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-Inelastic means that the consumers will still purchase the product at the same rate despite price changes.
-The answer would be cancer medication, because the consumer would still need to buy this regardless of price. Even if it puts them in a financial bind.
-When having your on a car or watch, if the price of that item increases, you could be less likely to buy it.
-When picking out a hamburger at a restaurant, the customer is most likely to by a cheaper burger if they are on a budget.
You will need $228,790 in 28 years to supplement your retirement funds. If you can earn 8% interest, you must save $2,400 each year. ✅
Answer:
Time period corresponds to recession is D. 1937-1939
Step-by-step explaination:
Recession period is the period in which there is negative growth in stock market i.e that period in which the graph declines or accompanied by drop.
In the given interval 1931-1935 upto period 1933 the graph declines but after that it increases so it does not corresponds to recession period.
In the given interval 1931-1934, same reason as above.
In given interval 1933-1936, the graph goes to upward direction so it does not corresponds to recession period.
In the given interval 1937-1939,the graph declines upto 1939 so it corresponds to recession period.
Answer:
The answer is "Option D"
Explanation:
In this question, throughout the situations which follow, a taxpayer can fall in value assets except that property is leased by another to be used in the trade or business of the individual or to generate income. In this, any shareholders of the professional are not puttering business. It is often a smart step, although from a tax viewpoint from a business point of view.