Answer: Lorenz curve
Explanation:
One of the main tools used by economists to measure the actual distribution of income in an economy is known as the Lorenz curve.
The Lorenz curve Lorenz curve is a graph that shows the inequality witybrwgrds to the income and wealth distribution for a particular economy. The x-axis on the graph shows the population, while the y-axis shows the wealth.
The primary difference between a good and a service, both of which are products to the marketer, is that a good is __________ and a service is __________.<span>a physical object; intangible.</span>
Answer:
$214
Explanation:
If we can assume that Jorge's monthly expenses once he buys the car will only increase by = gas ($42) + insurance ($100) + (maintenance and repairs ($24) = $166 in total,
Then he will have $214 to cover his monthly car payment: excess monthly cash flow - total additional expenses = 380 - $166 = $214
Answer:
B. each seeks to define the best leadership style for different kinds of situations
Explanation:
Contingency theories emphasizes on the idea that there's no one best way of leading, managing and/or organizing a business or firm. Pointing out that, a style of leadership or technique that may be successful for a person or a situation may not necessarily be successful for another person or situation. Thus, the contingency theories defines the best leadership style is determined by the kind of situation presented. Contingency theories tries to combine the specific situation faced by a leader and the leader personal characteristics.