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Aleks [24]
3 years ago
5

​As the income of bus riders increased, the wages of bus drivers increased simultaneously. How does this affect the market for b

us rides (inferior good)?
Business
1 answer:
kondor19780726 [428]3 years ago
6 0

Answer:

The demand curve and supply curve will shift leftwards.

Explanation:

The increase in the income of riders will decrease the number of bus rides because there is an inverse relationship between income and inferior goods. Therefore, the demand curve for bus rides will shift leftwards. Moreover, the increase in wages is an input cost, therefore, the rise in input cost will shift the supply curve leftwards.

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Answer: Convenience, Shopping, Speciality and Unsought

Explanation: Next time please be more specific Thanks

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2 years ago
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Snyder Painting is transitioning to an ABC system. So far, the company has traced its costs back to several different activities
Andreyy89

Answer:

Snyder Painting

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B. paint storage.

Explanation:

a) Identified Activities of Snyder Painting:

A. customer consultation.

B. paint storage.

C. site preparation and cleanup.

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8 0
3 years ago
Economists refer to their methodology for analyzing oligopolies as a game theory​ because, as in​ games _____.
melisa1 [442]

Answer:

e. all of the above

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Just like inn games, all the features enumerated in the options apply.

Specifically, actions by players determine outcomes. Also, players employ strategies to obtain desired results.

7 0
3 years ago
Which of the following integrates the functions of operations management, logistics management, supply management, and marketing
kolbaska11 [484]

Answer:

A. supply-chain management

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4 0
2 years ago
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Answer:

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Explanation:

7 0
3 years ago
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