc. declared a stock dividend of​ 50,000 shares on a date when the​ company's common stock was selling for $ 18 per sh
    9·1 answer
  • Failure to prepare an adjusting entry at the end of a period to record an accrued revenue would cause:A)net income to be oversta
    8·1 answer
  • Please Help!!!
    8·1 answer
  • Todd Haitz works at a retail store selling sports equipment. His daily tasks include opening the store, creating the work schedu
    9·1 answer
  • if the company chooses the lease option, it will have to pay an immediate deposit of 25000 to cover any future damages to the eq
    7·1 answer
  • describe the two eligibility requirements to qualify for deducting losses generated from real estate activities.
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!