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Contact [7]
3 years ago
8

The term _____________ describes a situation where a ________________ causes a reduction in the buying power of income, even tho

ugh actual income has not changed. question 3 options:
Business
1 answer:
Radda [10]3 years ago
6 0
The term income effect used in economics describes a situation where a higher price causes a reduction in the buying power of income, even though actual income has not changed. 
<span>It denotes the change in demand of a good or service as a result of a change in a consumer's discretionary </span>income<span>. </span>
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Which of the following statements is true of workbench memory? a. It has unlimited duration. b. Its capacity remains the same ac
Setler [38]

Answer:

E) It has limited capacity.

Explanation:

Our brain's workbench memory stores and encodes information so that it can  be stored as long-term memory, and eventually it can be retrieved and used in the future. Since it is something like an intermediate stage, it has limited capacity. The events that are held there and not stored in our long-term memory will be discarded.

3 0
3 years ago
Jacob, the vice president of Money-Makers, is reviewing the development program for the company's middle managers. He notes that
worty [1.4K]

Answer:

D) workshops involving business games and simulations

Explanation:

Employee development is is important because it helps to retain key employees, meet the challenges of competition, incorporate technological advances and improve overall employee performance.  

Employee development usually involves four different approaches:

  1. formal education: generally includes off-site or on-site education programs that are specifically designed for the company's employees and are dictated by consultants or universities, e.g. short term courses
  2. assessment
  3. job experiences
  4. interpersonal relationships

5 0
4 years ago
Which of the following is not an example of price discrimination by the only movie theater in town?
malfutka [58]

Answer: Charging one price at all times for all customers (D)

Explanation:

Price discrimination is a pricing strategy where identical or similar goods or services are sold at different prices by the same producer to the customers. In price discrimination, companies charge customer different prices based on the willingness and ability of the customers to pay.

This can be seen on cinemas as people are charged different prices and airline companies. In the question above, charging a lower price for children, matinees and people over 65years are price discrimination. For price discrimination not to exist, everyone must pay the same price for enjoying similar good or service.

5 0
4 years ago
One of the most important features of a filing and record keeping system is that it works for you and meets your needs true or f
MA_775_DIABLO [31]

Answer:

True

Explanation:

In record keeping using the filling method, it is done in-order to keep track of all the important documents and information regarding to the company. <em>This record keeping system could employ the manual method or writing with hand or the electronic method of storing such information using the computer or other electronic device.</em>

7 0
3 years ago
Andy can't make a deal with Danny. Andy has a Alex Rodriguez baseball card and would like to trade it to Danny for Danny's Alber
Bogdan [553]

Answer:

A. the double coincidence of wants problem.

Explanation:

Trade by barter involves the exchange of goods and services for goods and services without the use of money as a medium of exchange. In barter system, there is what we call double coincidence of wants. This is the economic situation whereby both parties holds what the other wants to buy, so they exchange the goods directly. Here, both parties agrees to buy and sell each other commodities. However, if one of the party is not interested in what the other party is offering, it causes a disruption in the trade. This disruption refers to a drawback in the system like the example described in the question.

Here, Andy couldn't make a deal with Danny even tho he wants what Danny is offering. This is because what Danny isn't interested in what Andy is offering. Thus, the double coincidence of want and barter trade can't occur between the two parties.

5 0
3 years ago
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