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viva [34]
3 years ago
15

Will there always be a demand for inferior goods? how could demand for an inferior good decrease? explain.

Business
1 answer:
storchak [24]3 years ago
8 0
Mainly income is a huge factor here, if income somehow manages to decrease then there will be a demand on inferior goods because people cannot afford superior goods anymore
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3 years ago
Arjun, a U.S. citizen, is a product manager who moved to Argentina to work at the South American office of Senlot Corporation, a
docker41 [41]

Answer:

The correct answer will be "Expatriate manger".

Explanation:

  • Expatriate managers may be described among those who don't seem country's citizens whereby they operate and were appointed due to various their advanced organizational skills but rather because of certain employment organization expertise.
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6 0
4 years ago
A large hospital has an annual demand for 70.000 booklets on healthy eating. It cost ​$.75 to store one booklet for a​ year, and
Goryan [66]

Answer:

It will order 3,865 booklets

Explanation:

We need to use the formula for Economic Optimal Quantity

Q_{opt} = \sqrt{\frac{2DS}{H}}

Where:

D = annual demand

S= supply cost = ordering cost

H= Holding Cost

Q_{opt} = \sqrt{\frac{2*70,000*80}{.75}}

Q_{opt} =3,864.37

It will order 3,865 booklets

<u>How to Remember:</u>

Demand per year and order cost goes in the dividend.

Holding cost goes in the divisor.

6 0
3 years ago
policy economics is the application of the principles of economics to decision making (choices) by the various arms of the
saveliy_v [14]

Policy economics is the application of the principles of economics to decision making (choices) by the various arms of the government sector.

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Learn more about Economic Policy here:

brainly.com/question/13652467

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3 0
2 years ago
On January 1, 2021, the Allegheny Corporation purchased equipment for $295,000. The estimated service life of the equipment is 1
svetlana [45]

Answer:

a.

2021  =  $50,000

2022 = $45,000

b.

2021  = $275,000

2022 = $0

Explanation:

a. Sum-of-the-years'-digits.

Sum of digits for the 10 years will be :

Year 1      =      10

Year 2     =       9

Year 3     =       8

Year 4     =       7

Year 5     =       6

Year 6     =       5

Year 7     =       4

Year 8     =       3

Year 9     =       2

Year 10   =         1

Sum of Digits = 55

therefore,

2021 depreciation = 10/55 x ($295,000 - $20,000)

                               = $50,000

2022 depreciation = 9/55 x ($295,000 - $20,000)

                               = $45,000

b. One hundred fifty percent declining balance.

2021 depreciation = 150% x ($295,000 - $20,000)

                               = $412,500

<em>Can not be charged above book value of $275,000</em>

2022 depreciation = 150% x ($295,000 - $20,000- $412,500)

                               = $0

6 0
3 years ago
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