Answer:
The correct answer is C. when income increases, demand for a normal good increases while demand for an inferior good falls.
Explanation:
The normal good is that whose quantity demanded for each of the prices increases when the rent increases. A lower good is one whose quantity demanded decreases when income increases. The inferior goods are usually those for which there are higher quality alternatives. When it comes to a normal good, increasing the income of the consumer increases the quantity demanded at each price. Causing a shift in demand to the right.
Answer:
A. True
Explanation:
Yes! it is very true statement because due to negative views of the people against the advertising industry.
This was the reason due to which the advertising industry come up to add more tools in there advertisement through social media some of the time or through mobile phones some of the time or through the digital contents some of the time.
Answer:
B. Width
Explanation:
Proctor and Gamble organizes it vast product offering into five different product lines; hair products, oral care, soaps and detergents, baby care, and personal care. This means that the product mix width is five.
The width or breadth of a company's product line has to do with how many product lines existing in the company.
In the case of Proctor and Gamble, the scenario states that its vast product offerings are largely classified into five different product lines, referring to its width of its product mix.
Proctor and Gamble has a product mix breadth of five, due to the five different product lines it carries: hair products, oral care, soaps and detergents, baby care, and personal care (option c).
In marketing terms, the breadth (also known as width) of a product mix refers to the number of different product lines a company carries. Here, Proctor and Gamble carries five product lines: hair products, oral care, soaps and detergents, baby care, and personal care. Thus, the product mix breadth of Proctor and Gamble is indeed five.
This is an important aspect of Proctor and Gamble's marketing strategy because it helps the company to diversify, reach different markets and potentially boost overall sales.
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Answer: The unobservable market force that helps the demand and supply of goods in a free market to reach equilibrium automatically is the invisible hand.
Description: The phrase invisible hand was introduced by Adam Smith in his book 'The Wealth of Nations'. He assumed that an economy can work well in a free market scenario where everyone will work for his/her own interest.
He explained that an economy will comparatively work and function well if the government will leave people alone to buy and sell freely among themselves. He suggested that if people were allowed to trade freely, self interested traders present in the market would compete with each other, leading markets towards the positive output with the help of an invisible hand.
In a free market scenario where there are no regulations or restrictions imposed by the government, if someone charges less, the customer will buy from him. Therefore, you have to lower your price or offer something better than your competitor. Whenever enough people demand something, it will be supplied by the market and everyone will be happy. The seller end up getting the price and the buyer will get better goods at the desired price.
Credit card companies offer easy access to cash through ATM’s or checks that can be written to yourself and cashed.
b.
Credit card companies apply payments to cash advance balances first because the interest is higher.
c.
The APR of a cash advance is higher than that of regular credit card purchases.
d.
Credit card companies place limits on the amount of cash you can receive through a cash advance.
The false statement about credit card advances is that: The APR of a cash advance is higher than that of regular credit card purchases.
This is a term that is used to describe the withdrawal of money from your own credit card.
A person would do it as a way of borrowing money against their credit card so that they would have money at hand.
Read more on credit card here: brainly.com/question/6872962
Answer: C
Explanation:
I said so
B: TransUnion
C: Experian
D: Federal Reserve
The Federal Reserve is not a credit reporting agency. This also implies the correct answer is D.
The Federal Reserve is the America central bank while a credit reporting agency refers to a business that keeps individuals or businesses credit information. The top credit reporting agencies include Equifax, Transunion, and Experian
Federal Reserve is considered the most powerful sector in the US; it is a major player in controls of the world money.
The Federal Reserve is comprised of two components, which include
The functions performed by the board of governors include
The federal open market committee performs the following functions:
In General, the Federal Reserve System has some core functions and these include:
However, some of the functions of credit reporting agencies include:
The three largest credit reporting agencies include
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