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3 years ago

If an increase in income induces a reduction in quantity demand for rice, rice can be referred to as

SAT

1 answer:

Luden [163]3 years ago

6 0

The answer is b -an increase in income will cause the demand curve of an inferior good to shift to the left.

Explanation: An inferior good is a good whose demand reduces as income increases. It's demand has an inverse or negative relationship with income. Therefore as the income of the individual increases, the demand for an inferior good reduces. On a graph, the reduction in demand is depicted by an inward shift of the demand curve or a shift of the demand curve to the left to show a reduction in demand. Income is one of the factors that leads to a shift in the demand curve. The income elasticity would be negative

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The math department at a small school has 5 teachers. The ages of these teachers are 23, 34, 37, 42, and 58. Suppose you select

denis23 [38]

The graph that shows the sampling distribution of the sample minimum age is; Option C Graph

<h3>Sampling distribution</h3>

We are given the ages of the 5 teachers as;

23, 34, 37, 42 and 58.

The options that show the sampling distribution of the sample minimum age has been attached.

Since 4 teachers will be selected out of the 5, it means that the minimum age of the 4 selected teachers will be 23 years of age 4 time while the minimum age will be 34 if the 23 year old teacher is not selected.

In conclusion, the sampling distribution for this scenario of minimum age should show 4 teachers at the 23 year mark and 1 teacher at the 34 year mark.

Read more about sampling distribution at; brainly.com/question/15077367

7 0

2 years ago

The traits of a good leader are easily acquired.

Georgia [21]

The Traits of a good leader are.....

1. Courage - A leader can lead his team if he isn't willing to take risks

2. Confidence - The leader has to believe in himself and his team

3. Honesty - The leader must be honest and never keep a secret from the team

4. Humble - He doesn't think of himself as the best

5. Compassionate - Must be willing to help his team with problems they're facing

None of these are easy to acquire, it takes time and practice. So the statement is false

5 0

3 years ago

Which one of the following is the most widely used source of short-term funding that Mr. Boyd (and other small business owners)

ANEK [815]

The most widely used source of short-term funding that Mr. Boyd (and other small business owners) would use to operate their business is trade credit.

<h3>What is Trade Credit?</h3>

This refers to the purchase financing where a person is allowed to collect goods and pay for them at a later date.

Hence, we can see that short term fundings are used to help startups and other businesses to stay afloat and the type of funding used by Mr. Boyd is trade credit.

Read more about trade credit here:

brainly.com/question/18648957

#SPJ1

8 0

2 years ago

After years of washing his laundry at the corner Laundromat, Marco was glad to move into an apartment with washer and dryer hook

Damm [24]

Answer: Ture. It satisfies Utilitarian needs

Explanation:

Utilitarian needs are our basic needs or those needs that either make our lives better if they were to be satisfied.

They can be satisfied by buying products that satisfy our basic needs as well as products of great quality with cheaper pricing, offer us variety and/or give us more convenience.

The washer and dryer that Marco is going to buy will give him more convenience which means that it is satisfying a Utilitarian needs.

7 0

3 years ago

which of the following 1920s topics frequently appeared in the writing of the lost generation? select the two correct answers.

Morgarella [4.7K]

Answer:

A culture of consumerism

D aftermath of World War I

Explanation:

3 0

2 years ago