The income elasticty of dmeand is negative for inferior goods. A. This means that you buy more inferior goods as your income increases. B. This means that you buy the same amount of inferior goods when your income increases, but more of everything else. C. This means that you buy fewer inferior goods when your income increase. D. This means that as your income changes you will not buy as many more of other goods as you do inferior goods because they are cheap so you can easily afford more as your income increases.

Which p shifts to consumer in the four cs of the alternate marketing mix? a) promotion b) product c) place d) price

Read the scenario. alfonso is 19 years old and has a high school diploma. recently, he was promoted to assistant manager at the fast-food restaurant where he has worked since the age of sixteen. his dream is to become the restaurant’s manager. what is his best option for achieving his dream? he should find another job and work his way up to a higher position. he should hope that his manager transfers to another location and that he is his replacement. he should attend classes at the local college to receive training in management. he should work hard, work longer hours, and remain assistant manager.

An increase in the market price of men's haircuts, from $16 per haircut to $26 per haircut, initially causes a local barbershop to have its employees work overtime to increase the number of daily haircuts provided from 20 to 25. when the $26 market price remains unchanged for several weeks and all other things remain equal as well, the barbershop hires additional employees and provides 40 haircuts per day. what is the short-run price elasticity of supply? nothing (your answer should have two decimal places.) what is the long-run price elasticity of supply? nothing (your answer should have two decimal places.)