Answer:
Laura loves mango, Kim loves banana and Jim loves banana
Step-by-step explanation:
If every child loves to eat two things then we can tell what those are even if it doesn't tell us right away. Like Laura, it says she likes Apples but not Bananas. If she has to like two things but it can't be Bananas it must be something else, and the only other thing s Mangos, so Laura likes Mangos.
Jon loves Mangos and Bananas, so that's both, which means he doesn't love apples.
Kim loves Mango but not Apple, so she has to love something else, and the only thing left is Banana.
Jim doesn't love Mango so he has to Love Apple since he also loves banana.
Let me know if something didn't make sense.
Answer:
<h2>
y = 3x - 16</h2>
Step-by-step explanation:
Equation of line with a given slope of a and containing a given point (x₀, y₀):
y - y₀ = a(x - x₀)
a = 3, x₀ = 5, y₀ = -1
So:
y - (-1) = 3(x - 5)
y = 3x - 15 - 1
<u>y = 3x - 16</u>
You plot 13/8 on 1 and 5/8
You plot 20/8 on 2 and 4/8 also known as 1/2
The uploaded question does not contain the options. The full question with the options is shown below.
Joe receives a 20 percent increase in his income from his part time job and as a consequence decreases his consumption of Ramen noodles by 10 percent. Hence to Joe, Ramen noodles are
A) a normal good with a price elasticity of demand of 0.5.
B) a substitute good with a cross elasticity of 0.5.
C) a good with a price elasticity of supply of -0.5.
D) an inferior good with an income elasticity of -0.5.
E) an inferior good with an income elasticity of -2.0.
Answer:
D) An inferior good with an income elasticity of -0.5
Step-by-step explanation:
Income elasticity is calculated by finding the negative 50% change in demand.
Income elasticity = -0.5
The reduction in demand for Ramen noodles due to the increase in income indicates that Ramen noodle is an inferior good that was only purchased because of Joe's meager income.