False.
If the price of a product goes up by 10% and the quantity demanded goes up by 20% the product is a GIFFEN GOOD.
An inferior good is a good that decreases in demand if income increases. These are the goods that people opt not to buy when their purchasing power increases.
Answer:
There are 3 cases
The First case
In this case, the six pillars of the ethical reasoning and characters are caring, responsibility, trustworthiness, citizenship, respect and fairness. Caring pillar requires making decision while taking other people into consideration. It requires the decision made to be kind and compassionate. At the time of making ethical decision it should be kept in mind that less harm should be caused. Responsibility pillar helps an individual to analyze that all the actions have some or the other consequences.
Explanation:
See attached images for the other two cases
<span>Dow
Jones Industrial Average (DJIA) is the widely followed and best known stock
index because it is composed of companies that are under the industrial and
consumer industry. The price of the stock under the Dow Jones Industrial
Average is divided by divisors which are used in this index.</span>
<span>You supply a good at a price of $5. You also earn a profit at this price. This means that your marginal cost could be less than $5.
Hope it helps.</span>