Answer:
c. Inferior
Explanation:
Based on the information provided it can be said that this behavior would indicate that to John, a bus ride is an inferior good. This term by definition is a good whose demand decreases when consumer's income rises. Since John received an increased salary with his promotion, he is now able to afford to be able to drive instead of taking the bus. Therefore his demand for taking the bus has drastically decreased.
<span>The phase of accounting that is concerned with providing information to managers for use within the organization.
</span><span>Production manager, VP of Business Planning, Controller</span>
One that could increase your credit cards APR is : C. Paying off the full balance
On average this item will be ordered "once a <span>month".
We can find the order interval by dividing the EOQ (economic order quantity), in above situation that is equal to 100 and annual demand is equal to 1200.
So, the time interval in which this item will be ordered;
100/1200 = 1/12
it means 1/12th of a year that is equal to once a month.
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A market that consists of all possible consumers regardless of their specific needs or wants is a <u>"mass market".</u>
The term mass market refers to an overall public market which is comprising of purchasers having a place with different age groups, ways of life and preferences. On the off chance that an organization makes any product or item which is valuable to different purchasers across different areas then it is said to have a mass market request. Items or Products concentrating on a specific statistic frequently have an excessive number of limitations and are restricted by specific limits; such items makes ‘segment market.’
