Answer: d. income elasticity of demand for that good.
Explanation:
A good is a normal when an increase in income leads to an increase in demand for the good and inferior when an increase in income leads to a decrease in demand for the good. Thus, to determine whether the good is normal or inferior we use income elasticity of demand for that good. If income elasticity is positive the good is a normal good. If income elasticity is negative, the good is inferior.
<span>When secondary research does not yield the result necessary to solve your problem, it will become necessary to complete primary research to accomplish the solution. This may be achieved through experimentation, measurement and analysis of new data to achieve a desired result.</span>
Answer:
Correct answer is (A)
Explanation:
taxable income allocable to the business computed without regard to interest income; depreciation, amortization, or depletion; interest expense; and net operating loss deductions
Answer:
European style
Explanation:
everything stands easily on it own on a european style salad.
Answer: 31
Explanation:
Based on the information given, the economic order quantity will be:
Annual requirement = 2000
Buying cost per order = 37
Carrying cost = 150
Economic order quantity will be:
= ✓(2 × 2000 × 37/150)
= ✓986.7
= 31.4
= 31
Therefore, economic order quantity is 31 units