The term inferior goods refers to goods that consumers demand less of when their incomes increase. The demand of this good would also decrease when the real GDP of the country increases. This would happen when a good would have a substitute that has more cost or price which would have an increase its demand as the people improve their income. An example would be coffee. A coffee from Mcdonald would be inferior to the coffee that is from Starbucks. When a person's income decrease, he would tend to buy coffee daily from McDonald since it is more affordable as compared to Starbucks. However, when his income rises, he would be preferring the one from Starbucks.
<span>She can expect a linear growth (slow but steady) in her investment. Michelle's interest in a simple interest investment is the amount she accrued on deposits with a certain interest rate. It is based on the original sum of money known as the "principal" which she invested. When someone make a payment on a simple interest loan, the payment goes through that month's interest, and the remainder goes toward the principal. Each month's interest is paid in full so it never accrues-- compounding doesn't occur. There is a big difference in the amount of interest payable on a loan if interest is calculated on a compound rather than on a simple basis which is what simple interest entails and this is why simple interest doesn't accrue as much as compounding your interest since the Interest is calculated only on the principal amount.</span>
an example of an I statement would be d: I feel hurt when you ignore me at meetings; it makes me think that you don’t value my opinion.
Answer:
Quantity supplied and demand.
Answer: "Make the person whole"
Explanation:Compensatory damages are paid or awarded to plaintiffs in civil cases where a person,group of persons or Organisations have caused some damages to the plaintiff due to their negligence and illegal conducts.
Compensatory damages can be asked in court by an attorney representing the plaintiff once adequate evidence has been established and can be proven in the law courts. When Compensatory damages are paid they make the affected person, group of people or Organisation to "whole" again.