Answer:
Income elasticity of demand = - 0.56
Explanation:
Given,
P=10, Pc=100, Pd=2, A=5, and I=50.
So,
Q=200-5(10)-.1(100)-.5(2)+.2(5)-(50).
Q=90 (level of income)
Computation:
Given , I = 50, Q = 90.
ΔQ / ΔI = -1
Income elasticity of demand = (ΔQ / ΔI) x (I / Q)
Income elasticity of demand = - 1 x (50 / 90)
Income elasticity of demand = - 0.56
Developmentalists contend that because biological, cognitive, and socioemotional elements interact with one another, life-span development is multidimensional.
PERIOD DEVELOPMENT
Lifespan development is the process of growth throughout a person's life, from conception to death. Understanding all of the psychological, social, and cognitive changes that people go through requires a broad perspective. Since people adhere to a wide range of cultural traditions and ideals, this field of study is both broad and diverse.
What is multidimensional development?
The term "multidimensional development" recognizes the complexity of human development. Instead, the term "human development" is inclusive and covers a large range of potential components, such as:
Social advancement
Healthcare\
Education
societal cohesion (societies work together)
economic growth
Income
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Answer:
Just like a job, Entrepreneurship is one of the option to generate income.
The thing that differentiate Entrepreneurship and a Job is the potential risk and benefits. Entrepreneurship tend to have higher risk of failure compared to a job. But, it also possess the higher potential of income.
If you don't get a job and want to turn to entrepreneurship, the first things you need to get are ideas & Capital.
Ideas determine the type of business that you want to make along with marketing strategy and market market. Your capital is the resources that you need to make your ideas into reality.
Capital could be obtained from Loan, savings, or investment.
For example, One of the sector with lowest Capital is Software , internet content, or digital marketing. But you have to have enough skill in coding or art. you can Find the learning resources for practically zero cost online.
Entrepreneurs are most likely to give up more equity in their businesses in the <u>startup </u>phase of their companies than in any other.
The practice of obtaining money through the selling of shares is known as equity financing.
Companies raise money because they can need it to pay expenses in the short term or because they have a long-term objective and need money to invest in their expansion.
A firm effectively sells ownership in their business when it sells shares in exchange for money.
Many different forms of equity funding exist, such as an entrepreneur's friends and family, investors, or an initial public offering (IPO).
Private businesses that want to issue new shares of stock to the public must first go through an IPO procedure. A business can raise funds from the general public by issuing public shares.
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Answer: F
Explanation: Because all of them except D is valid