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
anyanavicka [17]
3 years ago
9

If an increase in income results in a leftward shift of the demand curve for product X, then X is a (anGroup of answer choices(a

)status good.(b)normal good.(c)inferior good.(d)prestige product.(e)weird product.
Business
1 answer:
serg [7]3 years ago
4 0

Answer:

c)inferior good.

Explanation:

A shift in demand occurs when other factors apart from price cause a change in demand.

In this instance, demand is shifting as a result of an increase in income.

If income increases and demand for the good shifts to the right, it means less of the good is being demanded. This implies that the good is inferior and when people have more money they forgoe it for more superior goods.

You might be interested in
Understanding the purpose of your research project will assist you in
Phoenix [80]
I don't understand what your asking?

7 0
3 years ago
The first step in the market research process is to define the objectives and research needs. what was nike’s primary objective
Alika [10]
<span>The first step in the market research process is to define the objectives and research needs. Nike's primary objective in conducting this research was that Nike wanted to understand its female customers.
The objectives that Nike set for their company was to understand better the women that buy their products. Thus, they conducted a research in order to do so, so as to see what drives their female customers to buy their shoes and other equipment and then tailor their products to their needs even more.
</span>
6 0
4 years ago
You can either take a bus or drive your car to work. A bus pass costs $5 per week, whereas driving your carto work costs $60 wee
sukhopar [10]

Answer:

Explanation:

At a wage of $10/hour

Cost of a bus pass - $5

Two way trip =$10

Weekly bus trip = 10*5 -$50 (to & fro)

Extra time spent with bus 5hr (to & fro)

(leisure time are charged at wage rate )

Extra wage forgone with bus = 10*5= $50

the cost of earning extra if i drive =$60

Cost outweighs benefit

I will prefer to go by bus.

But if wages increase to $20

Leisure time valued at $20, Extra wage forgone = 20*5 = 100

Cost of earning extra if i drive by car = $60

If i drive the car . i will save extra time that worth a benefit of $40/week

If the wage increase to$20 , i will prefer to drive my car.

5 0
4 years ago
A factor that makes it desirable for business organizations to actively manage their supply chains is:
sesenic [268]

Answer:

The correct answer is a. increasing globalization.  

Explanation:

Globalization is a fact that, today, cannot be denied. Its acceptance is such by society that on many occasions we do not stop to think about what consequences it can have, without going any further, in the area of ​​logistics.

Within the globalization its first consequences can be observed in the fact that logistics operators have become part of the production chain of companies. The new forms of work, of the Just In Time or Just In Sequence type, have meant that many companies cannot have all the necessary infrastructures to be able to maintain these two types of production, since for them a level of technical knowledge and of economic potential, something that not all companies can do. Thanks to that, logistics operators have assumed that role within the Supply Chain while doing supply and distribution tasks, as well as storage, which take care of the moments of greatest tension in the supply chain and They ensure that the merchandise arrives at the right time.

7 0
4 years ago
Adding expectancy theory to the model of motivation and performance illustrates how the interaction of valence, expectancy, and
grin007 [14]

Answer:

<em>Rewards they want</em>

Explanation:

<em>Expectancy theory</em><em> is about the selection or failure of mental processes. This describes the choices made by an individual's processes. </em>

Expectancy theory is a theory of motivation first introduced by Victor Vroom of the Yale School of Management in the study of organizational behavior.

This theory highlights the need for companies to directly relate incentives to success and to ensure that the rewards given are the rewards that the recipients expected and desired.

4 0
3 years ago
Other questions:
  • You are in charge of the local city-owned aquatic center. You need to increase the revenue generated by the aquatic center in or
    5·1 answer
  • Larry tells you that his 10-year-old cousin recently completed an intelligence test that translated raw scores into deviation iq
    9·2 answers
  • a call option on Jupiter Motors stock with an exercise price of $75 and one-year expiration is selling at $4. A put option on Ju
    8·1 answer
  • If a firm is experiencing _____________________, then as the quantity of output rises, the average cost of production rises. dec
    13·1 answer
  • Which one of the following is an example of a nondiversifiable risk?
    9·1 answer
  • A $2.00 increase in a product's variable expense per unit accompanied by a $2.00 increase in its selling price per unit will: A)
    14·1 answer
  • When evaluating advertising​ results, what post testing technique can be used to measure​ consumer's beliefs or feelings about a
    13·1 answer
  • Câu 1 Bản chất của quản trị chiến lược là phác thảo hình ảnh tương lai của doanh nghiệp trong lĩnh vực hoạt động trên cơ sở khai
    9·1 answer
  • What are new guidelines issued by GAAP for consolidating entities
    11·1 answer
  • Which document do property managers and the owners they represent sign to formalize the agency relationship?
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!