Which phrase describes the income effect?the effect of demand and supply on income earned by producers

the impact of price on consumers’ purchasing ability and decisions

the increased income earned by suppliers because of high prices

the impact of consumers’ income on the supply of a product

Answers

Answer 1
Answer:

Answer:

B

Explanation: made a 100 on test


Related Questions

Capital budgeting is the process of: a. keeping track of all the revenues and expenses incurred by a firm during the year. b. determining how much capital a firm should raise. c. determining how much debt a firm should budget for in its capital structure. d. determining which capital investments a firm should make.
The revenue recognition principle dictates that revenue should be recognized in the accounting records:a. when cash is received b. in the period that income taxes are paid c. when it is earned. d. at the end of the month.
When Ramona, the keynote speaker at a major business leaders' conference, arrived in the middle of the night at the Ritz-Carlton, she was exhausted and her suit was wrinkled from her 10-hour plane trip. The night clerk found someone to dry clean Ramona's suit and have it ready for her morning presentation. She has been a loyal Ritz-Carlton customer ever since. In this example, Ritz-Carlton demonstrated the macro strategy of:________. A. promotional excellence. B. operational excellence. C. global excellence. D. customer excellence.
Suppose you to establish a business.describe how you would use any five entrepreneurial qualities to make sure that your business is a success?
A lender may view a large down payment from a borrower to be aA. reason to increase interest rates B. reduction of risk C. shady business transaction D. signal of future default

What did arthur st. clair try to do through a series of treaties with native americans?

Answers

George Washington sent General Arthur St. Clair to stop the fighting and restore order, but he and his forces were defeated by Miami Chief Little Turtle. I hope my answer has come to your help. God bless and have a nice day ahead! Feel free to ask more questions.

In one or more complete sentences, explain the details and requirements to obtain a driver license.

Answers

You have to be a least 16, have your parents or guardians permission first (unless you're 18 or older), and you also have to have a driving permit before you can get your driver license. And you also might need your birth certificate and other documents of the like. Hope I helped. 

Peruse the book, "How to Win Friends and Influence People". You will find a PDF copy of the book in this module.Find one principle that you consider to be valuable to business and write a one page summary of that principle.
In your one page summary you will address the following:
1. The principle that you are referring to and where in the book it can be located.
2. Why Dale Carnegie considers this principle to be important
3. Explain how this principle can be used to make you or your business plan better.

Answers

Don't judge, condemn, or complain is the guiding philosophy. It teaches us to be nice and considerate when taking into account other people's sentiments, according to Dale Carnegie. Respect must be earned by acting with it.

Why is it crucial to avoid complaining and improve company plans?

A nicer and more upbeat atmosphere is produced when whining is avoided. As a result, everyone experiences a small increase in happiness each day of their lives and is less likely to feel the need or temptation to broach a sensitive subject.

How to Win Friends and Influence People discussion questions for book clubs?

Who of your pals has good listening skills? Who do you know who is always grinning? How do these people make you feel about yourself, your life, as well as your engagement with them? How do you recollect names of people?

To know more about book how to influence people visit:

brainly.com/question/30455724

#SPJ1

The matching concept states that expenses incurred to produce particular revenues should be matched with those revenues.True
False

Answers

False. The revenues usually contemplate the profit added to the expenses or costs, therefore, they can't match.

How do you make profit when you open a business

Answers

The fundamental way to earn profit is that the money you get
for selling your product has to be MORE THAN the cost of

   manufacturing the product
+ paying your employees
+ paying the taxes on your business
+ keeping your machinery maintained and working
+ advertising
+ paying yourself
+
+
+
etc.

BUT ...  If the price of your product is too high, then everybody will buy them
from your competitor instead of from you, and you won't sell any at all.

It's a delicate balance.

40 years ago, I asked a wise sage with whom I traveled and worked:  Advise me
on how to acquire great riches in an honest business.  He gave me the Secret,
and now I give it to you:

He said:
                 "Invent something which nobody has and everybody wants,
                     which can be made for peanuts and sold for a fortune."
Advertisements, signs, making offers, 

Give an example of a business operating in a monopolistic market in South Africa

Answers

Answer:

Diamond sales by De Beers's Central Selling Organisation (CSO) and SA Breweries' (SAB) production of beer.

Explanation:

That is one I honestly think.

:D HOPE THAT HELPS, GOODLUCK!