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aleksandrvk [35]
3 years ago
15

When the price of a normal good increases,

Business
1 answer:
Lostsunrise [7]3 years ago
4 0

Answer:

d. both the income and substitution effects encourage the consumer to purchase less of the good.

Explanation:

The income effect is the effect on the income when there are price changes. When the price increases, people can buy less products with the same income which means that the consumer will be encouraged to purchase less goods.

The substitution effect says that an increase in the price of a product will make customers to buy other similar products which will make them to purchase less of the good with the higher price.

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Explanation:

Integrated talent management is basically a process of continuous improvement, in this case of the marketing team. Employees enter a career plan where the company offers all the guarantees so that their performance in their functions is better and better, for this it is necessary to implement a policy that defines the way in which the strategy will be addressed, communicating it to all old and new employees so that they are aware of the growth processes and the different possibilities offered.

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3 years ago
Brian makes ​$27,000 per year. how much can brian expect to contribute to fica taxes? question 7 options: $2,065 $1,674 $391 $2,
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3 years ago
Which group of americans saw job opportunities expanded during wwii?
Afina-wow [57]
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7 0
3 years ago
Suppose that web slinger provides internet service for all 40,000 homes that purchase internet service in the metropolitan area.
Nana76 [90]
This situation is a monopoly
8 0
3 years ago
"A floor broker enters the crowd around the Specialist's (DMM's) post to buy 20,000 shares of ABC at the market for a public cus
erica [24]

Answer: the Specialist/DMM has therefore guaranteed $25 to the trader.

Explanation:

A floor broker is simply referred to as an exchange independent member who acts as a broker for members who are being overloaded with orders

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