Answer:
Explanation:
"I spend more on orange juice even as the price rises".
This implies that orange juice is not an inferior good because people demand less of an inferior product when their prices fall. In this case more is demanded as price rises implying that orange juice is being viewed as a luxury good or healthy drink. Consumers tend to interpret certain price increase positively and view the goods as superior.
Does this mean that I must be violating the law of demand?
YES
Generally, the law of demand states that, "citeris paribus (with all things being equal), as the price of a good rises, quantity demanded falls; conversely, as the price of a good falls, quantity demanded increases".
Therefore if "I spend more on orange juice even as the price rises", then obviously the law of demand is being violated
A bond issue consists of a number of bonds, usually in denominations of $1000 or $5000 and is sold to many different lenders.
<h3>What is a bond?</h3>
It should be noted that bonds are securities that can be readily bought and sold.
In this case, a bond issue consists of a number of bonds, usually in denominations of $1000 or $5000 and is sold to many different lenders.
Learn more about bonds on:
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Answer: Advertising seeks to appeal to a mass audience with a uniform message.
Explanation:
Answer:
Design Capacity Utilization= 75%
Production efficiency = 120%
Explanation:
Okay, so the question is to determine both the design and the effective capacity utilization measures and make a conclusion from there
1. The Capacity Utilization = The Actual Output/ Design Capacity
Actual Output= 300 hamburgers a day
Design Capacity = 400 Hamburgers a day
Therefore Capacity Utilization = 300 hamburgers/400 hamburgers x 100
= 75%
2. The Efficiency of the production = The Actual Output / The Effective Capacity
Actual Output = 300 Hamburgers a day
Effective Capacity = 250 hamburgers
= 300 Hamburgers/ 250 Hamburgers x 100
= 120%
Conclusion
First we see that the actual utilization of capacity is more better than the effective capacity and this is good. Also, the Design Capacity is higher than the actual capacity utilization which should also be expected as design capacity is a calculation based on ideal conditions that may be not realistic in real life conditions.
Answer:
Both unethical collaboration and plagiarism
Explanation:
Unethical collaboration -
It refers to the practice of sharing common answers or words , is referred to as unethical collaboration .
For example , students copying the same answer is an example of unethical collaboration .
Plagiarism -
It refers to the method of copying some other person's work completely , without the legal consult of the person , is referred to as the practice of plagiarism .
Hence , from the given scenario of the question ,
The correct answer is - Both unethical collaboration and plagiarism .
