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PtichkaEL [24]
3 years ago
10

With an aim of a diagram, distinguish between the income effect and substitution effect of change in price of a normal good​

Business
1 answer:
Nana76 [90]3 years ago
4 0

Hello. You did not present a diagram to which the question refers. However, I will try to help you in the best possible way.

The income effect is the term related to the increase or decrease in the consumer's purchasing power in relation to the fluctuation in the price of consumer products and the value of the national currency. On the other hand, the substitution effect refers to the impact between the variation of the consumers' income value and the product's prices.

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Ryan bought a stock three years ago for $6 a share. Today, June 22, the stock is selling for $72 a share. Ryan is afraid that th
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2 years ago
Career cluster help identify the knowledge and skills needed to;
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People are going to be different. The focus of managers should be to ________. Group of answer choices make sure the practices w
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Answer:

find ways to develop strong relationships with and engage the entire workforce.

Explanation:

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3 years ago
Evaluating od interventions always involves measuring their impact on employee satisfaction, productivity, and the bottom line.
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False. Evaluating interventions always involves measuring their impact on employee satisfaction, productivity, and the bottom line.

<h3>What is evaluating interventions?</h3>

A number of creative methods for conflict-resolution evaluation have been developed, despite the fact that conflict-resolution interventions are often evaluated on an as-needed basis.

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Participatory evaluation is an evaluation strategy that is "bottom-up" or "people-centered."

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4. Action Evaluation

By encouraging stakeholders to define and track success, Action Evaluation seeks to assure the effectiveness of initiatives.

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