When she altered her shopping patterns and buying behavior because of substantial pay raise, it is an example of income effect.
In economics, Income effect explains how their is a <u>change in demand</u> in market caused by of a change in <u>consumer's purchasing power</u> as a result of a <u>change in their real income</u>.
Here, the theory of <u>income effect</u> explains Gall's situation because her increase in pay cut changes her purchasing power, thus, increases her demand for expensive goods.
In conclusion, when she altered her shopping patterns and buying behavior because of substantial pay raise, it is an example of income effect.
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<em>brainly.com/question/22093268</em>
Answer:
c) 5 days, 7 workers
Explanation:
The longest task is Task-1 which takes 5 days.
All the tasks are parallel. So, the length of the project should be 5 days. The resources employed are just the total of all the tasks i.e. 2+2+1+1+1 = 7.
5 days, 7 workers
Answer: True
Explanation: Market segment can be defined as the grouping of a population on the basis of geography, gender or age etc. for the purpose of marketing. The population in every single group has two or more similar characteristics on the basis of which marketing strategy is made.
In the given case, there are two similarities in the group,first the age, and ,second is the hobby of internet.
Hence, it is an example of market segment.
<span>A good reason for cutting meats and poultry
into thin slices for sandwiches is that thin cuts are more delicate, a sandwich
produced using dainty cuts is less demanding to eat and many thin cuts make a
thicker sandwich than maybe a couple thick cuts of a similar aggregate weight.</span>