The CBA (sometimes called BCA) is when a company SUMS up the benefits of a business related action and then the costs associated with that action are subtracted.
Unit pricing can be used in various types of contracts to require the buyer to pay the supplier a predetermined amount per unit of service.
The answer is: Level 1 – Full Activation
In this level, the state would give a notification to all states' supporting agencies that a start plan is about to be implemented. The Division of Emergency Management personnel would soon take control to organize these agencies and assign them with each of their own roles.
Answer:
This implies that bus is an inferior good and car is a normal good.
Explanation:
Initially, Jim's income was $5000 a year.
As his income increases to $60,000 a year, he decides to buy a car instead of using the bus.
In other words, with the increase in income, the demand for traveling by bus is declining.
This implies that it is an inferior good.
The demand for the car is increasing with an increase in income.
So, the car is a normal good.
An inferior good can be defined as a product that shows negative elasticity. This means with an increase in income its demand declines an vice versa.
A normal good can be defined as a product that shows positive income elasticity. That is, its demand increases with rise in income and vice versa.
