In order to increase the capital stock, society must divert resources that could be otherwise used to increase the supply of consumer goods.
Consumer goods:
- Consumer and capital goods are the two main categories of products produced in the economy, and if capital stock has to rise, resources for capital goods must also rise, reducing the supply of consumer goods.
- Customer goods are items that the typical consumer purchases for consumption. Consumer goods, also known as final goods, are the products of production and manufacture and are what shoppers will find placed on store shelves. Consumer goods include items like jewelry, clothing, and food.
- Any tangible good produced and later purchased to satiate the buyer's present requirements and perceived wants is referred to as a consumer good in economics. Durable, nondurable, and services are the three subcategories of consumer products.
- Consumer products can be divided into four categories. They are shopping items, specialty items, convenience items, and unanticipated items.
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<span>The person that is being described above is a
technical director. It Is someone who is responsible in a engineering firm or
company in the software category but they also resides in the theatrical
company in which they are responsible in the elements they are trying to show
on stage such as the sceneries and the platforms.</span>
Answer:
Situational Factor
Explanation:
The factor has to do with Jane's involvement in the task of buying the blanket. Jane cannot afford to drive 50 miles to buy the blanket at a cheaper price because she works a full time job and takes care of her three children. although it is cheaper she cannot afford the time it takes to drive 50 miles on her busy schedule and finds it easier to order it online as it will be delivered to her door step.
I have a book. This book is called The Handy Anatomy Answer Book. I assume it's about anatomy. It is right. I read into it and realized that your lymph nodes are swollen it could be because there is excess blood flow to the tissue.
Answer: Irrational escalation
Explanation: Irrational escalation of commitment occurs when an individual's tends to make irrational decisions in situations where walking away should have been the best. The irrational escalation of commitment in the context above could result due to circumstantial nature of a negotiation or competitiveness whereby negatiators ends up paying or making overboard decision in situations where it isn't necessary.
In the context above, in other to avoid irrational escalation of commitment, Juanita and her team already set a reasonable reservation price and she frequently checks her BEST ALTERNATIVE TO A NEGOTIATED AGREEMENT, which is what a negatiator will do if they fail to reach an agreement. This ensures that irrational decision is avoided in the course of a pronloged or competitive negotiation.
