From the information given, the price of widgets is price elastic. This is because a reduction in price translated to change in revenue.
<h3>What is the explanation for the above?</h3>
Note that
Price of widgets= $8
Recall that
Total revenue = P*Q; thus
= 8*12
= $96
Where price is $7;
Therefore,
Total revenue(TR) is derived as;
= 7 x 16
= $112
Hence, the fall in price led to a rise in TR. This means that the demand is price elastic.
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Answer:
d. social loafing.
Explanation:
Social loafing refers to an occurrence when individuals tend to made less effort in group setting compared to when they work individually.
This will explain Maya's situation.
Maya has tendency to give lesser effort is caused by the perception that her lack of performance will be aided by other members of the group who will give higher performance. This will make her lack of performance become hard to notice.
Answer:
shared ancestral character
Explanation:
It is evident from the fossils that were discovered by the scientist and biologist that some of the dinosaurs have feathers and wings. Birds also have feathers and wings.
So it is believed that birds have descended from those feathered dinosaurs.
And it is proved that these feathers are a shared ancestral character descended from the dinosaurs.
Shared ancestral character are those character that is ancestral or similar to a specific species like feathers.
Thus the answer is shared ancestral character.
Answer:
By conceiving things apart from their actual presence has helped Helen to gain entrance to social life. C. is the correct option.
Explanation:
The correct answer is All play centers should be blended together within close proximity to one another
Explanation: