Answer:
The appropriate response is "Pure competition".
Explanation:
- Pure competition seems to be an economically efficient circumstance where there is already a massive quantity of international customers and retailers as well as the manufacturer would be ready for deployment.
- Even though both a significant quantity of products as well as extremely similar or defined consumer items seem to be characteristics of pure competition.
Yes. The U.S. tax system has a built-in stabilizers.
These built-in stabilizers are called automatic stabilizers. Automatic stabilizers are defined as the features of tax and transfer system that lends stability of the economy without direct intervention from the policy makers.
These stabilizers tempers the economy when it overheats and provides economic stimulus when it slumps.
When: Automatic Stabilizers:
Incomes are high <span>tax liabilities rise and eligibility for government benefits falls
Incomes are low </span><span>tax liabilities drop and more families become eligible for government transfer programs (food stamps, unemployment insurance)</span>
<span>A.
constructive direction.</span>
The demand for ben & jerry's ice cream will likely be more price elastic than the demand for dessert.
<h3>What is the elasticity of Demand?</h3>
When all other conditions are equal, the elasticity of demand is a concept in economics that quantifies how responsive consumers are to shifts in the quantity desired as a result of a price adjustment. In other words, it demonstrates the number of things consumers are willing to buy as the cost of those products rises or falls.
By dividing the percentage change in quantity by the percentage change in price during a specific period, the elasticity of the demand formula is computed. It appears as follows:
Elasticity is defined as % change in quantity / % change in price.
The quantity demanded as a result of a percentage change in a product's price is hence the measure of demand elasticity. Demand can be elastic or inelastic depending on whether products' demand is more responsive to price fluctuations. When a product's demand is flexible, the desired quality is extremely responsive to price variations. When a product's demand is rigid, the desired quality does not adapt well to price variations.
Therefore, The demand for ben & jerry's ice cream will likely be more elastic than the demand for dessert.
For more information on the elasticity of demand, refer to the following link:
brainly.com/question/23301086
#SPJ4
Answer:
D. Limited partner
Explanation:
Limited partner -
It is one of the owner of a company or organization , where the liability of the firm's debt is not allowed to raise than the other investor of the company .
Limited partner is also known as silent partners .
The limited partner has very restricted voting rights on the business of the company , and even is not involved in the day - to - day activity of the business .
The role of the limited partner is to invests some amount of money for exchange of the shares in a partnership .
Hence , from the information of the question ,
Travis is a Limited partner in the given partnership .
