Answer:
Store of value.
Explanation:
Ruth Hu recently inherited $200,000. She has invested the inherited money in real estate and government securities. Hu is using her money as a store of value.
A store of value can be defined as the characteristic of an asset which makes it tradable, can be saved, maintain its value, retrievable and exchanged at a future time without it depreciating.
Assets with such functions or characteristics are money, gold, diamonds and other precious stones.
Answer:
Explanation:
Generally, identify the link between your dreams and your product and identify the connection. There are only seven steps:
1. Define customer wishes
2. Determine how much the customer will satisfy
3. How to handle product consumer surveys
4. Define solid relationships
5. improves severity
6. Evaluate competitive products
7. Identify the technical characteristics / activities / activities of your competitors
When using incentives to motivate a team, the team can respond with unintended negative behaviors such as social loafing and free riding. The term social loafing refers to the tendency to put<span> less effort to achieve a goal when people work in a </span>group<span> than when they work alone.
</span>Free riding denote the phenomena in which some members do not put in their share of work under the assumption that others' efforts will cover their shortfall.
In a market with price controls, there can be shortages or surpluses of goods and services. A shortage in goods or services means that there is not enough supply to cover the demand of the items. The quantity of the goods or services that is supplied is less than what is demanded. In this case, there are not enough products for consumers to purchase. A market surplus means there is is too many goods or people available for services but the demand from consumers is not there. This causes businesses to have too much goods available.
<h2>The two fundamental steps are how people make choices & how resources and scarcity affect the costs and benefits of choices.</h2>
Explanation:
Let us understand the term "Economics" first.
It deals with "production, distribution and consumption" of "goods and services".
The basic steps are
People make choices by
- seeing the price of the market for any given product,
- the benefits that they get out of it,
- the postponement of buying a product based on the availability of the product
- buying products based on future demands
- understanding that the cost depends purely on the "scarcity" of the product