Answer:
The concept of utility
Explanation:
According to the concept of diminishing marginal utility, consumers will purchase more of a good when the price falls only in the situation when perceived benefits from the consumption of the good exceed the price. When consumers realize that the perceived benefits are no more worth spending, the quantity demanded of the particular good will decrease.
Well, obviously Sara is the better employee because she's being honest and tells the boss about her mistake. Joe is not a good employee, becuse he is stealing and doesn't tell anyone about it so, your answer is Sara is the better employee. Hope it helps!
The term value chain means we include the supply chain in our analysis and management with B) the downstream portion of the chain and distribution, such as marketing.
Answer:
Normal goods
Explanation:
The computation of the income elasticity of demand is shown below:
Income elasticity is
= (change in quantity ÷ average quantity) ÷ (change in income ÷ average income)
= {(33,000 - 28000) ÷ ((33,000 + 28,000) ÷ 2)} ÷ {($60,000 - $55000) ÷ (($60,000 + $55,000) ÷ 2)}
= (5,000 ÷ 30,500) ÷ ($5,000 ÷ $57,500)
= 0.1639 ÷ 0.0869
= 1.88
As we can see that the income elasticity of demand comes in a positive so it indicates normal goods
The answer is Federal trade Commission.
The Federal Trade Commission (FTC) is established in 1914 by using the federal trade commission act, and this is an independent agency of the United States government whose primary venture is the advertising of consumer safety and the removal and prevention of anti competitive business practices which also includes coercive monopoly.
