When a departmental approach is used, one will find that the selling price will always be <u>different</u>.
<h3>Why would the price be different?</h3>
- Each department incurs its own unique costs.
- These costs will be different across departments.
When these costs are therefore applied to the products made by these departments, the selling price will be different because the costs were different.
Find out more on the departments in a company at brainly.com/question/14278039.
E) All of the answers are correct
Legal VALUE in an agreement is Consideration..
It can be goods, service money or a promise of any of these
Both parties must give some form of consideration for a contract to be legal...
Answer: Trade Expansion Act, 1962
Explanation: The Trade Expansion Act, 1962 gave president Kennedy the authority to negotiate reciprocal trade agreements that could reduce u.s. tariffs by as much as 50 percent. The act also paved the way for the next round of GATT negotiations. This was also known as the Kennedy Round.
Thus, the correct option is Trade Expansion Act, 1962.
Answer:
b. greater; normal
Explanation:
Income elasticity describes the response of the demand of a certain good to the change of the income of the consumers. If the elasticity of income is greater than zero (or is positive) , then we can categorize that particular good as a "normal good". This means that as the income of the consumers increases, the demand of that particular good increases as well.
The counter part of a normal good is called inferior good. They have a negative elasticity of income, which means as the income of consumers increases, the demand of that particular good decreases.