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creativ13 [48]
3 years ago
13

When Joshua's income increases, he purchases more prime-rib dinners than he did before his income increased. For Joshua, prime-r

ib dinners are Group of answer choices a normal good. an inferior good. an optimal good. a Giffen good.
Business
1 answer:
elixir [45]3 years ago
8 0

Answer:

a normal good

Explanation:

A normal good is one that a consumer buys normally and when there is an increase in his income there is an increase in the demand of this good.

The opposite of this is an inferior good whose demand falls sometimes to zero as income increases. Consumers choose other goods to consume as income increases.

In the given instance where Joshua's income increases and he purchases more prime-rib dinners than he did before his income increased, this is a normal good for him.

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Age, gender, and race are examples of _______information
Dimas [21]

Answer:

I think it's personal info? It's also stuff you shouldn't give out online

4 0
3 years ago
Read 2 more answers
Two people apply for loans of the same amount. Due to differences in their credit scores, their payments differ by $72 per month
Vlada [557]

Answer:

$2592

Explanation:

Let the amount of loan applied for by both person be $x and $y respectively. If their loan differs by $72 each month, the second person would have applied for $(x+72) each month.

Amount applied by first person will be $x at the end of first month

Amount applied by second person will be $(x+72) at the end of first month

At the end of 36 months, the amount applied for by the first man will be $36x

At the end of 36 months, the amount applied for by the second man will be $36(x+72)

First person 'x' =$36x

Second person 'y' = $36(x+72)

If x pays $36x

y will pay $(36x+2592)

Their difference will become

$36x+$2592-$36x

= $2592

The person with the lower credit score will pay $2592 at the end of the 36-month loan

5 0
4 years ago
You can best deal with visitors that drop into your office by A. telling them you are busy now and suggest an alternative time t
Katyanochek1 [597]
Hi!

That's a funny one xD


The correct answer is A
Tell them you are busy now and suggest an alternative time to talk.

The other options are not good because if you just tell them you are bus now, you will lost the client. They will think you are not care for them. You can't tell them to make an appointment with your assistant because they want to talk with you,not the assistance. OMG always keeping the door closed is the worst xD. It shows that you don't welcomed people so you wouldn't have enough client.


I hope this helps!
4 0
3 years ago
Shalina uses the expression 3x to determine the cost of x notebooks. What is the cost of 24 notebooks? $8 $27 $62 $72.
Lana71 [14]

An estimated amount of money or payment required to pay by the purchaser to the owner or manufacturer is called cost. It is a defined amount of price set by the seller for its product.

$ 72 is the cost for the notebooks.

<h3>How to determine the cost?</h3>

Given,

  • Cost of x notebooks = 3x
  • Number of notebooks (x) = 24

Cost of 24 notebooks = 3 (24)

Cost = 72

Therefore, option d. $72 is the cost of the notebook.

Learn more about cost price here:

brainly.com/question/962043

5 0
3 years ago
Read 2 more answers
As part of developing your company's marketing strategy, you are tasked with analyzing the new-product capabilities, channel str
8090 [49]

Answer:

Marketing Skills

Explanation:

Marketing skills refer to the tact to create the market for the product or service, which involves various activities as like:

Analysing the market, analysing the customer needs, knowing the customer tendency and spending capacity, etc:

In the given instance, all the factors disclosed are related to marketing skills.

With all the factors and knowledge the company aims to gain maximum customer satisfaction and reach maximum potential customers.

8 0
4 years ago
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