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2 years ago

Evaluate how a change in consumer incomes will affect the demand

Business

1 answer:

dalvyx [7]2 years ago

8 0

Answer:

They will be less likely to rent an apartment and more likely to own a home. A product whose demand falls when income rises, and vice versa, is called an inferior good. In other words, when income increases, the demand curve shifts to the left.

For normal economic goods, when real consumer income rises, consumers will demand a greater quantity of goods for purchase. ... When nominal income increases without any change to prices, this means consumers can purchase more goods at the same price, and for most goods, consumers will demand more.

Explanation:

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A manufacturer of sports bicycles uses various cycling legends and sports celebrities as brand ambassadors to promote its produc

Luden [163]

Based on the information given the step of the international communications process did the manufacturer most likely go wrong is message channel.

Failure in International communication process occur when there is ineffective communication between the sender of the message and the receiver of the message.

Lack of general knowledge about the target market can as well lead to failure during promotional campaign reason being the product message to be communicated need to reflect needs of the target market.

Selling sport bicycles in other country for sporting those not means that other country use bicycles for the same purpose, based on this it is important that message channel is carefully chosen in a situation where an encoded message is to reach the target market.

Inconclusion the step of the international communications process did the manufacturer most likely go wrong is message channel.

Learn more about International communication process brainly.com/question/5031198

5 0

3 years ago

Tara Foods of Georgia produces a wide range of peanut butters and food extracts, but does not sell any of its output under its o

vodka [1.7K]

Answer: Middlemen's brand

Explanation:

Tara foods are producing products that would bear the brand name of the wholesalers or retailers, which is an example of Middlemen's brand.

Middlemen's brand is a form of branding under ownership, where a producer makes a product and sells them to the wholesaler/distributor without a brand name, and the product would then bear name of the wholesaler/distributor.

4 0

3 years ago

Dunder Imports has common stock outstanding at a market price of $57 per share. The total market value of the firm is $5,130,000

MaRussiya [10]

Answer:

Dividend per share is 5.55.

Explanation:

Common stock has the market price = $57 per share

The total market value of the firm = $5130000

The liquidating amount of its division = $500000

Now we have to find the amount per share of the dividend, below is the calculation.

Number of outstanding shares = 5130000 / 57 = 90000

Dividend = 500000

Dividend per share = 500000 / 90000 = 5.55

3 0

3 years ago

You plan to buy a $250,000 home with a 20% down payment. The bank you want to finance the loan through suggests two options: a 1

Rama09 [41]

Answer:

A 15-year mortgage monthly payments is: $1,496.5

A 30-year mortgage monthly payments is: $1,060.1

=> The difference of monthly payment between the two options is: $436.4 ( $1,496.5 - $1,060.1) where the monthly payment of the option of 15-year mortgage is higher.

Explanation:

The borrowed amount in both options is : $250,000 * 80% = $200,000;

* A 15-year mortgage monthly payments is:

We have (1+APR) = ( 1 + Monthly Interest rate)^12 <=> 1.0425 = ( 1 + Monthly Interest rate)^12 <=> Monthly Interest rate = 0.3475%;

Amount of payment periods = 15 * 12 = 180

=> Monthly payment = (200,000 * 0.3475%) / [ 1 - 1.003475^(-180) ] = $1,496.5

* A 30-year mortgage monthly payments is:

We have (1+APR) = ( 1 + Monthly Interest rate)^12 <=> 1.05 = ( 1 + Monthly Interest rate)^12 <=> Monthly Interest rate = 0.4074%;

Amount of payment periods = 30 * 12 = 360

=> Monthly payment = (200,000 * 0.4074%) / [ 1 - 1.004074^(-360) ] = $1,060.1

3 0

4 years ago

Anna got a high-paying job as a lab technician upon graduation. She took

lesantik [10]

Answer:

Positive ROI

Explanation:

A positive ROI or positive rate of return occurs when the benefits realized from a project are much more than the costs incurred. Positive implies that a net effect of a number greater than zero.

Anna did not incur a lot of debts while in college. It suggests she controlled her expenses well. Since Anna has a well-paying job, her income and the cost incurred in college compare favorable. Her benefits are more compared to the cost of education.

6 0

3 years ago

Read 2 more answers