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PtichkaEL [24]
2 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]2 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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Answer:

The Food and Drug Administration issues a recall for the meat, and the seller notifies its customers.

Explanation:

When there is a serious or potentially serious risk to consumers, the FDA works with sellers and distributors to recall products (remove them from store shelves) and notify customers through press releases and other communications.

7 0
3 years ago
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d. Non-state (non-governmental) actors, focused on profit

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2 years ago
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D a tree branch breaks your window
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3 years ago
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aleksley [76]

Answer: No it is not.

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Going back to the issue of taxes, if the regulators feel that Uber may be avoiding taxes, they could impose laws that either cause an increase in Uber prices or remove them from a location which can have a native influence on Uber's bottomline.

This approach is not good because regulators do not like being fought and will try to ascert dominance. It is simply not viable and this has been proven with Uber's many suspensions around the world.

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