Answer:
A) increase, and total consumer spending on beef will decrease.
Explanation:
A decrease in the population of dairy cows and beef cattle, will result in a leftward shift of the supply curves for both milk and beef. A leftward shift will result in an increase in price at every quantity demanded.
Since the demand for milk is inelastic, a steep increase in price will result in a smaller decrease in quantity demanded. Since the demand for beef is elastic, a steep increase in price will result in a larger decrease in quantity demanded.
Since the demand for milk is inelastic, an increase in price will result in an increase in total spending. On the other hand, since demand for beef is elastic, an increase in price will result in a decrease in total spending.
Answer:
Ethiopia = $146; Costa Rica = $2,250
Explanation:
The GDP per person, also known as GDP per capita is a very simple formula:
GDP Per Capita = Country's GDP / Country's Population
A) Ethiopia GDP Per Capita = $8,000,000,000 / 55,000,000
= $146
B) Costa Rica GDP Per Capita = $9,000,000,000 / 4,000,000
= $2,250
Answer:
They should make sure it's not like someone else's?
Explanation:
i don't know what you mean by this.
This partnership is <span> valid because corporations can be a partner in a partnership
According to united states rules, corporation could be a general partner within a partnership. IF this happens, the corporation will legally be treated as a 'single person' which has similar rights and responsibilities like other partners ( </span><span>William, irene, jason, and barbara, )</span>
