<span>This behavior trend where a consumer spends money on homes to make it pleasurable environment is called as cocooning. Cocooning means staying in a protective and comfortable way or place. It even means hiding yourself from real world which may not always be a ideal place.</span>
Answer:
substitution effect The supply curve slopes upward because at a higher price, producers have an incentive to produce more.
Explanation: Google
The organizational structure that would allow for deep, specialized knowledge to be fostered is a<u> functional structure. </u>
<h3>What is a functional organization structure?</h3>
This refers to a practice of many companies where people who have different expertise are put into different departments that complement their skills.
This ensures that the employees will develop deep expertise in their field because they will focus on it by being in a department that is based on their expertise.
Find out more on functional organizational structures at brainly.com/question/14700402.
Answer:
Ethnocentric
Explanation:
Ethnocentric pricing strategy requires for the price of a specific merchandise to be similar all over the world. When this method is practised by an organization, it renounces some prospects to set higher prices in nations where an inferior pricing is required.
Answer:
Approximately $37000
Explanation:
A standard normal curve will be used to solve this question since the histogram of the data takes on a mound shape.
The mean salary is $33000 with one standard deviation equalling $2000.
Using the normal curve, 95% of the salary will lie between 2 standard deviation. i.e. $33000+$2000+$2000=$37000
