If the demand for steak (a normal good) shifts to the left, the most likely reason is that consumer income has fallen.
<h3>What is a normal good?</h3>
Normal goods are goods that are goods whose demand increases when income increases and falls when income falls.
The demand curve shows the relationship between price and quantity demanded. A shift to the left of the demand curve indicates that demand has decreased.
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If the united states government lowers the income taxes on the wealthiest americans, while decreasing welfare payments to the poorest americans, the result will likely be <u>increase</u><u> in</u>efficiency and in <u>inequality</u> in the united states
<h3>What is equality?</h3>
Equality can be defined as the way in which wealth or income are distributed equally or when their is equal wealth distribution in a society.
If the united state of America intend to reduce the income taxes of the richest people and reducing the poor people welfare payment the outcome of this action is that it will lead to inefficiency while increase equality or reducing inequality.
Therefore the result will likely be <u>increase </u>efficiency and in <u>equality</u> in the united states
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Answer:
D. Both are able and willing to supply the good, and have already identified a buyer
Answer: Combination resume
Explanation:
A combination resume combines a person's skills and abilities as well as what they have accomplished so far in their lives. This includes work experience, education and volunteer work.
This is the kind of resume that employers prefer because it shows them whether a person would be suitable for a job based on their skills as well as their work experience.