The ratio of the percentage
change in the quantity demanded of a good to a percentage change in its price
refers to the price elasticity of demand.
<span>To add, price elasticity of demand (PED or Ed) is a measure used
in economics to show the responsiveness, or elasticity, of the quantity
demanded of a good or service to a change in its price, ceteris paribus.</span>
The statement that ten percent of your grade for this assignment is based on your explanation of two basic principles of communication
is false because the answer is based on the grading rubric
of the week one assignment that was given.
Answer:
a)A foreign subsidiary with current assets in excess of current liabilities will cause a translation gain (loss) if the local currency appreciates (depreciates).
Explanation: