C) I think that’s the one that sounds the most correct.
The actions of the consumers in buying more gasoline when prices drop is the<u> income effect. </u>
<h3>What is the income effect?</h3>
- It is one of the determinants of demand.
- When market prices drop or income rises, consumers have more money to buy more goods.
The price of gasoline dropped and this increased the relative income of consumers because they were able to buy more gasoline.
This is therefore the income effect.
Find out more on the income effect at brainly.com/question/1416285.
Which combination of factors would result in the lowest monthly mortgage payment? Having a larger downpayment, a lower interest rate and longer loan term agreements are all ways to have a lower monthly mortgage. When you put a larger down payment on your home, the amount you are borrowing is less which helps bring the payment down. If the interest rate is lower, your payment will also be less because you do not have a significant amount being added to the principal.
The steps that should be followed to safely exit an expressway are:
1. Half a mile before the exit, you should check your front and rear zones for traffic.
2. Signal and move into the 3rd lane position that leads into the deceleration lane.
3. Move into the deceleration lane.
4. Flash your brake lights or push your brakes to turn on the brake lights to let other drivers know that you are slowing down.
5. Identify the ramp speed sign and use that speed to exit.
Answer:
Production manager
Explanation:
In the firm or company, the duty of the production manager is to ensure that the manufacturing processes should run efficiently as well as reliably. In short, it means to ensure that the operations are being done through the employees, follow the limitation, which is created in the budget. The production manager will ensure that the firm will accomplish all the objectives by maintaining the profitability at the same time.
The responsibilities of the job involve, organising as well as planning the production, negotiates and create budgets and the timescales with managers and clients.
