Dyson employs outsourcing as a manufacturing strategy by having the vacuums manufactured in malaysia. this shows he understands the importance of managing for _[ globalization]_ .
Answer:
d. both the income and substitution effects encourage the consumer to purchase less of the good.
Explanation:
The income effect is the effect on the income when there are price changes. When the price increases, people can buy less products with the same income which means that the consumer will be encouraged to purchase less goods.
The substitution effect says that an increase in the price of a product will make customers to buy other similar products which will make them to purchase less of the good with the higher price.
That statement is true
<span>presentment warranty represent the implied promise that by a payer to</span>upon the presentment<span> of the instrument for payment.
</span>If the drawee later accepted the draft that being made, The accepted will makes payment according to what presented in the draft.
I don’t understand this question
Answer:
$2.50
Explanation:
The most you would be willing to pay to have a freshly washed car before going out on a date is $6
The smallest amount you would be willing to wash another person's car is $3.50
Therefore if you are going out and need to wash the car, the economic surplus that would be received from washing it can be calculated as follows
= $6 - $3.50
= $2.50
Hence the economic surplus that would be received from washing the car is $2.50
