Moving between the two points on the PPF gives a country 8 desktop computers and gives up 5 laptop computers. The opportunity cost of a laptop is half that of a desktop.
An outward shift in the PPF indicates economic growth. An inward shift indicates a shrinking economy due to failure of resource allocation and optimal production capacity. A shrinking economy could be the result of reduced supplies or a lack of technology.
An outward shift in the PPF indicates economic growth. An inward shift indicates a shrinking economy due to failure of resource allocation and optimal production capacity. A shrinking economy could be the result of reduced supplies or a lack of technology.
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The answer is going to be negative
Answer:
e. price elasticities of demand for apples and oranges are the same over these price ranges
Explanation:
Price elasticity of demand measures the responsiveness of quantity demanded to changes in price.
Price elasticity = percentage change in quantity demanded / percentage change in price
Percentage change in price = (50-40) / 50 = 0.2 × 100 = 20%
Percentage change in quantity demanded of Apples = (120 - 100) / 100 = 0.2 × 100 =
20%
Percentage change in quantity demanded of oranges = (240 - 200) / 200 = 0.2 × 100 = 20%
Price elasticity of demand for oranges = 20% / 20% = 1
Price elasticity of demand for Apples = 20% / 20% = 1
When coefficient of elasticity is equal than one, elasticity of demand is unit elastic.
This implies that the elasticity of demand for Apples and oranges are the same. A change in the price of oranges and apples would lead to the same proportional change for each of the demand for Apples and oranges.
I hope my answer helps you
Answer:
Job analysis skills.
Explanation:
Job analysis is a the ability to identify the detail of a job as well as determine the requirement needed to get such job. It also involves helps to show the importance of certain duties to a job.
Simply put, Job analysis can be defined as the way and manner by which a job's duties and requirements are set for employees.
In the above question, it can be seen that the HR of Superglam is trying to determine duties and employee requirement to enable efficiency of employees in their job posts.
Cheers.
<span>If
the friend sues Mary, the court most likely will not require Mary to do
anything because this was a gift promise. In order for a gift promise to be
enforceable by the law, it should be a contract. And in order for it to be a
contract, there should be a consideration received by Mary but in this case, no
consideration was received by Mary therefore, the promise is unenforceable.</span>
