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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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Which document put you at the least risk of identity theft? A.cash receipts. B.pre-approved credit card offers. C.old tax record
baherus [9]
B is your answer! Hope that helps!
8 0
3 years ago
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You are asked to give a presentation for a local university business class. What should you focus on first when preparing for yo
uranmaximum [27]

When giving an oral presentation, the focus of the presentation should be on:

  • What you are saying (Verbal)
  • How you are saying it (Vocal); and
  • Everything the audience can see about you. (Visual)

<h3>What is an oral presentation?</h3>

An oral presentation is a speech being delivered in person to an audience verbally and in person.

As indicated above, the key components of the oral presentation are:

  • The verbal elements
  • The Vocal elements; and the
  • Visual Elements.

Learn more about oral presentation at:
brainly.com/question/25314091

6 0
2 years ago
The population of a country has a relative growth rate of 3% per year. The government is trying to reduce the growth rate to 2%.
Murrr4er [49]

Answer:

185,023,041

Explanation:

Given,

The original population of the country, P = 110 million,

Growth rate, r = 2% = 0.02,

Number of years from 2011 to 2037,

Time, t = 26 years,

Hence, the projected population would be,

A=Pe^{rt}

=110e^{0.02\times 26}

=110 e^{0.52}

=185.023041467\text{ million }

=185023041.467

\approx 185023041

8 0
3 years ago
A major goal of integrated marketing communications is to send a consistent message to _____.
Firlakuza [10]

Answer:

Customers

Explanation:

The goal of integrated marketing communications is to revamp the traditional marketing approach by encouraging cohesion and synchronicity among the various modes of communication used by businesses to reach consumers/customers.

4 0
3 years ago
When production is characterized by opportunity costs, the resulting production possibilities frontier will be a straight line.
MatroZZZ [7]

People often produce goods. When production is characterized by opportunity costs, the resulting production possibilities frontier will be a straight line is a true statement.

<h3>What is opportunity cost in terms of production?</h3>

The opportunity cost of transporting or changing from one efficient combination of production to another that is better is simply defined as how much a specific good that is one goods is given up so that a person can get more of another kind of goods.

Opportunity cost is said to be seen when spending more money on an item.

Due to the above, when production is seen to be more of constant opportunity cost, the resulting production possibilities frontier is known to occur on a straight line.

Learn more about Production from

brainly.com/question/1501489

7 0
2 years ago
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