Answer:
A. Financial planning. : A strategy to save for financial goals.
B. Rational choice. : A decision-making method that compares costs and benefits.
C. Risk aversion.: Reluctance for taking chances.
D. Utility. : Personal satisfaction gained from consumption.
Explanation:
the CD
the tech stock
the mutual fund
the index fund
Answer and explanation:
When managing a restaurant it is important to keep certain safety guidelines to ensure the employees' well-being. Installing smoke detectors, making sure the cooking area is clean and out of plagues, giving employees special uniforms to ensure hygiene and prevent burns, and keeping a first-aid kit in front of mild emergencies are some practices managers should promote.
b. An increase in the price of a good will lead to a decrease in consumer demand, and a decrease in the price of a good will lead to an increase in consumer demand.
c. An increase in supply of a good will lead to a decrease in demand for that good.
d. An increase in income will lead to a decrease in demand, and a decrease in income will lead to an increase in demand.
The Law of Demand dictates that there is an inverse relationship between the price of a good or service and consumer demand. As price increases, demand typically decreases and vice versa.
The Law of Demand is a principle in economics that states that as the price of a good or service increases, the quantity demanded decreases, assuming all else is equal. Conversely, as the price of a good or service decreases, the quantity demanded increases. Therefore, the correct response to your question would be option B: 'An increase in the price of a good will lead to a decrease in consumer demand, and a decrease in the price of a good will lead to an increase in consumer demand.'
As an example, if the price of a candy bar increases significantly, customers might choose to purchase fewer candy bars or possibly buy other types of candy instead. Conversely, if the price decreased, customers were likely to buy more candy bars, all else being equal.
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