Answer: Air travel is a normal good and vacation travel by car is an inferior good
Explanation: What is a normal good and what is an inferior good.
Normal goods are those goods for which the demand rises as consumer income rises. While inferior goods are goods whose demand increases when consumer income decreases.
This therefore means that the demand of inferior goods is inversely related to the income of the consumer.
From the question above, we can say that car trips are inferior goods while the air travel are normal goods.
Answer:
3.96
Explanation:
A company's Time Interest Earned ratio shows us its ability to pay its debts.
The income before expenses is given as: $575000
The interest expenses = $145000
The question wants us to find time interest earned ratio. We get this by:
Company's initial income/interest expenses
= $575,000/$145,000
= 3.96
This is the correct answer to the question. The right answer was not listed in the options.
To ensure bandwidth isn’t being consumed to ensure bandwidth isn’t being consumed has to use an application container
.
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Explanation:</u>
Application container separates applications from the host operating system. Virtual environments are allowed to run application in application container. Software-defined networking (SDN), will not complete the task on the other hand.
Running applications on separate virtual LANs (VLANs) is of no use when it comes to the host operating system and notifying on updated versions can also not accomplish the task.
Application container is an all-in-one or stand-alone package for software application. They include application binaries, software dependencies and the hardware requirements that are required to run, all enclosed into an independent, self-contained unit.
Increased use of current inputs in the production process is the short-term response of aggregate supply to rising demand (and prices).
A company can't, for the short term, build a new factory or introduce new technology to boost production efficiency because the level of capital is fixed.
What is short run and long run aggregate supply?
The intersection of the economy's aggregate demand and long-run aggregate supply curves determines its equilibrium real GDP and price level in the long run. The short-run aggregate supply curve is an upward-sloping curve that shows the quantity of total output that will be produced at each price level in the short run.
To learn more about aggregate supply here
brainly.com/question/29349235
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There are several ways to earn money and start building job experience while in college. One of the most common is an internship, where you work at a company under supervision of a mentor/intern coordinator, get paid, and often earn college credit. Another way would be to look for a part time or entry-level job in the field you are studying. Many college campuses have a career resource office designed to help students search for and gain relevant employment.
