Answer:
it is type and price range.
Answer:
Utilitarianism.
Explanation:
Utilitarianism is extraordinary compared to other known and most compelling moral theories. Like different types of consequentialism, its center thought is that whether activities are morally right or wrong relies upon their belongings. All the more explicitly, the main impacts of activities that are important are the great and terrible outcomes that they produce.
Answer:
So unit elastic at q = 5
inelastic above 5
and elastic below 5
Explanation:
The elasticity is determianted by the marginal revenue.
Our first goal is to find the marginal revenue function
p = 40 - 4q
total revenue(TR) = quantity times price
q x (40 - 4q) = -4q^2 +40q
marginal revenue TR(q)/d(q) = -8q + 40
Now, with this fuction the economic analisys states that a demand is unit elastic when marginal revenue is zero.
It will be inelastic below zero and elastic above zero
MR will be zero when q = 5
-8(5) + 40 = 0
As quantity increases the demand will be inelastic
while
Money serves as a good store of value except when an economy experiences a period of INFLATION.
