Answer:
It will lead to an increase in consumption of good X only if X is a normal good ( D )
Explanation:
If consumer has rational, monotonic and convex preference the decrease in price of good X will lead to an increase in consumption of good X only if X is a Normal good .
This is because the demand for Normal goods increases with increase in consumers income. therefore <em>a decrease in price will automatically lead to an increase in demand because of the increase in the purchasing power of the consumer's income.</em>
I think the answer is all of the above
Answer:
territory analysis
Explanation:
According to my research on the different types of business analysis, I can say that based on the information provided within the question the scenario indicates the team is currently involved in territory analysis. This is the process of analyzing different territories for potential sales of different products.
I hope this answered your question. If you have any more questions feel free to ask away at Brainly.
Answer:
12
Explanation:
Calculation to determine the marginal product of adding the 4th worker
Using this formula
MP=ΔTPΔL
Let plug in the formula
ΔTP=57−45
ΔTP=12
Therefore The marginal product of adding the 4th worker is 12 sandwiches.
I don’t get it umm maybe try explaining it more
