Answer:
increases consumption in both periods.
Explanation:
A normal good is any product or service whose demand increases as consumers' income increases. The demand for a normal good will also increase due to the improvement in economic conditions in an economy.
A normal good is regarded to be of high utility value. Its consumption provides consumers with greater satisfaction. As a result, if consumer's income increase, demand for normal goods increases. Should consumption increase in a period, the demand will increase. The demand will continue to rise if incomes increase.
C) the people that purchase goods and services
Answer:
Having a great marketing strategy in place is key to the success of any business. Without a marketing strategy, you lack focus. And without focus, you will, quite simply, fail to reach any of the goals and objectives that you have set. Failure to plan is planning to fail.
Marketing is not a standalone, one-off activity. It is made up of several different components that are necessary throughout each and every stage of a business’s endeavours - from long before a sale is even made, to long after. With so much going on, it is essential to have a strategy in place.
Answer:
Explanation:
1. What is the partial effect of expendA on voteA?
ΔvoteAΔexpendA=β2+β4expendB→0.0382809+−6.63e−6expendB
2. Is the expected sign for b4 obvious?
Yes because the expendB alone is a negative and expendA is a positive leaving B4 to be a negative number .