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Gwar [14]
3 years ago
6

Income elasticity measures how a good's quantity demanded responds to change in the goods price. producers' incomes. change in t

he price of another good. change in buyers' incomes.
Business
1 answer:
Natalija [7]3 years ago
5 0

Answer:

change in buyers' incomes.

Explanation:

Income elasticity of demand measures the responsiveness of quantity demanded to changes in income of the consumer.

Income elasticity of demand = percentage change in quantity demanded / percentage change in income

Cross price elasticity of demand measures the responsiveness of quantity demanded of good A to changes in price of good B

Price elasticity of demand measures the responsiveness of quantity demanded to changes in price.

I hope my answer helps you

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A manager is hired by a start-up for her demonstrated ability to think strategically and make broad-based decisions that serve t
STatiana [176]

Answer:

Conceptual Skills

Explanation:

According to my research on studies conducted by various psychologists, I can say that based on the information provided within the question the manager was most likely hired for her Conceptual Skills. This is the ability that an individual may possess to analyze hypothetical situations in order to gain valuable information and develop strategies. Which allows that individual to make certain big decisions in benefit of the company.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

6 0
3 years ago
The phrase laissez-faire means which of the following?
Ksivusya [100]
Hey there!

The phrase “laissez-faire” means “Let it be” originally but in the choices you provided In your answers above the closes to it would mostly be ‘to let be’ would be your answer


Answer: B. To let be


Good luck on your assignment and enjoy your day

~LoveYourselfFirst:)
6 0
3 years ago
A practitioner may perform an agreed-upon procedures engagement on prospective financial statements provided that which of the f
Marat540 [252]

Answer:

Option b is correct

Explanation:

The requirement of this service is to be independently derived because the procedures vary according to needs of the parties involved in the agreement.

6 0
3 years ago
Which of the following factors is unique to B2B buying and is not typically found in B2C buying?
Arisa [49]

Answer:

There are limited number of large buyers, often geographically

Explanation:

3 0
2 years ago
Complete the statements and then calculate the change in consumption. The consumption function shows the relationship between co
White raven [17]

Answer:

Disposible income.

Marginal propensity to consume.

Disposible income, marginal propensity to consume.

The consumption will increase by  $800

Explanation:

The consumption function shows the relationship between consumption spending and disposible income.

The slope of the consumption function is the marginal propensity to consume.

Changes in consumption can be predicted by multiplying the change in disposible income by the marginal propensity to consume.

Given:  MPC = 0.80

           Disposible income increases by $1,000

consumption increase =  0.80*$1000

                                     = $800

Therefore, The consumption will increase by  $800.

7 0
2 years ago
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