1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Sauron [17]
2 years ago
6

Identify which cost of inflation—menu costs or shoe-leather costs—is illustrated in each of the scenarios.

Business
1 answer:
olga2289 [7]2 years ago
3 0

Answer:

shoe‑leather costs

. menu cost

Explanation:

Inflation is constant price in general price level

Types of inflation

  1. demand pull inflation
  2. cost push inflation

Shoe leather cost is when people try to spend money immediately so they would not be holding money for a long time. This is because money loses its value in an inflation.

Menu costs are the costs of changing price constantly as a result of inflation, When there is inflation, prices increases regularly. As a result prices needs to be updated regularly.

You might be interested in
Gary is the marketing manager for an automobile dealership his boss tells him the firm's primary goal is
Eduardwww [97]

Answer:

sales orientation

Explanation:

It seems that in this scenario the firm is using a sales orientation. This is a business approach that focuses on improving the company's products or services without taking the actual needs of the customers into consideration. In order to make as many sales as possible which ultimately increases the company's market shares.

3 0
3 years ago
Help!!!!! please give an explanation!
Murrr4er [49]
I’m sure that it’s true you nerd
7 0
3 years ago
Suppose a relatively poor country receives foreign aid to be used for education.​ However, a large portion of the money is stole
makkiz [27]

Answer:

True

Explanation:

There are two reason which suggest that action will generate greater inequality.

1. some amount is stolen by government official thus fund is getting allocated to person who are already self-sufficient hence causing inequality

2. even left portion of fund is not allocated proportionally to all the area and thereby increasing the inequality.

6 0
3 years ago
Do you think Bitcoin should be regulated?
nignag [31]
Yeah hooray hooray hooray
5 0
2 years ago
replacement of skilled workers with machines that can do the job more efficiently is called what? a. deskilling b. downsizing c.
ASHA 777 [7]
The correct answer is A. deskilling

Deskilling is a process in which skilled workers are replaced by technological advancements which make the worker obsolete.
5 0
2 years ago
Read 2 more answers
Other questions:
  • Quince Holman Corporation reports: Cash provided by operating activities $250,000 Cash used by investing activities 110,000 Cash
    7·1 answer
  • Given the industry structure in the automobile business, entering the auto manufacturing industry doesn't seem advisable. Yet Te
    12·1 answer
  • Employees who handle and prepare food should:
    9·1 answer
  • Calculating Net Cash Flow from Operating Activities (Indirect Method) Lincoln Company owns no plant assets and reported the foll
    9·1 answer
  • When you start the idea process, what do you list first?
    13·2 answers
  • Greta has liability and collision insurance, but no comprehensive insurance on her 2009 Honda Accord. One night, it is stolen fr
    9·2 answers
  • Strafford Inc. elected to use the nature of distribution approach for distributions from its equity-method investment purchased
    12·1 answer
  • A company is asking you to evaluate whether to start a specialty tile manufacturing unit. The initial cost of setting up the man
    5·1 answer
  • If you are holding a premium bond, you must expect a _______ each year until maturity. If you are holding a discount bond, you m
    11·1 answer
  • This international business strategy is generally the most expensive commitment that a firm can make to an overseas market
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!