Answer:
Explanation:
Each of these effects would most likely influence Tommy's order differently. The real-income effect would most likely cause Tommy to buy the large steak and salad regardless of the increase in price since individuals tend to spend more when they start making more money. The substitution effect on the other hand would most likely cause Tommy to order a smaller steak since it costs more but at the same time order, more salad since the price has not increased as the steak did.
<span>Retail buyers usually work closely with designers and their designated sales. May buy name brand products while a large company buyer may have the opportunity agree on a price and/ financing terms and in some cases they may not agree. And in some cases years in advance what accessories and apparel will sell.</span>
Answer:
option D
Explanation:
This might increase cost of salary since most of the workers in the pilot group are due for promotion based on their performance which would result in putting them on a new salary scale coupled with their 5% hike, this might proof to expensive to run causing a shake across the salary scale of the company.
When a departmental approach is used, one will find that the selling price will always be <u>different</u>.
<h3>Why would the price be different?</h3>
- Each department incurs its own unique costs.
- These costs will be different across departments.
When these costs are therefore applied to the products made by these departments, the selling price will be different because the costs were different.
Find out more on the departments in a company at brainly.com/question/14278039.
Answer:
expand
Explanation:
In "open market operations" to expand M1, the securities held by a commercial bank (or the public) are exchanged for "cash" from the Fed (the transfer of funds from the Fed to a bank.
The Fed buys securities from banks holding it, for money; so as to increase the supply of money in the economy.