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alexandr402 [8]
3 years ago
8

in the two-period model, if consumption in both periods is a normal good, then an increase in income in period two: does not inc

rease consumption in either period. increases consumption in period one only. increases consumption in period two only. increases consumption in both periods.
Business
1 answer:
Readme [11.4K]3 years ago
5 0

Answer:

increases consumption in both periods.

Explanation:

A normal good is any product or service whose demand increases as consumers' income increases. The demand for a normal good will also increase due to the improvement in economic conditions in an economy.

A normal good is regarded to be of high utility value. Its consumption provides consumers with greater satisfaction. As a result, if consumer's income increase, demand for normal goods increases. Should consumption increase in a period, the demand will increase. The demand will continue to rise if incomes increase.

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Svet_ta [14]

Answer: A checklist on how to determine if it's time to get a new pair of eyeglasses

A set of predefined checks can let the customer know if there could be changes in his lens and if its time for another visit to the eye specialist. This would make the customer more happy and lean towards towards your businesses for future needs and make him a loyal customer

6 0
3 years ago
ECON Good morning can someone answer this please asap
dusya [7]
The answer is B because both have access to capital that competitive markets wouldn’t give them because they dominate the market place and drive out competitors
5 0
3 years ago
The Walt Disney Company dress code requires male cast members with mustaches or beards to trim their facial hair to no longer th
Charra [1.4K]

Answer:

tangibles

Explanation:

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I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

5 0
3 years ago
Read 2 more answers
A competitive firm produces output using three fixed factors and one variable factor. The firm's short run production function i
Nesterboy [21]

Answer:

D) 75

Explanation:

Our initial production function is:

q = 305X - 2X²        

we calculate the derivative of q:

(q') = 305 - 4X

MP = 305 - 4X

$10 / $2 = 305 - 4X

5 = 305 - 4X

4X = 305 - 5 = 300

x = 300 / 4

x = 75

6 0
3 years ago
A rich singer has donated $450,846 to endow a university professorial chair in Bohemian Studies. If the money is invested at 12.
Sedaia [141]

Answer:

Annual withdrawal=  $57,032.02

Explanation:

Giving the following information:

Initial investment (PV)= $450,846

Interest rate (i)= 12.65%

<u>To calculate the annual withdrawal, we need to use the following formula:</u>

PV= Cf / i

Cf= annual cash flow

450,846= Cf / 0.1265

450,846*0.1265 = Cf

Cf= $57,032.02

7 0
3 years ago
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