I’m pretty sure Nike will set it at a high price at first but once the demand gets lower they would set it at a lower price.
Answer:
They relied too much on the soviet union, so they had a difficult time standing on their own. Also economic practices during the soviet era have created additional problems.
Explanation:
Tax reductions mean that more disposable income is available to people. But the increase in consumption depends on the marginal propensity to consume (MPC). If the MPC is too low, consumers will not consume the additional income made available to them through tax cuts.
Answer:
option E.
Explanation:
The correct answer is option E.
Consumer confidence is lowest when the consumer is depressed. The cause of consumer depression can slow down of the market, loss of money, etc.
When the consumer gets depressed this is the lowest point because the faith of consumers on the market gets depleted which leads to a decrease in further investment.
Prosperity and recovery can never be the lowest point of consumer confidence.
Slowdown and Recession can affect consumer confidence but Consumer confidence is lowest when the consumer is in depression.
