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melisa1 [442]
4 years ago
14

When the price of chocolate chip cookies increased to $3 per package, Samantha began to buy oatmeal cookies instead. This situat

ion is an example of the
Business
2 answers:
xenn [34]4 years ago
7 0

Answer:

substitution effect The supply curve slopes upward because at a higher price, producers have an incentive to produce more.

Explanation: Google

Alchen [17]4 years ago
6 0

Answer:income effect

Explanation:

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Which one of these is the best way to prevent foreclosure? Save at least 1% of your home’s purchase price annually Refinance as
GenaCL600 [577]

Answer:

Use a budget to live within your means and build saving

Explanation:

Taking loans in engaging in capital projects are not to be discouraged,but the opinion or the fear of the masses is, if such loans could be paid back or the lender will be forced to apply foreclosure on your assets.

Through living within your means and with a healthy and well planned saving budget,all borrowed money will be definitely paid back to the lender .

4 0
4 years ago
The traditional nonprofit sector has experienced considerable change in recent years with new strategies, actors, and funding ve
hichkok12 [17]

Answer:

a. True

Explanation:

The Traditional nonprofit center has been changing like the profit for the business in the current years. It includes the various types of strategies and the techniques for funding and different new sources of funding has been provided due to this it created the large amount of capital for the social good purpose

Therefore the given statement is true

7 0
3 years ago
When buyers refuse to pay a product’s stated price or when improvements in other items or fashion changes reduce the appeal of t
hoa [83]
Reduction in the price. If they do not reduce the price, then people will not buy the product, and they will be left with too many of the same products. 
4 0
3 years ago
McGregor Company allows customers to pay with credit cards. The credit card company charges McGregor 3% of the sale. When a cust
Liono4ka [1.6K]

Answer:

C. Debit Service Fee Expense for $6

Explanation:

McGregor only uses the services of the Credit Card company for their own activities, therefore, aside from the income of the service provided of $200, the credit card company will charge McGregor for the use of credit card services by the customer.

As such, since it is the decision of the customer to pay with a credit card, then the customer must bear the service fee expense of 3% of the cost of the service which is $6. Hence, Option C is correct. It means aside the $200 for the service, there is a need to debit service fee expense for $6

Option D is wrong because only $200 is service revenue, it has to be clearly stated that the 3% of $6 is different from the service revenue and should be debited as service fee.

If the customer is reluctant to make the payment, then there is an allowance to pay cash instead of using the credit card service.

5 0
3 years ago
"you never get a second chance to make a good first impression," captures the importance of the __________ step in the selling p
alexgriva [62]

Answer:

Answer is Approach.

Explanation:

The Approach is a step involved in selling when the salesperson calls on the person first time. The objective of this step is to start a relationship and to give an impression of professionalism and also creating a good rapport.

4 0
4 years ago
Read 2 more answers
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