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3 years ago

Demand

Business

2 answers:

Illusion [34]3 years ago

6 0

Answer:

It is an inferior good

Explanation:

Inferior goods are products whose demand increase as people income decrease. In other words, when consumers' income increase, the demand for inferior goods reduces. An inferior good is an economic term and has no relations with the quality of the product.

With reduced incomes, individuals are most likely to consumes fast foods. When their income increase, they can afford to dine in restaurants. For that reason, fast foods can be referred to as inferior goods. Non-branded product items are also inferior goods. When income reduces, the consumer may abandon expensive brands for cheaper non-branded products.

ICE Princess25 [194]3 years ago

3 0

Answer:

mmmmmmmsmsmsmExplanation:

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Viet drives around and checks meters to document the amount of electricity used in homes. What Energy pathway is he a part of? E

Aloiza [94]

Answer:

he would be part of the energy distribution process

Explanation:

As Viet drives around and checks meters to document the amount of electricity used in homes since the electricity is distributed off a power line into the house and then within the house by the wiring to the lights and the electrical outlets for usage by the inhabitants.

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3 years ago

Read 2 more answers

Kelly sells women's accessories. Her prospective buyer is smiling and is eyeing the samples Kelly brought with her to the sales

Paladinen [302]

Answer:

Ask the potential client to try out the accessories and give the prices.

Explanation:

Having the legs uncrossed and her arms relaxed the client is showing that is comfortable with the situation and open to accept the products offered by Kelly. The best way to proceed would be presenting her prices offer and starting the negotiation, she should pay attention to the client's behavior to know of she is willing to negotiate and acquire the products.

3 0

3 years ago

Luis has $170,000 in his retirement account at his present company. Because he is assuming a position with another company, Luis

serious [3.7K]

Answer:

Luis will have $ 1,153,675.657524 in his account at the time of his retirement.

Explanation:

Acording to the data Luis has $170,000 in his retirement account

His current account after 30 years at 4.5% compounded quarterly will be

Current account = $ 170,000(1 + (0.045/4))^(4*30)

Current account = $ 650,838.260724

Acording to the data Luis also plans to put $2000/quarter into the new account until his retirement 30 years from now.

The future value (FV) of the account will be

FV = 2000[(1 + (0.045/4))^(4*30) -1] / (0.045/4) 0.01125

FV = $ 502,837.3968

Therefore, to calculate how much will Luis have in his account at the time of his retirement we have to calculate the following:

Total amount = Current account+FV

Total amount = $ 650,838.260724 + $ 502,837.3968

Total amount = $ 1,153,675.657524

Luis will have $ 1,153,675.657524 in his account at the time of his retirement.

4 0

4 years ago

Question 10 of 10 Which of the following is the largest student organization and focuses on developing business leaders?

siniylev [52]

Answer:

Alpha Kappa Psi is among the largest business student organizations on campus. Known for developing principled business leaders, Alpha Kappa Psi is the world's oldest business fraternity.

4 0

2 years ago

Duke Company has net fixed assets of $400,000, short-term liabilities of $30,000, long-term liabilities of $20,000, common stock

ycow [4]

Answer:

option (b) 20

Explanation:

Data provided in the question:

Net fixed assets = $400,000

Short-term liabilities = $30,000

Long-term liabilities = $20,000

Common stockholders' equity = $90,000

Total stockholders' equity = $100,000

Now,

Ratio of fixed assets to long term liabilities

= Net Fixed assets ÷ Long term liabilities

= $400,000 ÷ $20,000

= 20

Hence,

The correct answer is option (b) 20

3 0

4 years ago