Proportional tax is what we call the tax that is set
to be fixed, regardless of what an individual’s taxable base amount is. An example
of such a tax is sales tax, which remains the same for all income levels.
The question wants us to group the types of shopping in to different categories
- Appliances are: shopping goods
- Automobile battery jumpstart services are specialty
- Cemetery plot are unsought goods
What are shopping goods?
They are goods that are more expensive than the convenience goods. They need one to shop for them. Examples are appliances.
<h3>What are specialty goods?</h3>
They are the types of goods that people would refuse to take substitutes for. They search extensively for them.
<h3>What are unsought goods?</h3>
This refers to goods to there are rarely need for people to request for them An example would be funeral services.
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If increasing numbers of consumers decide to purchase organically farmed fruit rather than conventionally farmed fruit, how the market is likely to respond is: Conventional fruit profits will fall.
<h3>What is Conventionally farming?</h3>
Conventional farming can be defined as the process of farming fruits and vegetables.
Based on the given scenario in a situation were high number of consumer bought organic farmed fruit instead of conventional farmed fruit, this means that profit for conventional fruit will declined.
Therefore how the market is likely to respond is: Conventional fruit profits will fall.
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Answer:
Social profile
Explanation:
The completes sentence is
'The target audience’s Social profile
will include the market’s social activities and styles, such as their level of social media participation, the channels they utilize and the communities in which they are active, and their behavior in social communities''
Social profile gives the description of social characteristics of different individuals which defined them on social media and in communities
Answer:
The correct answer is the option C: the constraints of finite resources and the current state of technology.
Explanation:
To begin with, the <em>production-possibility frontier</em> is a concept known in the area of economy that refers to a curve whose main purpose is to show various combinations of output betweem two goods that the society can produce given finite resources and the current state of technology. Therefore that it comprehends the graphical representation of all that possible combinations between those two goods where the finite resources and the current state of technology are the two most important factors to take in mind.
