An investment banker who earns more than $1 million a year, a food service worker who makes minimum wage, and a teacher with a salary of $50,000 per year represent the presence of social <u>inequality </u>within society.
<h3>What is inequality?</h3>
Inequality can be defined as the way in which income or wealth are not distributed equally in a society as some people earn more than others.
Hence, their is the presence of social inequality within a society if a investment banker earn $1 million a year, a food service worker makes minimum wage, and a teacher earn $50,000 per year.
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Answer:
A. The demand curve shifts to the left
Explanation:
Bread and butter are compliment goods. They offer the consumer a high utility when consumed together. An increase in demand for bread will increase the demand for butter. Changes in the price of bread will affect the demand for butter.
An increase in the price of bread leads to a decrease in demand. Reduction in bread demand means that butter consumption will decline as there will be less bread to apply butter. A decrease in demand will prompt the demand curve to shift inwards.
Answer:
<u>means that management has to investigate every budget difference.</u>
Explanation:
- Management has an exception as the practice f examining the financial and operational results of a business. Only bringing the issues to the attention of management when substantial differences in budgets or within the expected amount.
- The concept assumes that business managers handle cases that derive them from the norms and have the main disadvantage of calculation mistakes that results from a large variety of data and finding errors to be consuming activity.
Answer:
Not only do businesses see benefits from the protections of trademarks, consumers do as well; they allow consumers to correctly identify the products they want to purchase.
d. trademarks
Explanation:
A trademark is a symbol, word or sign that has been registered as representing a company or a product. They are majorly used by companies to identify a product specifically as belonging to that particular company. It usually has unique features that separates the product from similar products in the industry. Once a trademark has been registered, the company that has registered that particular trademark has sole right on its production and use. This means that any other company cannot use this trademark without permission from the company that registered it. It is illegal to use a registered trademark without permission from the owner.
Trademarks are very useful to the business since they are protects the owner from production of similar words, sign or symbols. It therefor avoids confusion in knowing the source owner of the product. This can be a useful tool in marketing since the consumers will use the trademark in identifying the product they want. On this note, the trademarks also allow consumers to correctly identify the products they want to purchase.
Answer:
Explanation:
The two attached pictures shows the explanation for this problem. I hope it help you. Thank you
