Joan says that the expression
1 answer:
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Answer:
$80 billion
Step-by-step explanation:
From the graph, we have the following:
Required
Determine the difference in US and Denmark exports
The difference is calculated as thus:
This gives:
<em>Hence, the difference is $80 billion</em>
Answer:
The Video recorders are inferior goods.
Step-by-step explanation:
As
where;
The price of the recorders films are increasing by a term 1.07 which gives that the Price is increasing by a little. Also adding the Price of video recorder is increasing by a factor 2.1 and the Revenue or income is increasing by a term 5 (Which is high) so, revenue and price are increasing leaving the quality of the voice recorder decreasing by a large margin for maintaining the balance.
As
So, in conclusion the quality decreases and thus the video recorders are inferior goods.