Answer: Price of cereals must fall by 12%
Explanation:
A 10% rise in the price of milk will lead to a fall in quantity demanded by =-0.9 * 10= 9%.
To prevent the demand for cereals from falling by 9%, the price of cereals must fall by
Thus, to offset the effect of a 10% rise in price of milk, the price of cereals must fall by 12%.
Answer:
I'm figuring this out for you!
Explanation:
1. Which of the following is true about how your skill set relates to a future career? Employers consider subject-specific skills for new positions.
When an employer is looking to hire someone new, they are focused on figuring out how the person applying for the job matches the skill set they are looking to hire. When your current skill sets match those the employer needs/wants they are more likely to hire you for the position.
2. Which of the following is a list of broad categories of skills? mathematics and data, words and literacy, tools and tasks, interpersonal relationships, and creativity. Out of the choices listed, these are the broad skill sets as they vary and range in similarities on a large scale. Mathematics is completely different than words and literacy, so they are broad copared to the skills that match each other.
Answer: The correct answer is "D".
Explanation: A debit balance in the "Allowance for Doubtful Accounts" indicates that actual bad debt write-offs have exceeded previous provisions for bad debts. So there was an estimating error of "Allowance for Doubtful Accounts".
Answer:
B) unitary elastic.
Explanation:
Elastic demand describes how sensitive the demand for a product is to changes in prices. A good or service whose demand changes as a result of a change in price is said to be price elastic. When a product does not react to price changes, it is said to be price inelastic.
Unitary elastic demand is when a change in price results in a propositional change in demand in the opposite direction. A percentage change in price causes a similar percentage change in demand. An increase in price leads to a decrease in demand by the same degree, while a reduction in price will result in a proportionate increase in demand.
