Ethics is more on culture and religion and morals is living on a moral code. they both link to daily living
Answer:
Necessity Goods : Income Inelastic (< 1)
Luxury Goods : Income Elasticity ( > 1)
Explanation:
Elasticity is responsiveness of demand change to price change . Formula : - % change in demand / % change income
Normal goods have positive income elasticity, i.e. demand increase with income rise & decrease with income rise .
Necessity good's demand responds less to income change & is income inelastic ( < 1 ), % change in demand < % change in price .
Eg : Medicines
Luxury good's demand is more responsive to income change & is income elastic ( > 1) , % change in demand > % change in price .
Eg : Luxury Cars
Answer:
American Samoa, Guam, the Northern Mariana Islands, Puerto Rico, and the U.S. Virgin Islands.
Explanation:
google
Answer:
a.True
Explanation:
The Answer is TRUE.
Brain goes to the church and discuss his troubles priest but he is not Catholic dogma believer. According to Brain, the church represents a place of friendship networks as well as interpersonal relationships. So for him the church is a belonging system. He considers himself to be member of the church and comes to the church to be a part of it and participate with his friends.
Thus the correct option is (A).
