Answer:
0.54
Explanation:
Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.
Price elasticity of demand = midpoint change in quantity demanded / midpoint change in price
Midpoint change in quantity demanded = change in quantity demanded / average of both demands
change in quantity demanded = 100 - 95 = 5
average of both demands = (100 + 95) / 2 = 97.5
Midpoint change in quantity demanded = 5 / 97.5 = 0.051282
midpoint change in price = change in price / average of both price
change in price = $11 - $10 = 1
average of both price = ($11 + $10) / 2 = 10.5
midpoint change in price = 1 / 10.5 = 0.095238
Price elasticity of demand = 0.051282 / 0.095238 = 0.54
Answer:
Keynesian economics argues for the use of active government policy to stabilize the economy.
Explanation:
In order to alleviate or avert economic recessions, Keynesian economics places a strong emphasis on the employment of proactive government policy to control aggregate demand. Keynes contended that lengthy periods of high unemployment might result from a lack of general demand. Consumption, investment, government purchases, and net exports are the aggregate of four factors that determine an economy's amount of goods and services.
Answer:
The survey conducted by the Bureau of Labor Statistics today will count Bonnie as not in the labor force .
Explanation:
" not in the labor force " -
The people who are not employed and even are not unemployed are called the " not in the labor force " .
The people who are present in this category are the -
- The people taking care of children ,
- people who are not working but searching for job ,
All of them fall in this category .
Hence , according to the survey , Bonnie is under the category of " not in the labor force " .
He can make a motion for <span>a judgment not withstanding the verdict.
This motion can be use to render the decisions made by the jury during the trial. This require the judge to withstand the decision notwithstanding the jury findings and give enough time for the attorney and the team to plan the next move for baker.</span>
The purpose of a budget it to help you achieve your short-term and life-span goals
