What business leaders promised Hoover they would do to help the economy is to <span>keep factories open and stop slashing wages. However, they did not keep their promise, to nobody's surprise. </span>
Answer:
1
Unitary elastic
Elasticity of demand is unitary elastic because the absolute value of elasticity is equal to 1.
Explanation:
Elasticity of demand measures the responsiveness of quantity demanded to changes in price.
Elasticity of demand = percentage change in quantity demanded / percentage change in price
Percentage change in quantity demanded = (25 - 15) / 25 = 0.4 × 100 = 40%
Percentage change in price = ($5 - $7) / $5 = 0.4 × 100 = 40%
Elasticity of demand = 40% / 40% = 1
If coefficient of elasticity is equal to 1, demand is unit elastic. It means that a change in price has an equal efect on the quantity demanded. Quantity demanded has an equal and proportional change to changes in price.
I hope my answer helps you
Answer:
Combination of goods and Services
Explanation:
Product package are basicallyl used to distinguish one brand, product, service or commodity from the other.
It is mostly the totality of what differentiates most products.
A complete product package needs to have any of these(goods, services) or combination of the two if the business offers both.
The most employee benefits would be manager
The Kelo case proved to be a revelation for many New Londoners about their property rights.
<h3>How to illustrate the information?</h3>
Dera editor,
Small business owners have to be careful to avoid falling under the radar of government development projects.
Until now, I was under the impression that eminent domain gave the government the right to take private property as long as it was for public use.
My assumption included that public use defined anything that the public could literally use. Apparently, the court went with a broader interpretation of public use under which “a taking is constitutional if it serves a public purpose” (Kelo v. City of New London).
This interpretation means public use includes anything that is deemed fit for public purpose, even though I or most citizens may not be able to directly use it.
This raises the concern of what all could fall under public use. I trust that the government won’t go on seizing private properties for its unrestrained use. However, the Kelo case still proves to be a matter of concern for me.
Learn more about eminent domain on:
brainly.com/question/9308155
#SPJ1