Population increase
• There will be an increase in demand as the population grows. This is because there are more individuals who are going to be consuming the economy’s goods.
Population decrease
• There will be a decrease in the demand and the population lessens. This is because there are less individuals who want to consume the economy’s goods.
Increase in most people’s income
• This will cause an increase in demand. This is because consumers income has risen so they can now afford to buy more of of the goods they normally purchase or they can buy new goods they don’t normally purchase. Due to this circumstance there will be an increase in demand
Decrease in most people’s income
• This will lead to a decrease in demand. Reason being is that consumers may no longer be able to afford certain goods and as such they will consume less of these goods causing demand d to decrease.
Price of substitute increases
• This will cause a decrease in demand. When there is a price decrease in a substituted good consumer will lessen their purchase and and aim to purchase more of a different good for the same satisfaction at a lower cost.
Price of substitute decrease
• Now that the price of the substitute decreases it will cause a surge in demand. This is because consumers can now afford this food and will change from a substitute to their normal good.
Price of complementary good increases
• This will cause a flux in demand. This is because when the price of a complementary good increases, consumer can no longer afford this good and will buy less of it. With the price of a complementary good increasing, the demand for the good that it complements will decrease as well.
Price of complementary good decrease
• This will cause a surge in demand. Consumers can now afford to buy a complementary good and will in turn buy the good that it complements as well.
Product becomes a popular fad
• This will cause a increase in demand as consumers shift their taste from one good to another.
Product now out of fashion
• This will cause a decrease in demand as this good is no longer trending. This will cause consumers to shift their want to a different more trendy good.
There is an expectation that the price of the good will soon fall.
• This will cause a decrease in demand. This is because consumers have the knowledge that the price of the good will soon fall, so they will not buy and of the good until the price of the good falls.
There is a fear that the economy will go into recession where many firms will fail and unemployment will increase.
• There will be an increase in demand. This is because consumers are fearing that they soon won’t be able to afford any good. Due to this circumstance they will buy a surplus of products and store it for these expected unfortunate times.
Hope this helps:)
Answer:
C) Electronic Home Entertainment Equipment Installer
Explanation:
Answer:
The Interest should be posted as an Income as Other Income in the Income Statement.
Explanation:
Interest income is the amount received by an entity from another usually a Bank for the use of its funds.
The recognition of Interest Income will be determined by the type of business of the entity. For income to be identified as under Business Operation income, it means it must be a huge source of revenue or part of its daily operations. A healthcare business is not in the business of loaning funds neither does it earns it major revenue from Bank deposits.
Answer: C. Extraversion and Agreeableness
Explanation:
Extraversion is described as the quality of enjoying the company of people as opposed to be alone. A person that scores high on Extraversion charts is an EXTROVERT and enjoys being the centre of attention as well.
Chaurice had a Lot of Friends and was outgoing enough to help students adjust as a Peer Mentor. This shows that she is an EXTROVERT.
Agreeableness is the quality of being nice. An Agreeable person is compassionate, friendly, polite and empathetic. Such people tend to make good friends and are good team players.
Chaurice caring for Freshmen and having a lot of friends puts her in this category as well.
Answer:
Espoused values
Explanation:
From the question we are informed
Hewlett-Packard founders David Packard and William Hewlett who strived to create a close-knit organizational culture that gave a lot of responsibility to employees and fostered innovation within the company. Individual responsibility and the importance of innovation are Espoused values.
Espoused values can be regarded as values which is been expressed on behalf of a particular organization, it could also be values that is been
attributed by senior managers of an organization in public statements
to that particular organization. Theses statement could be annual reports of the firm. These values are practical results of values been espoused through members of an organization.