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alukav5142 [94]
2 years ago
6

If the income elasticity of a particular good is negative 0.2, it would be considered Group of answer choices a normal good. an

elastic good. a superior good. an inferior good.
Business
1 answer:
ioda2 years ago
8 0

Answer:

inelastic good

Explanation:

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

If the absolute value of income elasticity of demand is greater than one, it means demand is elastic

it is inelastic if it is less than 1.

since the absolute value of elasticity this good is 0.2, the good as an inelastic demand.

Normal goods are goods that are goods whose demand increases when income increases and falls when income falls

Inferior goods are goods whose demand falls when income rises and increases when income falls.

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I don’t know what you’re telling me to do here! Where’s the question ?
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2 years ago
Which behavior demonstrates courtesy toward others in the workplace?
Alecsey [184]

The behavior which demonstrates courtesy toward others in the workplace is, consulting with a coworker before intervening in one of his or her projects.

Answer: Option D.

Explanation:

Courtesy is being polite and kind. It means showing politeness in ones behavior. So the most appropriate behavior of courtesy in workplace is mostly certainly consulting before involving in his/her project.

Asking before intervening is important so as to avoid any conflict between the workers and it is also a good gesture towards other co workers. This thus demonstrates the courtesy towards others. Consulting shows respectfulness towards the other person, thus resulting in courtesy behavior.

8 0
3 years ago
On December 31, 2020, Grand Company had $1,232,000 of short-term debt in the form of notes payable due February 2, 2021. On Janu
VikaD [51]

Answer:

Current liabilities:

Notes payable   $8,000

Non-current/long-term liabilities:

Notes payable     $1,224,000

Explanation:

The actual amount of notes payable at 31st December is the difference between the short-term debt and the amount of cash realized from the issue of common stock whose proceeds are meant to be used in liquidating the short-term debt.

The actual amount of notes payable=$1,232,000-$1,224,000=$8,000

By issuing common stock of $1,224,000 to repay the short-term debt,the $1,224,000 is effectively converted to funding of long-term nature,hence classified as long-term liabilities

7 0
3 years ago
What is the minimum value of the box-and-whisker plot?
natka813 [3]

Answer:

A;36

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So lets recall the different parts of a box and whisker plot.

The dot at the very right end of it is the maximum, where the largest number is.

After that, the box to the right is the upper quartile.

On the left, the box on the left is the lower quartile.

In between the right and left of the box is the median, which seperates the upper quartile by the lower quartile.

Finally, we have the dot farthest to the left, which is the minimum.

So on our box and whisker chart, lets look at the dot farthest to our left, since thats the minimum.

<u>This should be 36.</u>

Hope this helps! ;)

8 0
2 years ago
Which of the following marketing variables is concerned with hiring and training of an organization's sales force?
enot [183]

Answer: A. Promotion

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6 0
3 years ago
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