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aalyn [17]
2 years ago
12

If the economy goes into a recession and incomes fall, what happens in the markets for inferior goods?.

Business
1 answer:
Paraphin [41]2 years ago
5 0

When there is a recession and a fall in income, in the markets for inferior goods, demands increase.

<h3>What are inferior goods?</h3>

Inferior goods are goods whose demand falls when income rises and increases when income falls.

<h3>What is a recession?</h3>

A recession is when there is a negative gross domestic product for four consecutive periods. When there is a recession, there is a decline in productivity in the economy.

To learn more about inferior goods, please check: brainly.com/question/15901212

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Answer:

The search engine works through three primary functions,

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Explanation:

Crawling is the process in which the server works as a spiders and finds out information relevant for the user. Indexing is the way to store the web page. Ranking is the priority through which websites are displayed. The most matched text with the URLs are displayed first. The content in the website is matched with the relevance and then displayed to the user.

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This is an example of market development growth.

<h3>What is market development?</h3>
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  • A development plan focuses on non-buying clients in the segments that are already targeted.
  • Additionally, it aims to reach fresh markets of clients.
<h3>What is custom?</h3>
  • A custom is a long-standing behavior of an individual or group (such as a daily routine) (such as a cultural practice).
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<h3>What is market penetration?</h3>
  • When a product or service is successfully sold in a particular market, this is referred to as market penetration.
  • The sales volume of an existing good or service in relation to the overall target market for that good or service is used to measure it.
<h3>What is product development?</h3>
  • New product development in business and engineering refers to the entire process of launching a brand-new product, updating an already-available product, or launching a product in a new market.
  • Product design, along with many commercial factors, is a key component of NPD.
<h3>What is diversification?</h3>
  • Diversification in finance refers to the process of allocating capital in a way that limits exposure to any one specific asset or risk.
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Therefore, this is an example of market development growth.

Know more about markets here:

brainly.com/question/906651

#SPJ4

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2 years ago
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Because the banks were down
8 0
3 years ago
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The local fire department is using a selection test to measure the ability to continue maximum effort requiring prolonged effort
Airida [17]
<span>The type of physical ability is the fire department measuring is called <u>“Stamina”</u>.
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<span>Strength is one thing, the ability to continue exerting the same amount of strength over time is called stamina. Stamina is important especially in quick-response jobs which usually cater to emergencies</span>
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Which of the following methodologies might be most appropriate if you have a system project with: unclear requirements; very fam
Anna71 [15]

Answer:

The last option is wrong, the correct option to that question is: Extreme Programming.

And the correct answer is that option.

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