<span>A product structure does not reduce the duplication of the firm's functional resources. </span>
Answer:
The income effect and substitution effect work in opposite directions and income effect is dominant.
Explanation:
In case of a normal good, both the income effect as well as substitution effect work in the same direction. A fall in the price of a product will increase the purchasing power of the consumer so its quantity demanded will increase.
The consumers will also prefer the cheaper good so the substitution effect will cause the quantity demanded to increase.
In case of an inferior good, however, income elasticity is negative. The income effect and substitution effect work in opposite directions.
A price decrease in the case of an inferior good will increase the real income and purchasing power of the consumer. This will cause the quantity demanded of the inferior good to decline as the consumer will prefer a substitute normal good.
Answer:
Elastic ; greater than 1
Explanation:
We know that
Price elasticity of demand = (Percentage change in quantity demanded) ÷ (Percentage change in price) × 100
Since in the question it is given that the percentage change in quantity demanded is more than the percentage change in price that reflects that the price elasticity is elastic that means it is greater than one.
Answer: A - saver or as a supplier of funds
Explanation: From the above question, Monika is a saver because her income exceeds her expenses.
In this case she saves more on a regular basis because she controls her expenses and would not allow her expenses to be more than her income.
Going further, she is also a supplier of funds as her excess funds kept in the bank is a source of funds for the bank to loan out to generate interest.
Answer:
The correct answer is: The temperature of the water of the client's shower.
Explanation:
Vasodilation is the widening of blood vessels as a result of an increase in blood flow to tissues when they are needed in the organism. It can be provoked because of <em>alcohol abuse, too much exercise, </em>or <em>too warm temperatures</em> and typically have dizziness for symptoms.
Thus, <em>the home health nurse should regulate the patient's shower water temperature</em>.