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
77julia77 [94]
2 years ago
15

The demand for this type of good rises when income falls and falls when

Business
1 answer:
Amiraneli [1.4K]2 years ago
4 0

Answer:

o inferior

Explanation:

The inferior goods shown the inverse relationship between the demand and the income. If the demand of the goods is increased so the income would fall and if the demand of the goods fall so the income would rises

So this represent that the good is an inferior good

Hence, the second option is correct

You might be interested in
What are the two principal animal research regulatory documents used by the public health service?
BARSIC [14]
<span>"Public Health Service Policy on Humane Care and Use of Laboratory Animals" by the US Deparment of Health and Human Services; and "Guide for the Care and Use of Laboratory Animals" by the National Research Council of the National Academies.</span>
6 0
3 years ago
the government believes that the equilibrium price is too low and tries to help almond growers by settinga price floor at Pf. Wh
musickatia [10]

Answer: D) B

Explanation:

The Producer Surplus refers to the area below the Price Floor but above the Supply Curve and left of the new Quantity supplied. It comprises of areas B and E.

Before the Price Floor was introduced, area A, B and C were the Consumer Surplus as they were above the price but below the Demand Curve.

After the Price Floor was introduced however, area B has become a Producer Surplus.

7 0
3 years ago
Mr. Deli wants to start a small sandwich shop in his neighborhood. He has enormous amounts of cash that he inherited from his Un
Brilliant_brown [7]

Answer:

sole proprietorship

Explanation:

A sole proprietorship is a type of business that is owned by one person

Characteristics

1. it is owned by one person

2. the business has unlimited liability

3. the business has limited access to capital

4. the business usually lacks continuity. this type of business usually ceases to exist when the owner dies

5. the business is usually not separated from the owner

8 0
2 years ago
What is the reason why people want something that is scarce?
vfiekz [6]
"Human wants are unlimited" is the one among the following choices given in the question why <span>people want something that is scarce. The correct option among all the options that are given in the question is the second option or option "B". I hope that this is the answer that has come to your desired help.</span>
5 0
2 years ago
Which of the following examples should make a consumer leary to purchase from a business?
Mashutka [201]

Answer:

A. Limited information about the establishment on the company’s website.

Explanation:

A business is promising if they have complete information on their website. The credibility is made sure if the company has proper information that instigates trust among the consumer. The consumer can trust the company if they can reach it easily after the purchase and if the company has proper setup, both physical and virtual.

Therefore the correct answer is option A. Limited information about the establishment on the company’s website.

4 0
3 years ago
Other questions:
  • The government has become more actively engaged in regulating the american economy since 1900. question 9 options: 1) true 2) fa
    15·1 answer
  • ​Brown's, a local​ bakery, is worried about increased costs particularly energy. Last​ year's records can provide a fairly good
    6·1 answer
  • A consumer product for which buyers will expend effort or planning, that is purchased infrequently, and that is usually purchase
    12·1 answer
  • The evms term that represents the value of work actually accomplished is:
    13·1 answer
  • 2. Think of a real or made up but realistic example of a speculative risk that you or someone you know may face, and then answer
    12·1 answer
  • Mike begins an excavation on his land to construct a new building. The excavation causes a subsidence in neighboring lands and b
    8·1 answer
  • What is seen as a major downfall to pepfar funding?
    10·2 answers
  • How hates fake friends if u do than friend me
    13·2 answers
  • To make effective decisions in​ today's fast-moving​ world, managers need to​ ________.
    13·1 answer
  • Suncoast Healthcare is planning to acquire a new x ray machine that costs $200,000. The business can either lease the machine us
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!