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Elanso [62]
3 years ago
14

Stephen graduates from college and his income increases by $30,000. Nothing else changes. Stephen decreases the quantity oframen

noodles and chocolate chip cookies that he buys and increases the quantity of cla For Stephen,
A. ramen noodles and chocolate chip cookies are inferior goods
B. ramen noodles and classical music CDs have become substitutes
c. ramen noodles and chocolate chip cookies have become complements
D. classical music CDs and chocolate chip cookies are normal goods
Business
1 answer:
KIM [24]3 years ago
6 0

Answer: A. ramen noodles and chocolate chip cookies are inferior goods

Explanation:

Inferior goods are goods that experience decrease in demand when consumers experience increase in income.

Inferior goods has to do with social economic class, certain people at lower socio economic class go for certain goods because of its affordability not minding quality, same people might stop demanding for such good at a higher socio economic class.

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The day I was in the shower and I will be there at remove the

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Which trade bloc was created to encourage free trade and economiccooperation between Canada, Mexico, and the United States?
Vsevolod [243]

Answer:

B. NAFTA

Explanation:

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Which of the following is most necessary for specialization among producers to take place? A. Free trade B. Competition C. Scarc
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But I hope this helps!
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4 years ago
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Describe the elements that must be present for the courts to rule that a contract is unconscionable?
Evgesh-ka [11]

The elements that would have to be in place for a contract to be unconscionable would be that

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  • They were misled
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<h3>What is meant by a contract?</h3>

This is the term that is used to refer to the fact that two people or more have agreed to do business with themselves.

In order to be a contract, one person would have to create a bargain and the other would be the one that would agree to the terms.

It is unconscionable at the time when the contract is done and the person or one of the parties is found not to have been able to make the contract agreement at their right frame of mind. In this case, the law has the power to protect this party.

Hence they would have to rule in his favor. Therefore to be unconscionable, a contract would have to have been misled, have been made under duress and without the adequate information.

Read more on contracts here:

brainly.com/question/5746834

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7 0
1 year ago
Not heading back to school due to high
WITCHER [35]

Answer:

The answer is D, hope this helped!

Explanation:

The answer is D because its a realistic thing to have bills and sometimes you have to take risks or youll have nothing. <3

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