Answer:
D. the price of onions
Explanation:
The price of onions leads to a change in the quantity demanded of onions. If price increase, the quantity demanded of onions fall all things being equal. If price falls, the quantity demanded of onions increases all things being equal.
The other factors affect the demand for onions.
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Answer:
C. Planning of activities and the staging of events to attract attention and to generate publicity.
Explanation:
When an individual or a company staged an event with the aim of catching the attention of the press or generate publicity, it is called press agentry.
Press agentry is mostly done by an organization to attract the public towards its product for personal gain. It focuses on the outcome of an event rather than the process that leads to the event.
Example of press agentry is when the CEO of a plastic industry suddenly announce an increment(about 500%) for its product. The increment generate uproar on social media because the company has become a household name and the product whose price was increased has also become a brand.
Due to the above scenario, the uproar would definately bring criticism to the company but such would also attract the media. The sudden increment will be termed publicity stunt to gain media attention.
Answer: Option c
Explanation: Elasticity is an economic term that describes a transition in consumer and vendor actions in response to a price change for a commodity. How the market for the commodity responds to a price change dictates the elasticity or in-elasticity of the demand for that product.
An inelastic commodity is the one that even after a price change, buyers continue to buy. A good or service's elasticity may change depending on the number of close alternatives accessible, its overall cost, and the length of time that has passed since the increase in price occurred.
Thus even if there is a slight change in demand due to change in price then the commodity is said to be elastic.
A budget surplus is what is left over or not spent from the previous budget; this leaves the government with extra money left from last fiscal years budget. In turn, it will subtract from the National debt, leaving us with less debt and showing that our money is being managed correctly.
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Answer:
The correct answer is $2,500.
Explanation:
According to the scenario, the computation of the given data are as follows:
Deposits = $200
Reserve requirement ratio = 8%
So, we can calculate the Increase in money supply by suing following formula:
Increase in money supply = Deposit ÷ Reserve requirement ratio
By putting the value, we get
= $200 ÷ 0.08
= $2,500.
