1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Natalija [7]
2 years ago
15

The demand for most products varies directly with changes in consumer incomes. Such products are known as Multiple Choice comple

mentary goods. competitive goods. inferior goods. normal goods.
Business
1 answer:
olasank [31]2 years ago
7 0

Answer:

The correct answer is letter "D": normal goods.

Explanation:

Normal Good is any good or service that sees its increase in demand as a result of an increase in income. Normal goods are defined as having an income elasticity coefficient of demand (<em>percentage change in quantity demanded by the percentage change in price</em>) which is lower than one (1) but is still a positive number.

<em>Consumer staples such as food, drugs, beverages, </em>and <em>basic household products</em> are considered normal goods.

You might be interested in
Walnut has forecast sales for the next three months as follows: July 4,900 units, August 6,900 units, September 8,000 units. Wal
Andreas93 [3]

Answer:

the budgeted selling and administrative expenses for July is $64,100

Explanation:

The computation of the budgeted selling and administrative expenses for July is shown below:

= Budgeted selling & admin cost + (per unit sold × July units)

= $20,000 + ($9 × 4,900 units)

= $20,000 + $44,100

= $64,100

hence, the budgeted selling and administrative expenses for July is $64,100

We simply applied the above formula

3 0
2 years ago
Bravo inc owns 20,000 of the 40,000 outstanding shares of bello, inc. common stock. During 2021, Bello earns 1,200,000 and pays
stealth61 [152]

Answer:

the  ending balance of the investment account is $870,000

Explanation:

The computation of the ending balance of the investment account is shown below:

= Beginning balane + [(earns - dividend) × (owns shares ÷total shares)]

= $750,000 + [($1,200,000 - $960,000) × (20,000 ÷ 40,000)]

= $750,000 + $120,000

= $870,000

Hence, the  ending balance of the investment account is $870,000

4 0
3 years ago
A _____ is a business structure of interdependent organizations that reaches from the point of product origin to the consumer, w
Oksi-84 [34.3K]

Answer:

C) marketing channel or channel of distribution

Explanation:

The distribution channel (or marketing channel or downstream supply chain) refers to the chain of businesses that act as intermediaries through which a product or service passes. The distribution channel starts at the producer of the product or service and ends in the final customer.

4 0
3 years ago
maintenance and operations are part of which career cluster 1Engineering 2,architecture,3architecture and construction 4,enginee
SOVA2 [1]

Maintenance and operations are part of which career cluster: 2. Engineering

Although there are maintenance and operations in most career clusters, out of the choices listed the best answer is engineering. Many operations and maintence repairs are figured out by engineers because they have gone to school and have learned how to built these types of items. Operations and maintenance is needed in building refiners, power plants and repairing equipment.

5 0
3 years ago
Describe a real or made up but realistic example of a product that went through a time of scarcity, when demand was greater than
Sidana [21]
A car a bed or a bathtub
8 0
3 years ago
Read 2 more answers
Other questions:
  • Because training is expensive it is important for an organization to:____________.
    15·1 answer
  • What does it mean to have liability for a company
    11·2 answers
  • What is your advertising objective if you want to ensure your content catches the eye of the people who want what you offer?
    9·1 answer
  • Soft drink manufacturers face (a) ________.
    9·1 answer
  • Product mix width refers to the ________. A) number of versions offered for each product in the line B) ways in which the variou
    8·1 answer
  • Sam wants to grow in his current role, and he decides to take a three-month skill enhancement course. Sam is demonstrating .
    7·1 answer
  • Amy, a single individual and sole shareholder of Brown Corporation, sold all of the Brown stock for $30,000. The stock basis was
    5·1 answer
  • Marginal cost A) is the increase in total cost resulting from producing one more unit. B) is the average cost of production divi
    6·1 answer
  • Mary is 38 years old and many of her friends have gotten into trouble using their credit cards to buy things they can't afford.
    8·1 answer
  • An organization that mediates and resolves discord among members of society is what kind of organization?
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!