Answer:
The correct answer is option A.
Explanation:
Price elasticity of demand measures the change in the quantity demanded due to a change in the price of the commodity. In order to increase the demand for pizza, Aiyanna decides to lower the price of pizza by 5% per week.
With passage to time, the demand for a commodity becomes more and more elastic. This is because, with time, the consumers are able to get adjusted to price change. So each successive week demand will become more price elastic.
The tax create a deadweight loss of $15 per day.
<h3>What is
tax revenue?</h3>
A tax revenue means the sum derived from tax payers.
Dead weight loss = 0.5 * (P2 - P1) * (Q1 - Q2)
Dead weight loss = 0.5 * 0.25 * 120
Dead weight loss = $15
Hence, the tax creates a deadweight loss of $15 per day.
Therefore, the Option C is correct.
Read more about tax revenue
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Answer:
aakky6j5 and 33 are the four stages of technological development and the fact that you even have a twin cause your recent
Answer:
nonprogrammed decision
Explanation:
Nonprogrammed decision refers to a form of decision that is made based on new circumstances that never really happened in the past. Typically This type of decision happen when there is an external factor that mess up without initial plan.
In the example above, Ocelot need to consider their decision due to unexpected large expenses. This unexpected situation will force ocelot to explore a new solution that they never encountered before.
Answer:
To control food safety hazards within a food business in order to make sure that food is safe to eat.
Explanation:
