Answer:
Consumer would switch from premium brands to lower-priced ones
Explanation:
On recession the income lowers.
Based on the lower income, the consumers will switch from normal goods to inferior goods. Thus, the inferior goods demand increase as the income lower's.
The taxes won't increase as, the lower income will decrease the tax collected.
The property value will decrease, not increase as there is less demand for real state.
If if this discretionary income then, it is assigned to none. It will be asigned to anything the consumer wants to.
Answer:
c is correct
Explanation:
as we always plan something before doing it
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Answer:
For centuries the guideline for business transactions was the Latin term “caveat emptor” (let the buyer beware). This principle suggests that the seller is not responsible for the buyer’s welfare. In other words such principle gives the buyer the sole responsibility for checking the quality and suitability of the goods that he is buying from the seller before making a final purchase.
Income before tax is the income that is before it has been taxed or before applying deduction.
<u>Explanation:</u>
An individual or organization's salary before taxes and deductions is before tax income for that company, organisation or for a single individual.
For singular pay, it is determined as the person's wages or pay, venture and resource gratefulness, and the sum produced using some other wellspring of pay. In an organization, it is determined as incomes less costs.
