Answer:
The correct answer is C. when income increases, demand for a normal good increases while demand for an inferior good falls.
Explanation:
The normal good is that whose quantity demanded for each of the prices increases when the rent increases. A lower good is one whose quantity demanded decreases when income increases. The inferior goods are usually those for which there are higher quality alternatives. When it comes to a normal good, increasing the income of the consumer increases the quantity demanded at each price. Causing a shift in demand to the right.
Most art and antiques are <u>illiquid</u> and the transaction costs are <u>high</u> compared to those of financial assets.
"in addition to online services and SERPs, it's far feasible to find out how a great deal your antiques are worth by means of simply asking a vintage dealer or an appraiser at a public sale house, for example," Martin says.
In quick, vintage is a hundred years older, while antique is younger, although commonly nonetheless prior to 1999. it's a rather easy difference, but not necessarily as important as you watched it might be. The age of a chunk doesn'tdirectly correlates to price.
A real leather-based jacket from the Nineteen Forties could be taken into consideration as antique garb. Dictionary.com offers several definitions of the phrase antique: “of or belonging to the beyond; now not modern;” “relationship from a long ago;” and “noting or bearing on cars about 25 years vintage or more.”
Learn more about antique here brainly.com/question/1475385
#SPJ4
Deposit (PV): $10,000
Years between the 18th month and the fifth year (n) = 3.5
(I)=7% yearly interest rate
Simple interest approach accumulated value equals P*(1+(i*n)).
=1000*(1+(7%*3.5))
=1245
Thus, the total value at the end of five years will be $1245.
Compound interest method accumulated value equals P*(1+i)n
=1000*(1+7%)^3.5
=1267.19
Therefore, the total value after five years will be $1267.19.
Learn more about simple interest here ;
brainly.com/question/25845758
#SPJ4
Answer:
I.Communicates business activities
II.Identifies business activities
III.Records business activities
IV.Helps people make better decisions
Explanation:
Accounting is an information measurement system that identifies business activities, records the business transactions as they occur, in order in which they occur, communicate the result of operations to interested parties which helps all the stakeholders make informed decision.
The main goal of accounting information is to communicate the true and fair view position of the entity to people that may want to make informed judgment on the entity.
The answer is "open innovation".
It is because that organizations have found that with a specific end goal to create enough helpful new item thoughts, they have to make utilization of open advancements by which an association creates key connections to outside individual or association keeping in mind the end goal to make new item thoughts. Open innovation is a term used to advance a data age outlook toward advancement that runs counter to the mystery and storehouse mindset of conventional corporate research labs.
