Answer: Price decreased by 12%
Explanation:
Price elasticity = %Change in quantity / % change in price
0.5 = 6% / % change in price
0.5 * % change in price = 6%
% change in price = 6%/0.5
% change in price = 12%
Answer:
private saving would rise and national saving falls
Explanation:
private saving is income - consumptiioon= Y-C
if consumption c falls, private saving is going ton rise
public saving is T-G
as G goes up, T-G which is public saving would reduce or fall.
Given that the fall in c is smaller than the rise in G, the rise in private saving would smaller than the fall in public saving.
national saving is change in private saving + change in public saving
given that change in private saving is less than that of public saving, national saving would be negative.
Answer:
Tortoise Bay Pharmaceuticals Inc.
The original memo sent by the president of the company is an example of
downward communication.
Explanation:
Whereas upward communication flows from the lower levels of an organization to higher ranks, with downward communication, information flows from one top level to a lower level in the organization's hierarchy. For example, the original memo sent by the CEO of Tortoise Bay Pharmaceuticals Inc. to his vice presidents is a downward communication. The memos that provide employees' feedback (an efficient communication feature) to the vice presidents and the CEO about the new procedures are examples of upward communication.
Answer:
D) choose
Explanation:
President Kennedy introduced 6 basic consumer rights:
- The right to be safe - consumers should not suffer injuries caused by the products they purchase.
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The right to choose freely - consumers have the right to choose freely among different options.
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The right to be heard - consumers have to right to voice their complaints and concerns about the products they purchase.
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The right to be informed- businesses must provide product information to their consumers.
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The right to education- consumers have the right to request information about the products they purchase.
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The right to service – consumers have the right to better services.
Answer:
To cover budget imbalances, governments borrow money
Explanation:
A government's national debt grows every time it borrows money.