Answer:
The income elasticity of demand for dog biscuits is Option D: positive, and dog biscuits are a normal good.
Explanation:
'Income elasticity of demand' refers to the reaction of the demand in quantity for a good or service to that of change in income.
'Normal goods' are the goods that are related positively with income whereas 'inferior goods' are those goods which are related negatively with income. As the income increases, there is a rise in demand for the dog biscuits. This means the dog biscuits are normal goods. Income elasticity for demand is positive for Danita as it is because of the rise in income. Hence, Option D is the most appropriate.
I'd assume loans or credit debt.
Answer:
Acrophobia
Explanation:
Acrophobia sometimes develops in response to a traumatic experience involving heights, such as: falling from a high place. watching someone else fall from a high place. having a panic attack or other negative experience while in a high place.
Answer:
manage the business by finding new customers and investors
Explanation:
Out of the available options, this one would be the best possible answer. But in my opinion it is not the best answer. The entrepreneur is responsible for developing a product or service that can be sold to as many customers as possible. Without the main product or service, the entrepreneur has nothing. After he/she has developed or created his product or service, then the entrepreneur must go out and find customers and investors.
For e.g. Mark Zuckerberg had to develop FB before finding investors or even having any people use it. The same applies to all time genius Steve Jobs who needed to finish the Apple 1 before it could be sold.
After the product or service is ready probably comes the hardest part which is to get enough money to get your project running and get people to use it.
All the other options are important parts of owning a business, e.g. arriving early in the morning (develops a proper work culture) or training employees, but they are not the primary responsibility.
