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2 years ago

11

Calculate income elasticity of demand, if income increases from Br.10, 000 to Br. 20,000 and if income increases from Br.40, 000

to Br. 50,000. quantity of demand is 50 to 60 units / month ?

1 answer:

blagie [28]2 years ago

7 0

Answer:

Answer in pic

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On December 2, Year 1, Flint Corp.'s board of directors voted to discontinue operations of its frozen food division and to sell

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Answer:

The amount of gain that Flint should recognize in its income statement for year 2 is $60,000,option A.

Explanation:

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Describe the basic rights of common stockholders. What are the key differences between common and preferred stock?

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Answer:

Some rights of common stockholders are given below.

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What are 3 ways that the brain learns

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<h2> $\boxed{Explained\:Answer}$ </h2>

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Aliun [14]

Economic systems differ from one another based on who owns the factors of production and. <u>Who make decisions regarding what to produce and how it is produced</u>

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<h3>What is Economic systems?</h3>

An economic system is a mechanism by which societies or governments manage and distribute public resources, services, and goods across a geographic region or nation. Economic systems control the factors of display, including land, capital, labor, and material resources.

<h3>What is represented by economic system?</h3>

An economic system is a means with the help of which the government plans and issues accessible services, resources, and things across the country. Economic systems manage aspects of production, combining wealth, labour, physical resources, and industry people.

To learn more about economic system, refer

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Complete Question is,

A. How much resources are available in the economy and where they are located

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C. What kinds of products are produced in the economy and how plentiful they are

D. How big the population is, and the makeup of the population

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2 years ago