KC
Keely Crimando
Answers (2)
KC
Answered
How does an increase in income affect the market for bus rides (inferior good) ?
A) The demand curve for bus rides to shift to the right
B) The demand curve for bus rides to shift to the left
C) The supply curve for bus rides to shift to the right
D) The supply curve for bus rides to shift to the left
A) The demand curve for bus rides to shift to the right
B) The demand curve for bus rides to shift to the left
C) The supply curve for bus rides to shift to the right
D) The supply curve for bus rides to shift to the left
On Sep 26, 2024
B
KC
Answered
Explain the concept of the present value of an annuity.
On Sep 22, 2024
The present value of an annuity is the amount that can be invested now at the specified interest rate to yield a future series of equal periodic payments.