The correct alternative is the letter D. Gallon of milk to use in a bowl of cereal, this being the product that is an example of a consumer good.
<h3 /><h3>What is a consumer good?</h3>
Corresponds to a product used by the final consumer, that is, individuals or families for the immediate satisfaction of a need, such as food, personal hygiene and cleaning products.
Therefore, an individual's income will always have a part destined for consumer goods, which are essential for their health and quality of life.
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I believe jack's withdrawal is permissable.
A limited partnership usually only created in order to do short-term projects and allow each partners to leave unless the agreement specifically foorbade them to do so. But, in most cases they're allowed as long as the leaving partner give the appropriate reimbursement to the remaining partner.
Answer:
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Answer:
1. 35%
2. 8%
Explanation:
1. Price elasticity of demand = % change in quantity demanded / % change in price
The price elasticity of demand for men is -3.50
when the prices are charged 10% for men then the quantity will be
-3.50 = x / 10 %
x = 35%
Percentage change in quantity demanded is 35% for men.
2. The price elasticity of demand for women is -0.80
when the prices are charged 10% for men then the quantity will be
-0.8 = x / 10 %
x = 8%
Percentage change in quantity demanded is 8% for women.