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ExtremeBDS [4]
2 years ago
5

If you were wrongfully put

Business
1 answer:
Neko [114]2 years ago
3 0

Answer:

If you were wrongfully put  into an insane asylum, how  would you convince them  that you're actually sane and  not just pretending to be  sane? Why?

When one seeks for an asylum, at that moment in time there is no choice of the location or group of people it could be once it is far away from war zone or trouble or danger zone where one can find peace at least. Then if it is an insane asylum, the only way to prove of his sanity by doing what is termed as wrong, i mean doing what seems to others as wrong which would depict his sanity that is different from others. while pretending to be like others that are insane would only paint such an individual as insane as well because it would take time to prove such not to be insane.

Explanation:

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Consider a hypothetical economy in which the marginal propensity to consume (MPC) is 0.50. That is, if disposable income increas
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Answer:

The level of saving =  $450 billion - $400 billion= $50 billion

Marginal propensity to save = 1- marginal propensity to consume (MPC)=0.5

Expected consumption

MPC=  change in Consumption/ change in income 200 billion * 0.5 = $100billion

Therefore consumption = 100 billion + 400 billion = $500 billion

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Explanation:

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After assessing the market growth potential and market competitiveness in Mexico for his company's baby products, Harold wanted
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Answer:

After assessing the market growth potential and market competitiveness in Mexico for his company's baby products, Harold wanted to evaluate market access. To do this, Harold would consider ease of assessing or developing distribution channels and brand familiarity

<u>Explanation: </u>

Harold would, first of all, find out the ease in accessing the market. If he finds that it is easy to access the market or target the consumers than he will develop distribution channels. Distribution channels take lots of time and effort.

Than Harold will determine the brand familiarity which means he will make the consumers familiar with his company's baby products. Brand familiarity affects the consumer's information about the product.

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3 years ago
If Suzette responds to an increase in the interest rate by decreasing her saving, then, for Suzette, Select one: a. consumption
Ilia_Sergeevich [38]

Answer:

b. the increase in the interest rate creates an income effect that is greater than the substitution effect.

Explanation:

Interest rate can be regarded as amount that is been charged by lender for using an assets, this asset could be cash, goods, and this is usually display as a percentage of the lent principal.

The income effect gives shows how increased purchasing power can impact consumption, substitution effect on other hands, shows how changing relative income as well prices impact consumption. Both economics concepts give expression of changes that occur in the market as well as how this changes impact consumption patterns as regards consumer goods and services.

It should be noted that the increase in the interest rate creates an income effect that is greater than the substitution effect.

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<span> psychological pricing</span>
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