Answer:
These stores sell inferior goods and services.
Explanation:
An inferior good or service is a good or service whose demand decreases as the income of their consumers increases, i.e. if the consumers are earning more money, they will consume less of them.
On the other hand, when their consumers' income decreases, their demand increases.
Both McDonald's and Dollar General are business that sell cheap goods and services, so when the financial crisis decrease American households' incomes, they more people purchased their goods and services.
<span>Saving decreases a firm's capital stock and investment increases its capital stock.
When a company isn't giving out many shares or allowing a person to invest in the companies shares, there is a decrease in the firm's capital stock. In this case, the firm is saving the amount of shares they are allowing to be purchased. When investors are able to invest in the company, there is an increase in capital stock.
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Had to look for the options and here is my answer. What happens when a shoe firm puts its shoes on sale at a price that is lower than the opportunity cost of the inputs used in the process of production is that the firm will possibly make losses between the accounting and economic aspects.
<span>In the table above the output level where the price minus atc (average total cost) is a maximum (or least negative) is the maximum profit position. this occurs at an output of four units.</span>
Answer:
command economy, market economy and traditional economy
Explanation:
in the command economy the government answer the question of what to produce, how to produce and to whom. the government determines investment and income.
in the market economy: the economy decision of investment and income, production and distribution is determine by the price according to the law of demand and supply
traditional economy: is an economic system that is signaled by the custom, belief and traditions of the people which influences goods and services the economy produces, how it is produce and who uses the product.