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
Leto [7]
3 years ago
7

See Hint If your income increases by 8%, and your quantity demanded of vanilla ice cream decreases by 18%, then vanilla ice crea

m is a(n) Choose one: A. substitute. B. inferior good. C. necessity. D. luxury good.
Business
1 answer:
xz_007 [3.2K]3 years ago
3 0

Answer:

The correct answer is B

Explanation:

Inferior goods are those goods or kind of goods whose demand declines or decrease when the income of the person or customer increases or rises. In other words, it means that the inferior goods demand is inversely associate to the customer or consumer income.

So, in this case, the income rises by 8% and the quantity demanded for the ice cream declines or falls by 18%, then the vanilla ice cream would considered as the inferior good.

You might be interested in
A milestone is a typical measuring point used when establishing cost control. Which of the following DOES NOT accurately describ
KiRa [710]

Answer:

d. Milestones are developed during risk planning.

Explanation:

A milestone is a typical measuring point used when establishing cost control. Which of the following does NOT accurately describes the use of cost control milestones?Select one:a. Project managers and sponsors often decide the number of milestones jointly.b. Milestones are often identified in the project charter.c. Project managers can use their cash flow projections to determine the funding needed to reach each milestone.d. Milestones are developed during risk planning.

<u>ANSWER</u>

It is not correct that milestones are developed during risk planning but rather they are developed during Project budgeting where the deliverables are identified in terms of the cost to achieve them. Truly as stated in the scenario's options, Project managers can use their cash flow projections to determine the funding needed to reach each milestone. It is in the project planning phase that these milestones are established by Project managers and sponsors jointly.

5 0
3 years ago
Which of these products would be most likely to have dependent demand? televisions refrigerators automobiles automobile engines
harkovskaia [24]

Answer:

\boxed{\bold{Automobile \ Engines}}

Explanation:

➤ Automobile engines would be most likely to have dependent demand

When creating a new car, customers are going to want an engine in their car. That is why it is a "department demand." It is a demand that an automobile must have an engine when you are creating / working in the automobile department. You can't build an automobile without an engine, and that is why it is a demand to have one.

- Mordancy

8 0
3 years ago
Apple invented the modern smart phone but Android con trolled 80 percent of the world market in 2016 because of:__________.
timofeeve [1]

Answer:

Stimulus diffusion

Explanation:

In simple words, When a concept spreads from its historical flame outwards, the original thought is altered by the future followers which is known as stimulus diffusion. Given of the manner civilization adjusts to various environmental, economic, as well as political contexts, mostly all cultural evicting will include some form of stimulus dissemination.

Thus, from the above we can conclude that the correct answer is stimulus diffusion.

7 0
3 years ago
Which of the following statements summarizes why the window of vulnerability is shrinking? People are getting better at enduring
Firdavs [7]

Answer:

More people are interested in information security, and have developed the skills to find new vulnerabilities.

Explanation:

In the past, few people are interested in information security due to the fact that, it was a new field that was not exploited then. This create an ample opportunity for the windows vulnerability for hackers. Currently, due to increasing interest in information technology, the vulnerability of windows are shrinking.

7 0
3 years ago
Which option identifies the type of budget development represented in the following scenario?
Alexus [3.1K]

Answer:top approach

Explanation:

4 0
2 years ago
Other questions:
  • A bond will sell at a premium when its coupon interest rate: is lower than the market interest rate on similar bonds. equals the
    9·1 answer
  • Lake City Plastics currently produces plastic plates and silverware. The company is considering expanding its product offerings
    15·1 answer
  • Write a brief story about a young person shopping at a local mall that incorporates all benefits of marketing ?
    7·1 answer
  • In order to continue operating, in the long-run a firm must a. ​Charge a price equal to its AVC b. ​Charge a price equal to its
    13·1 answer
  • Suppose an early freeze affects the market for oranges. The equilibrium quantity in this market will not change after the change
    5·1 answer
  • A real estate agent is considering changing her cell phone plan. There are three plans to choose from, all of which involve a mo
    10·1 answer
  • Lancelot Manufacturing is a small textile manufacturer using machineminushours as the single indirectminuscost rate to allocate
    6·1 answer
  • Evaluate<br>2a + 4b<br>or a = -2 and b = 3​
    15·2 answers
  • The world trade organization envolved from which of the following?
    6·1 answer
  • Mario is an avid collector of Major League Baseball memorabilia. He greatly desires to own the "special" bat that earned the slu
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!