1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
GuDViN [60]
4 years ago
9

When there is a decrease in the price of a goodthe demand curve will shift to the right.The elasticity of demand will determine

the degree to which quantity demanded falls.The elasticity of demand will determine the degree to which quantity demanded rises.The demand curve will shift to the left?
Business
1 answer:
Margarita [4]4 years ago
8 0

Answer: The elasticity of demand will determine the degree to which quantity demanded rises.

Explanation:

Acc. to the law of demand, demand for a normal good is negatively related to its price. When price of the good falls, quantity demanded rises.

Price elasticity of demand shows us the magnitude of change in quantity demanded to a change in the price of the good.

So, when price falls, elasticity will show us by the degree to which quantity demanded rises.

You might be interested in
The U.S. Dept. of Agriculture also regulates meat and poultry. Question 1 options: True False
Anarel [89]

Answer:

True

Explanation:

The USDA is the agency responsible for regulating (some) meat, poultry and egg products, however, the FDA regulates the majority of all food supply.

Products with more than 3 percent raw meat or more than 2 percent cooked meat are under the jurisdiction of the USDA.

5 0
3 years ago
Impart information and knowledge. A. Students learn on the job. They are given simple arrangements to complete at first and get
Eva8 [605]

Answer:

The answer is A)  to impart information and knowledge, Students learn on the job. They are given simple arrangements to complete at first and get more difficult assignments as they master the earlier ones. Develop analytical and problem-solving skills.

Explanation:

To Impart knowledge to a student which can effect a change in behavior, the introduction of a new information has to be reinforced with practice.

The best description that captures the process that imparts knowledge is when a students

Learns on the Job:

  • with simple arrangements to complete initially
  • additional complex and more difficult tasks
  • developing analytical and problem solving skills

7 0
3 years ago
How would an increase in the labor force affect the revenues collected by the federal government?
mafiozo [28]

Answer:

See explanation below for answer.

Explanation:

One way in which the federal government makes money is to impose a tax on the salaries and wages earned by workers. This tax is a particular percentage of the salaries and wages of workers, and it is collected by the government to be used for various purposes.

Therefore, if the labour force were to be increased, meaning an increase in the number of workers in the economy, this would lead to more people earning wages and salaries, thereby translating into more tax to be collected by the government.

Hence, an increase in the labour force has a positive effect on government revenue, because it will lead to an increase in revenue collected from taxes.

3 0
3 years ago
Why is the safety of principal the primary consideration in a savings plan?​
gulaghasi [49]

Answer:

In simple words, When it comes to conserving money, the most crucial factor to remember is the protection principle. When you save enough money beyond what you'll need for short-term objectives and emergencies, you'll have money to invest. Professionals advise saving one to two years' worth of account value in a contingency savings.

Thus, protecting principal is the core focus of the managers in savings plan.

3 0
3 years ago
Allyson Cooke is a union member and an employee of a company that manufactures surgical equipment. She believes she has a grieva
andriy [413]

Answer: national union president

Explanation:

Since she wasn't paid for overtime, Cooke should contact her national union president, who represents union members to management when workers have complaints.

The aim of the national union is to seek solution to any challenges that are faced by their members. The union also make sure that their members have a comfortable working environment that is safe and also help on negotiating for better pay.

7 0
3 years ago
Other questions:
  • Which of the following is true when the economy is at full employment?
    12·1 answer
  • At the beginning of this month, the balance of Cody's checking account was $125.26. So far this month, he has received a paychec
    14·2 answers
  • If a firm's projects differ in risk, then one way of handling this problem is to evaluate each project with the appropriate risk
    15·1 answer
  • An investment in improving the skill level of labor is considered an investment in
    12·2 answers
  • The equilibrium price of rental housing in City PQR is $1,000. If a price ceiling on rental housing is set at $800 in City PQR,
    8·1 answer
  • Maiko lost her job and she was forced to sell a rental property because she did not have other funds​ (liquid, emergency,​ etc)
    11·1 answer
  • The physical production possibilities frontier depicts the various combinations of output that society can produce given:_____.
    12·1 answer
  • Assume that a 4 percent decrease in income results in a 6 percent increase in the quantity demanded of a good. The income elasti
    5·2 answers
  • McoLawn Ltd manufactures a single product, an ecologically designed electronic lawn-mower, which they sell for £40. The variable
    14·1 answer
  • 3) The promotional tactics employed by Red Bull are evidence of ______________________________. a sales promotion b a push strat
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!