Answer:
. A good whose demand decreases when income decreases
Explanation:
A normal good is a product whose demand increases as consumers' income increases. The demand may also increase as economic conditions in the country improve. Similarly, when income decrease, the demand also declines.
As people income increase, the purchasing power increase. They prefer more costly goods than give them more satisfaction. Increased income tends to make consumers abandon goods that offer less utility. Normal goods tend to be associated with customers in high-income.
Answer:
Please find the complete question in the attached file.
Explanation:
Rocky believed there would be a possibility of a July bonus for touring, i.e , from July 1-July 15 (10 days)-. Therefore no bonus can be calculated as / day trip \times 10 days = throughout this duration.
The expected 15-day revenues from 16th July – 31st July may well be calculated as Rocky calculated that it would get the bonus of the time. Estimates a
The main thing which superior performance allows a firm to do is:
- reinvest some of its profits in gaining more resources and thus grow.
<h3>What is Business Strategy?</h3>
This refers to the creation and maintenance of competitive advantage of a particular market against other competitors which gives a particular business an edge in the market.
With this n mind, we are told that successful business strategies generate value and then if they are able to leverage on this, then they can reinvest the profits.
Read more about business strategies here:
brainly.com/question/25686320
Answer: attached to other houses in a long row in a building that is owned by a landlord housing owned by shareholders.
An apartment is a row of houses with one common entrance and a hallway. It belongs to one building wherein the rows of apartment are attached and is managed by landlords.
<span>According to the heckscher-ohlin theorem, trade arises are due to </span><span> Differences in relative factor endowments and intensities.
</span><span> Differences in relative factor endowments and intensities will create a different in prices between one nation and another. This difference will create a leverage for each nation to trade with one another in order to use their resource more efficiently.</span>