Income elasticity of demand measures the receptiveness of the quantity demanded for a good or service to a change in income.
It's calculated as the ratio of the percentage change in quantity demanded to the percentage change in income.
Explanation:
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Options:
A. Operational
B. Tactical
C. Static
D. Strategic
D. Growth
Answer:D. Growth
Explanation:Growth plans are Activities put in place to enhance that an organisation attains its growth Objectives.
A Growth plan identifies potential opportunities for growth and makes the required resources available in irder to sponsor the potential opportunities.
A growth plan contains business elements which can help the a business Organisation identify the value of customers and how to meet the needs of the customers which will help to enhance the growth of the business through increased revenue.
The term is used to describe the method that allows copy link to access many different databases of law enforcement agencies with varying data fields is a multi-dimensional approach Option A
This is further explained below.
<h3>What is
a multi-dimensional approach?</h3>
Generally, Because we are utilizing an appropriate and specialized way to access the data basis of law enforcement under multiple data fields, we are able to state that the described method operates under the term known as a multi-dimensional approach.
This is an approach in which the database is accessed and analyzed via numerous dimensions, or we can call data to feel categories, in order to produce appropriate results and more efficient functioning.
In summary, we may reach the following conclusion after reviewing the information presented above: the choice that was picked is the optimal response to the inquiry that was posed.
The question that was presented before has been addressed and clarified; if you have any other questions, please leave them in the comments area below.
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First option.
Indeed, some people may benefit by paying the artificial price, but not all as other people may not be able to satisffy all their demand as a price ceiling will also effectively create a shortage due to the low prices disincentivizing producers.