Labour class and middle class families, especially labour class
Answer: Quantity of pens fall, Change in price ambiguous
Explanation:
The new educational study has proven that the practice of writing, erasing, and rewriting improves students' ability to process information, leading parents to steer away from pen use in favor of pencils. This will lead to a fall in the demand for pens, shifting its demand curve to the left.
Moreover, the price of plastic, an important input in pen production, has increased considerably. This will increase the cost of production of pens, inducing producers to reduce pen supply in the market. The supply curve shifts up to the left.
Both these shifts lead to a fall in the quantity of pen in the market. However, the effect on price cannot be determined as it depends on the magnitude of the two shifts.
Answer:
C. demographic.
Explanation:
According to my research on market segmentation, I can say that based on the information provided within the question Heeltoe most likely segments the consumer market based on Demographic variables. This term refers to different aspects or traits of a specific population, and such variables included are age, gender, ethnicity, socioeconomic measures, and group membership. Which it seems that in this scenario the two variables most used are age and profession.
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It is known as a Tradable occupation. The tradable area of a nation's economy is comprised of the business areas whose yield regarding merchandise and enterprises are exchanged globally, or could be exchanged universally given a conceivable variety in relative costs.
Answer:
option (c) depreciate by exactly 10 percent
Explanation:
Data provided in the question:
Canadian dollar = 0.75 US dollars per Canadian dollar
Canada's rate of inflation = 0 percent
US rate of inflation = 10 percent
Now,
The percentage change in real exchange rate
= percentage change in nominal exchange rate - (Domestic inflation - Foreign inflation)
= 0 - (10 percent - 0 percent )
= - 10 percent
Here,
the negative sign depicts that the exchange rate will depreciate
Hence,
the answer is option (c) depreciate by exactly 10 percent