Answer:
This allows WeBuy&Sell.com to earn high profits at a very low cost. According to the given scenario, WeBuy&Sell.com has high scalability.
Explanation:
In an economic context, a scalable business model implies that a company can increase sales given increased resources.
I would argue yes, you don’t want to borrow a loan because then they still charging fees if you don’t pay monthly. Taking a year of to earn money for school and not having to loan money is a great idea.
Answer:
the lifetime learning credit is $38
Explanation:
The computation of the lifetime learning credit is shown below:
= 20% of tuition cost
= 20% of $190
= $38
Hence, the lifetime learning credit is $38
We simply applied the above formula so that the correct value could come
And, the same is to be considered
he is eligible for 20% only so the same is relevant
Answer:
The substitution effect will cause a decrease in the consumption of peanut butter and the income effect will cause an increase in the consumption of peanut butter.
Explanation:
Inferior goods are those whose demand drops as income increases. People tend to prefer other goods but are forced to use the inferior good because of income constraints.
If peanut butter is an inferior good and the price rises substitution effect will tend to cause a decrease in demand and consumption of peanut butter. This is because consumers will seek other alternatives.
Income effect acts in opposite direction to substitution effect, and will cause an increase in consumption of peanut butter.
