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Viktor [21]
3 years ago
6

You purchase both potatoes and gasoline regularly. Your income decreases, and you purchase less gasoline. This means that: Gasol

ine is a normal good. Potatoes are inferior goods. Gasoline has a negative substitution effect. Gasoline is an inferior good.
Business
1 answer:
KIM [24]3 years ago
7 0

Answer:

Gasoline is a normal good

Explanation:

Normal goods are goods that are goods whose demand increases when income increases and falls when income falls

Inferior goods are goods whose demand falls when income rises and increases when income falls.

Because the demand for gasoline falls when income falls, gasoline is a normal good.

I hope my answer helps you

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When you want to save time recording progress and don't mind slightly less accuracy, which progress reporting approach would you
Nesterboy [21]

<em>The complete question reads;</em>

When you want to save time recording progress and don't mind slightly less accuracy, which progress reporting approach would you choose?

a. tracking work and remaining work at the task level

b. tracking % complete at the task level

c. tracking work at the assignment level

d. tracking % complete at the assignment level

Answer:

<u>d. tracking % complete at the assignment level</u>

Explanation:

Remember, tracking the percent of completion of the assignment level would be indicating an overview of the entire assignment which may be slightly less accurate compared to the other listed options.

Thus, to save time recording progress this is the best viable option.

5 0
4 years ago
. What dangers do entrepreneurs face when they court equity investors to provide capital to finance their companies’
Elanso [62]

Answer:

Most entrepreneurs are risk-takers by nature, or at minimum calculated visionaries with a clear plan of action to launch a new product or service to fill a gap in the industry. On a personal level, many entrepreneurs take big risks to leave stable jobs to throw their efforts (and sometimes their own money) into launching a business.

Explanation:

For entrepreneurs, there is no guaranteed monthly income, no guarantee of success, and spending time with family and friends can be a challenge in the early days of launching a company. Here are some of the most common risks that every entrepreneur and investor should evaluate and minimize before starting a business.

10 problems Faced by Entrepreneurs in India While starting their business

Financing.

Lack of Planning.

Hiring the right talent.

Effective marketing within a limited budget.

Self-doubt and uncertainty.

Dealing with criticism.

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7 0
3 years ago
What is the technology skills of education and training
jekas [21]

Answer:

the study facilitating learning and improving performance by creating using and managing appropriate technologies

3 0
3 years ago
Leon Georges works in the warehouse for a manufacturer of air-purification systems. He is responsible for the transportation of
Marrrta [24]

Answer:

3. Distribution

Explanation:

Distribution refers to making a product available to customers for purchase by transferring it from the source of manufacture to the retailers.  Distribution is one of the essential components of marketing mix.

Channels to distribution are whole sellers, retailers, brokers and middlemen, and direct sales. Distribution entails all activities relating to supply of finished products to customers.

In the given case, Leon's work involves transportation of metal components as well as efficient movement of the finished systems from manufacturing unit to the warehouses and subsequently to distribution trucks. These represent activities of distribution.

7 0
4 years ago
Assume initial full employment at W1 and N1. How might a technological change that increased productivity influence the labor ma
qwelly [4]

Technology will replace the workers and the new equilibrium will be at N2'.

Answer: Option 3.

<u>Explanation:</u>

Equilibrium in a perfectly competitive labor market happens when the supply of labor is equal to the demand of labor. As market compensation decline beneath the harmony rate, the interest for work is more noteworthy than the stock, making a deficiency of laborers.

The labor market is in balance when supply approaches request; E* laborers are utilized at a compensation of w*. In harmony, all people who are searching for work at the going compensation can get a new line of work. The triangle P gives the maker excess; the triangle Q gives the specialist overflow.

3 0
3 years ago
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