Yes According to the Mid Point Method The degree to which customers are receptive to price changes is gauged by their price elasticity of demand.
<u>WORKING OF MID POINT METHOD</u>
Demand is considered to be elastic if consumer behaviour changes significantly in reaction to a minor change in price, as opposed to inelastic if customers alter their purchasing behaviour very little in response to a large change in price.
- The percentage change in quantity subtracted from the percentage change in price represents the price elasticity of demand. The following formula may be used to calculate the percentage change in the number of oranges requested in this area using the midpoint method:
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The aim of the World Bank is to promote world economic growth through financial stability .Option C. This is further explained below.
<h3>What is World Bank?</h3>
Generally, The World Bank is an international institution for the promotion of economic growth that is owned by 187 different nations. It is the responsibility of this organization to alleviate poverty across the world by providing financial assistance, in the form of loans, to the governments of those its member states who are economically weaker so that those states may raise the quality of life of their populations.
In conclusion, The goal of the World Bank is to provide the financial stability necessary for the expansion of the global economy. alternative C
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Answer:
Transfer payment
Explanation:
Transfer payment in finance can be as well regarded as " government transfer" it is income and wealth redistribution which occur when payment is made by government without exchange of goods or services in return. It should be noted that Transfer payment is a form of government spending that is not made in exchange for a currently produced good or service. Some of the common transfer payment type is social insurance programs, as well as business subsidies.