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const2013 [10]
3 years ago
13

How can a change in income shift a demand for goods?

Business
1 answer:
salantis [7]3 years ago
8 0

The demand of something means how the insistency or desire to purchase that item. When there is a shift in income, demand for goods change drastically. If the income level for a person rises, then the demand for goods that they may not have been able to afford before rises and the cheaper options decline. If the income shift drops, the demand for the goods previously affordable may go down, due to not being able to afford them anymore.

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When the economy of a country is operating close to its full capacity:?
Vika [28.1K]

Answer:

When the Cyclical unemployment is close to zero.

Explanation:

Cyclical unemployment is equal to zero when: there is no recessionary gap. there is no expansionary gap. actual GDP and potential GDP are equal. frictional unemployment equals structural unemployment.

3 0
3 years ago
Kendrick's job responsibilities have recently been changed as part of a decentralization effort taking place at his office. He h
lakkis [162]

Answer:

This is an example of Job enrichment

Explanation:

Job enrichment means that jobs are restructured or redesigned by adding higher levels of responsibility. This practice includes giving people not only more tasks but higher-level ones, such as when decisions are delegated downward and authority is decentralized.

3 0
3 years ago
A&B Enterprises may add customer appraisals as a component of employee performance appraisals. All of the following are most
Vitek1552 [10]

Answer: Evaluating Development Programs

Explanation:

Customer Appraisal is very and should be very important to companies because it is a critical source of information that guides a company on knowing Consumer Behavior.

Knowledge of Consumer Behavior can make or break a company as it enables them to know if they are satisfying their customer's needs.

Fostering Change, Holding Employees Accountable and Demonstrating a commitment to Customers are main reasons for Customer Appraisals. Evaluating Development Programs is not likely to be a reason so is the correct answer here.

5 0
3 years ago
A teenage driver crashes her​ parents' minivan into an office​ building, causing​ $85,000 in damage to the building. The automob
bulgar [2K]

Answer:

The driver will pay $10,000, because the insurance company can pay max $75,000 as regulated in term "insurance limit 100/250/75"

Explanation:

the insurance limit 100/250/75 coverage, which translates into $100,000 coverage per person for bodily injury, including death, that you cause to others; $250,000 in  bodily injury per accident; and property damage up to $75,000.

7 0
4 years ago
Sally, Greg, Juan, and Amar are working on a project for a customer that is aimed at cutting the client's electrical costs. The
creativ13 [48]

Answer: Option A

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Hence from the above we can conclude that the correct option is A.

3 0
3 years ago
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