<span>(B) is the most correct answer. When deriving demand curves for goods, income and substitution effects can work in concert with each other or they can work in opposing directions. These effects can end up causing shifts in the curves that need to be understood to make sure that they are being adequately addressed in the overall curves of all related goods.</span>
Answer: Option (C) is correct.
Explanation:
The percentage markup is the difference between the selling price of a commodity and the cost of producing it.
Suppose there is a product whose selling price is $150 and the cost of producing the product is $100.
Therefore, the percentage markup =
= 50%
So, if the demand of a product is inelastic then the firm can charge higher prices which results in higher mark up over cost. Alternatively, if if the demand of a product is elastic then the firm can charge lower prices which results in lower mark up over cost.
Answer:
C) 10.92 years worth of payments
Explanation:
Answer:
STIMULUS
Explanation:
In biology, a cause is a measurable change to the internal or external state of an individual's physical or chemical framework. When a stimulus is delivered to a sensory receptor, by stimulation transduction it usually elicits or affects a response.
Therefore, Bill's behavior of speeding over the legal limit is also said to be included in STIMULUS regulation while his buddies are with him.
This type of financing is called a mortgage loan. This is widely used in real estate business. The buyer acquires the real estate property, say a house. Without paying the full price of the house, you can apply for a loan, usually with banks. In return, you are going to allocate monthly payments to pay off the principal amount that you borrowed plus the interest of your loan until all debt pays off. Until the debt is not yet cleared, your property is declared as collateral.