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Crazy boy [7]
3 years ago
12

When the price of a product increases, a consumer is able to buy less of it with a given money income. This describes the

Business
1 answer:
e-lub [12.9K]3 years ago
4 0

Answer:

Describes the inverse relationship.

Explanation:

This describes the inverse relationship between price and purchasing power. If the price of a commodity increase then the purchasing power of a consumer decreases automatically. If the price of the commodity decreases then the consumer's purchasing power increases which means the consumer is able to buy more commodity with the same income.

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Everybody should leave this app and go to question cove. You do not need any points to ask questions and you get correct answers
guajiro [1.7K]

Answer:

thz fo the points

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In an emergency situation the driver should always contact the dispatcher? True or false
Goryan [66]

Most definitely True

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Read 2 more answers
se the drop-down menu to complete each statement. A good is considered when producers can quickly supply more or less of it base
adoni [48]

Answer: elastic; inelastic

Explanation:

A good is considered (elastic) when producers can quickly supply more or less of it based on changing prices while a good is considered (inelastic) when producers can quickly change how much of it is supplied when prices change.

In an elastic good, a change in price brings about a significant shift in the demand of such good while on the other hand, in an inelastic good, a change in price brings about an insignificant shift in the demand of such good.

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3 years ago
How can a focus on ad copy affect paid search results and what are its implications related to the buyer journey
Dmitry_Shevchenko [17]

The way a<em> focus on ad copy</em> can affect paid search results and its <em>implications </em>related to the buyer journey is:

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<h3>Advertisement</h3>

This refers to the marketing of goods or services which is meant to persuade a person to make a purchase.

<h3>What is Ad Copy?</h3>

This refers to the specific content which is targeted to the reader so that he can take action and make purchase and this is popularly called copywriting.

This helps the advertising company to make very targeted ads which are very persuasive to generate sales and these would make the customer to take action and make a purchase as quickly as possible.


Read more about advertising here:
brainly.com/question/24967768

7 0
2 years ago
All that blooms provides environmentally friendly lawn services for homeowners. its operating costs are as follows. depreciation
babunello [35]

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4 0
3 years ago
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