Answer:
Explanation:
An outward shift in demand will occur if income increases, in the case of a normal good; however, for an inferior good, the demand curve will shift inward noting that the consumer only purchases the good as a result of an income constraint on the purchase of a preferred good.
Answer:
d) the supremacy clause
Explanation:
Lyndon a man from Maryland, receives a federal license to perform a commercial fishing boat in a particular region off the Maryland shore. Maryland's state legislature passes a law that bans all commercial fishing in that region. The state law most likely breaks <u>the supremacy clause</u>. In the supremacy clause, it authenticates that the federal laws made will be agreeable to it. Also, the agreements should be made under its authorization
<span>Emily has no case as Toyosan's safety equipment (the airbag) deployed correctly. The safety equipment is there to save lives and reduce serious injury, not eliminate damage completely. Emily would need to sue the driver that caused the accident.</span>
Answer:
E. Shifting from a multi-country to a global strategy.
Explanation:
- The process of diversification allows the firms to reap the competitive advantages as the benefits of the skills and transfers, low costs economies of scope.
- Cross boundaries used by the powerful brands and collaboration in the creation of stronger and competitive capabilities.
- A diversified firms thus look for a global strategy to spread its risks and establish its business and develop its main strategic alternatives.
- The diversified firms hence have ample market opportunities and thereby brain the scope of the business.
Answer:
The question is incomplete
Choose one correct answer from the following;
a.the demand for trees is inelastic.
b. total revenue to tree producers rose this year.
c. consumers bought the same number of Christmas trees this year as last year.
d.the price of the Christmas trees stayed the same.
e.the demand for trees is unit elastic.
The answer is e.the demand for trees is unit elastic.
Explanation:
Price elasticity of demand =( (25-30)/30 *100)/ 1680-1400/1400 *100)=1.2
