Answer:
A
Explanation:
The econimac situatiom will detertoarte further.
Jan pays $70 each month for her auto insurance policy. This regular payment is called PREMIUM.
Premium is the payment made by the insured party to the insurer. It primary pays the insurer for bearing the risk of payout in the event that the insurance agreement coverage is needed. Premium payment may be monthly, quarterly, semi-annually, or annually.
Answer:
C increase the money supply in the economy
Explanation:
apex
Answer:
b. greater in the beef market than in the milk market.
Explanation:
Elasticity of demand measures the responsiveness of quantity demanded to changes in price.
Demand is elastic if quantity demanded is more sensitive to changes in price. A small change in price leads to a greater change in quantity demanded.
Demand is inelastic if when price changes, there is little or no change in quantity demanded.
If there's bovine fever which decreases the population of beef cattle by 50 percent, supply would fall and price would rise. As a result of the rise in price, quantity demanded of beef would fall more than the quantity demanded of milk because beef has an elastic demand while milk has an inelastic demand.
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According to the regulation of privileges and immunities between states, a citizen of Texas buys a product while visiting a store in California and Pays the California sales tax.
Definition: A product is an item offered for sale. Products are services or items. It can be in physical or virtual or cyber forms. All products are made at a price and sold at a price. The price charged varies by market, quality, marketing, and target segment.
A product is an item or service sold to satisfy a customer's needs or desires. they are physical or virtual. Physical products include durable goods (such as cars, furniture, and computers) and consumables (such as food and beverages).
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