Answer:
statue and dock would be a public good. the drone would be a private good
Explanation:
Answer:
financial advisor
Explanation:
I belilve its the right answer
Answer:
0.34,
Explanation:
% change in qty = { (90-70) / [(90+70)/2} *100 = 25%
% chnage in price = { (7-15) / [(7+15)/2} *100 = -72.73%
PRICE ELA OF DEMAND = CHANGE IN QTY/ CHANGE IN PRICE
PRICE ELA OF DEMAND = 25/72.73 = 0.343
an increase in price from $7.00 to $15.00 results in an increase in total revenue.
Answer:
pay a premium price for a successful company or buy a struggling company at a bargain price
Explanation:
Here the biggest confusion with respect to the firm i.e. acquisition minded faces that whether they have to a pay a premium price for becoming a successful company or still have to struggle for purchasing a company at a bargaining price
So according to the given situation, the last option would be correct
Economic growth, as measured by GDP, is driven by two components: population growth and labor productivity. Labor productivity reflects the capacity for increased output from the existing quantity of labor in the economy. Various government agencies and independent analysts produce measures of labor productivity.