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QveST [7]
3 years ago
11

In 2009, the worst recession in 80 years hit the United States, generally reducing household incomes. Despite this, profits and

sales for certain enterprises such as McDonald's and Dollar General actually increased during this time. What is the most likely conclusion about the products sold by these stores?
Business
2 answers:
Lelu [443]3 years ago
8 0

Answer:

These stores sell inferior goods and services.

Explanation:

An inferior good or service is a good or service whose demand decreases as the income of their consumers increases, i.e. if the consumers are earning more money, they will consume less of them.

On the other hand, when their consumers' income decreases, their demand increases.

Both McDonald's and Dollar General are business that sell cheap goods and services, so when the financial crisis decrease American households' incomes, they more people purchased their goods and services.

atroni [7]3 years ago
5 0

Answer:

They are inferior goods.

Explanation:

Inferior goods would undergo an increase in demand as income falls, which fits the scenario described in the question for these firms.

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erica [24]

Answer:

B) lockout

Explanation:

Since in the question it is mentioned the manufacturing Peterson and the local steelworkers contain the negotiation breakdown also is keep out of the work place and runs the operations with non permanenet replacements

So here to overcome this breakdown, the lockout strategy is used

And all other given options are wrong.

7 0
3 years ago
Forlornistan is a country in the midst of a serious economic downturn. Forlornistan's GDP has declined steadily for over three y
goblinko [34]

Answer:

The correct answer is option c.

Explanation:

Forlornistan is experiencing an economic downturn, the GDP has steadily declined, the employment rate is very low and the CPI is falling.

All these characteristics show that the economy is going through economic depression.

Depression refers to the situation in which an economy suffers a downturn in economic activities. It involves decrease in output level, price and employment rate.

6 0
3 years ago
You see information everywhere. Sometimes it is useful and sometimes it is not. Think of a scenario in which you think informati
IRISSAK [1]

Answer:

Getting Hacked

Explanation:

Information is one of the (if not the most) powerful weapon that exists and a great asset to those that possess it. That being said if you get hacked and that information gets stolen it can easily turn from being an asset to a liability. The individual that stole this information can use it against you in many ways such as stealing money, blackmail, using your identity, etc. The possibilities are endless.

5 0
3 years ago
Productivity is a measure of:
Arisa [49]

Answer:

c. the amount of input needed to create a certain output.

Explanation:

Productivity measures the efficiency in the use of the company's resources in the production process. The term productivity is associated with reduced wastage, high quality, and a high input to output ratio.

Productivity is about how well a company uses inputs to generate output. It is measured by calculating the volume of output per hour or comparing the total output against the number of employees.

3 0
3 years ago
New balance has many offerings. it makes the minimus line of shoes with a vibram outsole and revlite cushioning for those who wa
Colt1911 [192]
<span>The strategy of appealing to different types of customers in this way is an example of product definition.
</span><span>The product definition includes product concept, design requirements and specifications, features, target market.
</span>First the company must understand the customer<span> needs and then it should convert this understanding into technical requirements for a new </span>product<span>.</span>
8 0
3 years ago
Read 2 more answers
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