Answer:a higher quality item
Explanation:
A higher quality them
Answer:
Income effect
Explanation:
Own price increases are associated with decreases in quantity demanded, ceteris paribus. These decreases in quantity demanded are composed of two effects, the substitution effect and the<u> Income effect.</u>
We know as per the law of demand, price increases lead to decrease in the quantity demanded if factor remain constant.
Quantity demanded has effect of two other major factors:
- Subtitution effect.
- Income effect.
Subtitution effect: It is the price of subtitution goods & services also lead to increase and decrease of demand for any particular goods.
Example: Price of tea and coffee.
Income effect: It is the income of consumer that effect the demand of any goods & sevices, as with the increase in income of consumer, their demand for inferior goods decreases and demand for branded goods increases.
Example: Non branded clothes and branded clothes.
4.when you divide the closing price by the dividend you get a number higher thsn 50
Answer:
Yes.
Explanation:
<em>You are listening to gather intel on a particular individual or set of individuals.</em>
Answer:
it would become worthless
Explanation:
if they keep printing loads of money then the individual Zook dollar would decrease in worth
