Answer:
Substitute Effect
Explanation:
When a product's price increases, it becomes relatively expensive compared to its alternatives. The high price will encourage consumers to choose other goods that are relatively cheaper. Consequently, the price increase reduces the demand for the product while increases the demand for its substitutes.
The substitution effect describes how consumption is affected by an increase or a decrease in a product's price.
The planet has decayed to the point of species getting to be noticeably terminated each day. No man's lands exist inside our seas, not very many rain woods remain, and essential natural surroundings for creatures have everything except vanished. Contamination and brown haze are perilous issues to humanity, harmful cancer-causing agents are in the water supply, the air, and the air thusly, sullying the crisp nourishments we eat each day.
Answer:
C
Explanation:
Trade off can be expressed in terms of opportunity cost.
Opportunity cost or implicit is the cost of the option forgone when one alternative is chosen over other alternatives.
Kyoko has limited time so she has to choose between three activities. If she chooses one sport, she would not be able to partake in the other activities. So, she is trading off biking or running for swimming.
Trade off occurs because resources are limited and wants are unlimited.
Answer:
Project manager
Explanation:
Glenda must be working as a<u> project manager</u>.
<em>A project manager is a person that leads the team to design and execute projects within an establishment. He/she also ensures monitoring and control of resources in order to get maximum results. </em>
Hence, Glenda must have been employed as a project manager for the telecommunication company.
