Answer:
A. increase in the price of the product
Explanation:
An increase in price of the product leads to a movement along the demand curve and not a shift of the demand curve.
A decrease in consumer income shifts the demand curve to the left
An increase in the price of a substitute leads to an increase in demand when a shift of the demand curve to the right.
I hope my answer helps you
Answer:
The loss of enjoyment people incur when scenic land is converted to commercial use
The variety of goods available to consumers Funds spent by city governments to renovate their buildings
The value of babysitting services, when the babysitter is paid in cash and the transaction isn't reported to the government
Explanation:
GDP does not account for off-the-books activities, such as babysitting, which add value to the economy but are not reported to the government. It also doesn't consider the enjoyment households experience as a result of the variety of goods available to consumers. Finally, GDP doesn't take into account the loss of enjoyment people incur when scenic land is converted to commercial use. All of these, though important in measuring the true quality of life within a country, would be far too difficult to measure accurately.
Answer:
Positive statement:
It is basically based on target and truth. Moreover, optimistic deliveries are have to be compelled to validate or nullified yet can't correct than
Normative Statement:
Adaptable announcements are particular and also the materials are value primarily based. The statements are basically valuation primarily based so that they can't be tried.
- <u>Since the statement 1</u><u> </u>are often proved or contradicted by grouping and evaluating the information, thus this can be a positive statement.
- <u>Since the statement 2</u> is opinion primarily based, we tend to can't take a look at it, and thus this can be a normative statement.
- <u>Since the statement 3</u> are often tested by seeing those conditions. Hence, this can be a positive statement.
- <u>Since the statement 4</u> is opinion primarily based, thus we tend to can't take a look at it. Therefore, this can be a normative statement.
The answer to this question will be C
Answer:
In a perpetual inventory system, the cost of goods is recorded at the time of sale. With a periodic inventory system, it's updated periodically.
