Which occurrence could cause the demand curve for cars in your city to shift to the left? A layoff of 500 workers at the city's airport.
Out of the choices, a layoff of 500 workers is the only negative impact that would happen. When there is a shift to the left of the demand curve, then there is a decrease in the demand that is needed. Some exmaples of a shift to the left of the demand curve is a decrease in income, decrease in the price of a substitute product or service and the rise in a price of another option. All of these are negatively going to effect consumer demand for a good or service.
Answer:
D. They are likely to collect more information and evaluate more brands
Explanation:
The five customer segments of technology adoption are : innovators, early adopters, early majority, late majority and laggards.
An early adopter is a customer who adopts new technology fast and before others do. They are more likely to be opinion leaders and less likely to extend adoption process.
An early majority is a customer that adopts new technology after the innovator and early adopter. They collect information from the innovator and early adopter before adopting new technology.
Answer:
Tax collection
Explanation:
The IRS collects taxes, interprets the tax laws, and holds people accountable for paying taxes.
Answer:
The expected value of the car you will buy is $22,000
Explanation:
In the given question, the car values are symmetrically distributed which means that we have to compute the mean between the values that are mentioned in the question.
So, the mean is an average of the numbers, the computation is shown below:
= (Value 1 + value 2) ÷ (number of observations)
= ($20,000 + $24,000) ÷ 2
= $22,000
Answer: False
Explanation:
Title VII of the Civil Rights Act of 1964 expressly forbids the discrimination of groups based on race which is what the Ku Klux Klan stands for.
As a result, the employer does not have to accommodate the employee's deeply held beliefs if they will cause a violation of Title VIII in the operations of the company.
