Answer: (D) Privatization
Explanation:
The privatization is one of the transferring process in which the various types management, industries and the enterprise are get transfer from the public to the private sectors.
In which the public sector is basically refers to the economical system that is executed by the various types of government agency.
The privatization process is basically help in increasing the growth and the economical efficiency in the system.
Therefore, Option (D) is correct.
Answer:
i think it's merger or majority interest
Answer:
I would say B
Explanation:
I think it is B because first of all why would you want to use someone else's review. Their review is irrelevant.
It isn't C because you aren't reviewing their review.
Also D just doesnt make sense mate
Under the market system, prices coordinate the decisions made by households and businesses.
<h3>What is a market system?</h3>
It should be noted that a market system simply means an economy whereby the individual makes choices in the market and decisions.
In this case, under the market system, prices coordinate the decisions made by households and businesses.
Learn more about market system on:
brainly.com/question/1659498
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Answer:
Demand is Inelastic
Jack : Substitution Effect dominates
Becky : Buy fewer hiking boots
Explanation:
Elasticity of Demand is responsive change in demand due to change in price. Demand is : Elastic - When proportionate change (% change) in demand > proportionate (% change) in price and Inelastic - When proportionate change (% change) in demand < proportionate change (% change) in price .
So, If price rise by 12% & demand decreases by 10% , Demand is Inelastic.
a. Substitution Effect is consumer's shift from dearer to cheaper goods & so, rise in demand of falling prices good , fall in demand of rising prices good . Jake buying lesser T shirts (relatively expensive) when price of Donuts fall (relatively cheaper) means Substitution Effect dominates for him.
b. Income Effect is price - demand inverse relationship, by change in real purchasing power due to price change. Price rise reduces real purchasing power, decreases demand & price fall increases real purchasing power, increases demand. Becky's paint brush price rise reduces her real purchasing power & she consumes less of both paintbrushes & hiking boots.
