Answer:
Explanation:
check the file attached for full explanation
Answer:
1
It's because limited powers of government ensures that there is no misuse of power for profit making business because it will not help them achieve economic goals and community property distributes the equal shares among workers and economic freedom provides the company to have freedom to expand its community business so that profit making businesses can stop
Most people are very willing to help out others with job leads and advice, because at one point, someone helped them with job leads and advice as well. The statement presented is True. In the real-job world, give-and-take is very important. It is believed that what you give and help, it will soon goes back to you in a different way.
Both the Basic and Moderate policy will cover the full cost for the total damage to the car as the 2 coverage limit is more than the loss payable.
<h3>What is coverage limit?</h3>
The coverage limit means the maximum amount that a policy can pay for a loss that occurred in relation to the vehicle insured,
<u>Data given</u>
Total loss amount = $1,500
Basic coverage limit = $15,000
Moderate coverage limit = $25,000
In conclusion, the Basic and Moderate policy will cover the full cost for the total damage to the car as the 2 coverage limit is more than the loss payable.
Read more about coverage limit
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Answer:
Elasticity is 1.0
Explanation:
Price elasticity is a measure of the responsiveness of quantity demanded to changes in prices.
When the ratio of change in quantity to change in price is one, it is unit elastic.
So if price of movie tickets reduce by 5 units the quantity will increase by 5 units.
This will result in same amount of revenue at all prices.
The demand is perfectly elastic.