Answer:
a. 0.3
Explanation:
Elasticity of demand measures the responsiveness of quantity demanded to changes in price.
Demand is inelastic if a change in price has little or no effect on quantity demanded.
If price is increased, the quantity demanded doesn't change and total revenue increases.
The coefficient of elasticity for inelastic demand is usually less than one.
Demand is elastic if a small change in price leads to a greater change in quantity demanded. The coefficient of elasticity for elastic demand is usually greater than 1. If price is increased, the quantity demanded falls and total revenue falls.
Demand in unitary elastic if a change in price has the same proportional effect on quantity demanded. The coefficient of elasticity for unitary demand is 1.
I hope my answer helps you
The correct answer is true. It is because if the contract
term is likely ambiguous, the court will likely consider this as an extrinsic
evidence or that the ambiguity is likely to be interpreted against the party
who is responsible for drafting the term.
Companies are divided into one or more categories based on their general objectives; capitalization and structure (also location).
<h3>
What do corporation do?</h3>
A corporation is a type of legal entity with the power to hold property, sign contracts, and bring and receive legal actions. It is a group of people who collaborate to make a profit on their investment, comprising labour and monetary suppliers.
<h3>
Who or what owns a corporation?</h3>
A corporation's owners are its shareholders, usually referred to as stockholders, who acquire an interest in the company by acquiring shares of stock. A board of directors is chosen by shareholders, and they are in charge of running the business.
Learn more about stockholders: brainly.com/question/28017828
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Answer:
The correct answer is option A.
Explanation:
A production possibility curve shows the different bundles of maximum possible two goods that can be produced using the given resources. The production possibility curve is concave to the origin.
This shape of the curve is because of opportunity cost. We know that to increase the production of one commodity we need to sacrifice production of its alternative.
The resources can not be perfectly substituted and the opportunity cost goes on increasing with the increase in output, that's why the production possibility curve is bowed out or concave to the origin.
