Miles graduates from college and his his income increases by ​$ 35 comma 000 35,000 a year. Nothing else changes. Miles Miles decreases the quantity of hot dogs hot dogs and pretzels pretzels that he he buys and increases the quantity of gourmet ice cream gourmet ice cream that he he buys.

Answer:

hot dogs and pretzels are inferior goods

Explanation:

From the question, We are informed about Miles who graduated from college and his his income increases by ​$ 35000 a year. Nothing else changes. Miles Miles decreases the quantity of hot dogs and pretzels that he buys and increases the quantity of gourmet ice cream that he he buys. For Miles, hot dogs and pretzels are inferior goods. In economics, inferior good can be regarded as goods that have a fall in demand whenever there is increase in consumer income, i.e increase in consumer income will bring decrease to such goods, which is opposite to normal goods.

Answer:

Miles graduates from college and his his income increases by ​$35,000 a year. Nothing else changes. Miles decreases the quantity of hot dogs hot dogs and pretzels that he buys and increases the quantity of gourmet ice cream that he buys.

For Miles, gourmet ice cream is a normal good

Explanation:

A normal good is a good for which demand increases when income increases and demand decreases when income decreases.

An inferior good is a good for which demand decreases when income increases and demand increases when income decreases.

Many weight-loss programs advertise that they can help individuals lose a great deal of weight without any changes in the individual's lifestyle. Typically when the person who has lost the weight leaves the program, he or she regains all the lost weight. This yo-yoing is almost as bad for the body as the excess weight. These weight-loss programs are engaged in _____ behavior.


a.legal and irresponsible


b.legal and responsible


c.illegal but responsible


d.legal but irresponsible

3. Considered the back office", Involves behind the scenes paperwork
required to complete all transactions. Found in both the service and the
manufacturing sector *

2. A business installs a free chilled water drinking machine
for staff. This is an example of: (1)
A
B
С
D
a non-financial method of motivation
a promotional method
an improvement to customer service
organic growth

Sid Maxwell is the head of legal affairs at Hudson Inc., an American toy manufacturer. A. Hudson's signature toy, the Witty Parakeet, includes an embedded software program that allows the bird to interact with children. B. Hudson is currently planning to expand its market in Asia but Sid is concerned about reports of software piracy in the region.