Answer:
Credence Attributes
Explanation:
A credence good or service is a type of good/service with qualities that cannot be observed by the consumer after purchase, making it difficult to assess its level of satisfaction. Examples include expert services such as Tax advisory services, medical procedures, automobile repairs, and dietary supplements.
Because the quality of these products or service are unobservant through search or experience some providers tend to charge consumers at a premium for their provision.
That would be an example of traditional economy.
Answer:
50%
Explanation:
Contribution margin is used to determine the profitability of a product. it is price less variable cost
Contribution margin ratio = (price - variable costs) / price
variable cost = 80 - 20 = 60
price = 120
(120 - 60) / 120 = 50%
Answer:
d) Contractual non-compliance provisions are broader in scope.
Explanation:
Both common law and civil law were originated in western Europe. Common law comes from medieval England while civil law comes from ancient Roman Empire. Common law is more flexible than civil law, so that allows different interpretations of the law. Since civil law is more rigid, contractual non-compliance provisions must include all possible contingencies and their outcomes.
The economy would be in equilibrium as AE = 1000 + 0.9Y
Y = 1000 + 0.9Y
Y - 0.9Y = 1000
(1-0.9) Y = 1000
Y = 1000/0.1
Y = $10000
AE = 10,000
<h3>What does total spending actually mean?</h3>
Aggregate expenditure, a macroeconomic statistic, is used to measure and evaluate the total amount of economic activity or output within a country. A nation's total outlays over a given time period are measured by aggregate expenditure, just as the gross domestic product (GDP) and national income.
Expenditures that alter in reaction to real GDP are referred to as induced aggregate expenditures. Take consumption spending as an example of an induced aggregate expenditure, which rises with real GDP.
For more information about aggregate expenditure refer to the link:
brainly.com/question/13525490
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