Answer:
B
Explanation:
Inferior good is a good whose demand decreases when income increases
The substitution effect looks at the change in price of a good relative to other goods. When the price of good x increases, rob should increase consumption of good y and reduce that of good x if it were a normal good
The income effect looks at how a change in price affects real disposable income
The correct answer is C. Codes
such laws are called codified laws. Statues are similar but on a smaller scale and apply only to those who participate, while executive orders are created by the president in times of trouble.
When you are valuing a stock, proper research must be done on the company's anticipated future growth rate which must be most careful about when performing your calculations.
When the case of deciding on which valuation method is to be used for the first time to value stock as it is actually easy to get overwhelmed by various valuation techniques available for the investors. Fairly straightforward valuation techniques are also present, however, other techniques are more involved and complicated.
In general, there is actually no particular method that is best suited for every situation to make performed. Since each stock is different and each industrial sector or firm exhibits unique characteristics it may be required to process valuation methods which are in multiple cases.
Due to many factors to be considered while stock valuation, it must be done on basis of the complete anticipated future growth rate of the company. This should be done carefully based on proper research on the future growth of the particular company to perform calculations of stock valuation.
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Answer: Demand curve and demand schedule
Explanation:
The demand curve is a representation in graph that depicts the relationship that exist between the price of a commodity and its quantity demanded over period of time. Price is on the left vertical axis and the quantity demanded for the good is on the horizontal axis.
The demand curve is downward sloping from left to the right thereby explaining the law of demand that states that price and quantity demanded are inversely related i.e when the price of a good increases, the quantity demanded decreases and vice versa.
A demand schedule is a table that depicts the quantity demanded of commodities or service at different prices over a time period. The demand schedule is usually made up of two columns with the first column listing the price of a commodity and the second column listing the quantity demanded of the product.
