1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Ierofanga [76]
4 years ago
9

when the price of a good rises, consumers will stop buying the more expensive goods and switch to substitutes. this behavior is

explained by a. income effect. b. substitution effect. c. purchasing power effect. d. the demand effect.
Business
1 answer:
ad-work [718]4 years ago
3 0
Purchasing power effect

NOTE THIS!!
ANY EFFECT OTHER THAN PURCHASING EFFECT ARE AFFECTED BY NON PRICE FACTORS.
You might be interested in
Ls help!!! will give branly!!!
Oksanka [162]
Because they need to do you have any knowledge of some sort
8 0
3 years ago
Read 2 more answers
Sanjay's company was the first to introduce fresh-food meal kits in a box that are delivered directly to consumers who put the m
NemiM [27]

As Sanjay's company was the first to introduce fresh food meal kits in a box that are delivered to consumers' homes, the idea is an example of innovation.

<h3 /><h3>Business innovation</h3>

Innovation is vital to the long-term success of the business in the marketplace. It can be defined as the process of creating a new idea, method or object to fulfill some need. In the business environment, innovation will be a competitive differentiator for a company.

Therefore, disruptive and incremental innovation are essential concepts to generate value, efficiency and positioning for an organization in the market.

The correct answer is:

  • Innovation

Find out more information about business innovation here:

brainly.com/question/13628349

4 0
2 years ago
Which of the following are the fixed costs relative to the number of the units produced and sold? a. straight-line depreciation,
ollegr [7]

Answer:

The correct answers are letters "A", "B", and "C": straight-line depreciation, manager's salary, store rent.

Explanation:

Fixed Costs are business expenses that do not change as the level of production goes up or down. They are one of two types of business expenses the other being variable cost. Variable costs do change as the volume of production changes. Examples of fixed costs are high-executive salaries, rent, depreciation, and insurance. Examples of variables costs are commissions, raw materials, and transportation fees.

7 0
3 years ago
Expanding operations in countries where verbal expressions and gestures do not have the same meaning illustrate one of the main
motikmotik

Answer: globalization

Explanation:

Globalization is simply the process by which organizations or businesses start

their operations on international scale or start having international influence.

Despite the advantages of globalization such as allowing several goods and services to be affordable in different countries, improvement in productivity, employment opportunities etc, one challenge is that expanding operations in countries where verbal expressions and gestures do not have the same meaning could pose a difficulty.

7 0
3 years ago
An upscale organic foods grocery chain is implementing an information system that will enable it to add same-day home delivery o
Bond [772]

Answer: Paradigm shift

Explanation:

 The paradigm shift is one of the type of business management process that refers to the fundamental change in the current process and in the model.

The paradigm shifts is one of the concept in which that happened in terms of various types of context such as when the new technology are get introduced then it alter the new production process of the products and the services.

According to the given scenario, the process of delivering the groceries to the consumers. Therefore, Paradigm is the correct answer.

5 0
3 years ago
Other questions:
  • A private, not-for-profit hospital received a donation of medicine from the Xengen Pharmaceutical Company on February 13, 20X2.
    10·1 answer
  • It has been predicted that a sustainable decoupling process would lead to a world economy in which engines of growth could compr
    7·1 answer
  • A financial fee that investors and other financial institutions charge for the use of their money is called
    11·2 answers
  • Which of the following products is most likely to be produced in a process operations system?
    15·1 answer
  • Katie works in the human resource department at Zeus Corp. Her chief responsibilities include administering salaries, determinin
    5·1 answer
  • An asset has an average return of 10.19 percent and a standard deviation of 22.41 percent. What is the most you should expect to
    9·1 answer
  • Stocks and bonds a. and checking accounts all commonly function as mediums of exchange, but only stocks and bonds are a store of
    7·1 answer
  • Goods and services are purchased by businesses as well as by individuals. a. True o O b. False​
    6·1 answer
  • If a department that applies FIFO process costing starts the reporting period with 50,000 physical units that were 25% complete
    7·1 answer
  • Self-management is about (1) knowing who you are and what you want to accomplish in your life, and (2) making these things happe
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!