<u>Question 1</u>
The correct answer is: "FALSE".
The total revenue earned by a firm is computed using the formula:
R= price * quantity
According to the formula, if the term "price" increases, R would increase too. But an increase in price usually decreases the amount demanded by consumers of a certain product. Therefore, if quantity demanded drops in a higher proportion than the increase in price, the final total revenue would decrease. So the final effect depends on the size of the two variations.
<u>Question 2</u>
<u>The determinants of demand are the following:</u>
- Price: inversely related to the quantity demanded, as the larger the price the smaller the amount demanded of a product.
- Income of consumers: directly related. The larger the income earned by an economic agent, the larger the amount demanded of a normal good (there are exceptions, such as inferior goods, for which income and demand are inversely related).
- Prices of related goods of services. If two goods are substitutes, the increase on the price of one, decreases the amount demanded of that product but increases the amount demanded of the other product. It two goods are complements, the increase in the price of one good decreases the amount demanded of it, and the amount demanded of the other product too.
- Tastes or preferences of consumers. If a product is in line with the general preferences of consumers the amount demanded will be large.
- Market expectations. For example, if a price is expected to rise, consumers might prefer to buy now and therefore demand increases at the moment.
Answer:
Ryotwari system
They had ownership rights, could sell, mortgage or gift the land. The taxes were directly collected by the government from the peasants. The rates were 50% in dryland and 60% in the wetland. The rates were high and unlike the Permanent System, they were open to being increased.
Answer:
Planning
Explanation:
Inside the planning process the group have all the information required to evaluate the feasibility of the project, in this order of ideas, they have to establish may be the balanced scored card or score model, the objectives(What), the responsible(Who) the strategy(How), the justifying(Why), the live time of the project(When) , and to calculate through Internal Rate of return and net present value if the project is profitable, all of those elements describe the scenario of the planning.
Answer: The end of the Axon.
Explanation:
The neuron is the cell responsible for transmitting information in the brain. The neuron can be divided into three main parts;<em> the cell body, the dendrites, and the axon.
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The axon<em> </em><em>is a long extension that leaves the cell body and conducts the information to another neuron through the release of neurotransmitters from the synaptic vesicles located at the end of the axon.
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A neurotransmitter is a biological molecule that carries information from one neuron to another. When the neurotransmitter is released from the synaptic vesicle, it is absorbed by the dendrites of another neuron, and thus the information is propagated between neurons.
<em>I hope this information can help you.</em>
