When you get hired for a well-paying job, you will most likely view older used cars as<u> inferior goods.</u>
<h3><u /></h3><h3><u>What are inferior goods?</u></h3>
As consumer income rises, customer demand declines for a class of inferior goods. Low-cost alternatives to "normal products," or necessities like food and household supplies, are frequently found in inferior goods. For instance, when someone's wage is cut, they might buy cheaper, poorer things than they would otherwise. When their earnings increases again, they're more likely to buy regular things rather than cheap ones.
The word "inferior" refers to the product's price and perceived worth rather than its quality. The quality may occasionally be inferior to an equivalent standard good, but it may also occasionally be the same. In reality, there are occasions when the only distinctions between regular goods and equal substandard goods are the packaging and price of the goods.
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<span>Consumers were looking for a lemonade which gives them fresh feeling by the appearance. A blue or Mint colored drink would have appealed more. Red seems too bright a color for a lemonade and customers avoided to try it due to psychological reasons.</span>
Answer:
a. International standards
Explanation:
Firms use many techniques for determining the wage structure for positions within the firm.
However International standards is not normally used by firms to determine their wage structures
Firms usually will consider Job evaluation outcomes before promoting staff to a new level which will better pay, hence wages culd be performance-based
They also use Comparable worth for workers who do the same job to earn the same pay
Wage surveys are also done to benchmark the level of wages paid by competitors within the same industry.
Answer:
$11
Explanation:
"The required return for the computer chip industry is 15%, and the company has just gone ex-dividend (i.e., the next dividend will be paid a year from now, at t 1) (Round your answer to 2 decimal places.)"
g = ROE*b
g = ROE * (1-Payout ratio)
g = 20% * (1-0.5)
g = 10%
P0 = D1/k-g
P0 = D0(1+g) / k-g
P0 = 0.5(1+0.10) / (0.15+0.10)
P0 = $11
S0, the market price of Chiptech stock is $11