Answer:
The income effect and substitution effect work in opposite directions and income effect is dominant.
Explanation:
In case of a normal good, both the income effect as well as substitution effect work in the same direction. A fall in the price of a product will increase the purchasing power of the consumer so its quantity demanded will increase.
The consumers will also prefer the cheaper good so the substitution effect will cause the quantity demanded to increase.
In case of an inferior good, however, income elasticity is negative. The income effect and substitution effect work in opposite directions.
A price decrease in the case of an inferior good will increase the real income and purchasing power of the consumer. This will cause the quantity demanded of the inferior good to decline as the consumer will prefer a substitute normal good.
Answer:
The answer is letter D.
Explanation:
It is reasonable to expect that the cyclical unemployment rate has been unaffected.
Answer:
B. Customer Equity
Explanation:
In its focus on bottom-line financial value, the customer equity approach offers limited guidance for go-to-market strategies and does not fully account for competitive moves. Customer equity can be defined as the total value of all the customers of any firm. It means any firm will have more customer equity if has large number of customers who make frequent purchases as well. Customer loyalty is directly proportional to the customer equity, more is the customer loyalty, the more will be the customer equity of any brand. Although it is very much important for any business but it does not tell about the go-to market strategies and competitive moves that what business you should be in and what business you could be in.
Answer:
e. Passive aggression
Explanation:
Passive aggressive behaviors can be defined as a type of behaviour which a person or an individual exhibit , which makes such person to express their negative feelings through their actions or by being indirectly aggressive instead of handling their feelings directly which is why a person or an individual with this type of behaviour often have resistance to requests by acting stubborn reason been that such person may feel angry or frustrated and act neutral, and then find an indirect ways to show how they really feel instead of communicating directly.
Secondly a person which PASSIVE AGGRESSIVE BEHAVIOUR will often posses this type of trait such as Trying to play the victim when issue arise, making excuses, blaming others for their action, hiding their anger, Trying to avoid direct communication just as in the case of Chad.
Therefore based on the information given about Chad,This is an example of PASSIVE AGGRESSION conflict style.
Answer:
19.07%
Explanation:
The computation of the total compound return over the 3 years is shown below:
= (1 + investment percentage earned in first year) × (1 + investment percentage earned in second year) × (1 + investment percentage loss in second year)
= (1 + 0.35) × (1 + 0.40) × (1 - 0.37)
= 1.35 × 1.40 × 0.63
= 1.1907
= 19.07%