Answer:
conspicuous consumption
Explanation:
The term conspicuous consumption was first introduced by a Norwegian-American economist and sociologist known as Thorstein Veblen in 1899. Conspicuous consumption refers to the practice whereby expensive goods or services are purchased by certain people at an outrageous cost just for the sake of display of flamboyant lifestyle or wealth for recognition purpose rather than for the very basic need the goods or services meet. It is simply an act of wasteful spending on goods or services that other people of that social class on a normal day cannot afford to pay such expensive price for.
The case of Hope is simply a kind of conspicuous consumption as she doesn’t mind emptying her credit card to afford the luxury of the new designer purse just for the purpose of public display among her social class.
The primary difference between a change in supply and a change in the quantity supplied is that: A. a change in quantity supplied is a movement along the supply curve, while a change in supply is a shift in the supply curve.
<h3>What is supply?</h3>
Supply can be defined as the amount of goods produced that are made available for sales at particular period of time.
The major difference between a change in supply and a change in the quantity supplied is that a change in quantity supplied occur when ever their is a movement in the the supply curve, while on the other hand change in supply occur when their is shift in the supply curve.
Therefore the correct option is A.
Learn more about supply here:brainly.com/question/1222851
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The complete question is:
The primary difference between a change in supply and a change in the quantity supplied is?
A) a change in quantity supplied is a movement along the supply curve, while a change in supply is a shift in the supply curve.
B) both a change in quantity supplied and a change in supply are movements along the supply curve, only in different directions.
C) a change in supply is related to the supply curve, while a change in quantity supplied is related to shifts in the demand curve that elicit a change in supply.
D) a change in supply is a movement along the supply curve, while a change in quantity supplied is a shift in the supply curve.
Answer: Sorry bruh, cant help u with them all.
Explanation:
I dont got the time. But i will answer one. 27. the answer is A I think.
Answer:
Distribution.
Explanation:
Distribution is the process by which the goods and services that are supplied by the seller is delivered to the consumer.
George's is involved in the following processes thus performs a distribution function: transportation of metal components, preformed plastic, etc. used to manufacture the systems as well as the efficient movement of the finished systems from the manufacturing facility to the warehouse to distribution trucks.
Distribution channels are constantly made more efficient to speed up productivity and improve customer satisfaction.
Answer:
Letter C is correct. <u>Strategic intent.</u>
Explanation:
The organizational strategy corresponds to a set of rules, values, procedures and action plans that a company develops and implements to achieve its objectives and goals for success in the market.
The strategy is responsible for directing the decision-making process that will assist in achieving the objectives, so it is important that it is well planned, that reflects the organizational values and the posture that the company wants to have towards stakeholders.
It is also necessary that the implementation of the strategic plan is accomplished in line with the objectives established in the planning stage, the conformity of practices will be relevant for the objectives to be achieved.
Continuous improvement should also be an essential issue in the strategy assessment stage, so that errors and gaps that may hinder the progress and effectiveness of organizational processes are identified and corrected.