What is inflation?
Monetary value of final goods and services produced within a country for a specific time period.
An example of a run on sentence is: I love to do gymnastics I would do it every single day if I could.
Answer:
Haagen-Dazs vanilla bean ice cream
Explanation:
Demand is said to be most elastic if a slight change in price leads to a drastic change in quantity demanded. Normal goods are least elastic as increase in price does not lead to tremendous decrease in price.
However, luxury goods are most elastic as these goods are preferred when their prices are lower. They are not essential. As such, demand falls drastically in case of rise in price. So, Haagen-Dazs ice cream would have most price elasticity as this is a luxury good and rest of the items are normal goods.
The answer is equity theory. This theory was developed by
John Stacey Adams. This theory states that <span>on telling whether the distribution of
resources is just to both interpersonal partners. Equity is
measured by equaling the ratio of contributions or costs and benefits or
rewards for each individual.</span>
