Answer:
c.
More items purchased when prices drop
Explanation:
Lets determine the two variables and their relation in each of the cases.
a)
Quality decreases. Quantity purchased decreases. Both item decreasing is a positive relation and thus would not yield a negative slope.
b)
Spending rises. Income rises. Both items increasing is a positive relation and thus would not yield a negative slope.
c)
Purchases increase. Price decrease. One item increases while the other decreases and thus is a negative relationship with a negative slope.
d)
Qty sold increases. Quality increases. Both items increasing is a positive relation and thus would not yield a negative slope.
Hope that helps.
The root of all this conflict is <span>egocentrism. It is </span>having or regarding the self or the individual as the center of all things: an egocentric<span> philosophy that ignores social causes. having little or no regard for interests, beliefs, or attitudes other than one's own. It is being self-centered. </span>
The rational expectations theory is a concept and theory used in macroeconomic.
what is rational expectations theory?
- The rational expectations theory could be a concept and modeling method that's utilized broadly in macroeconomics.
- The hypothesis sets that people base their choices on three essential variables: their human judiciousness, the data accessible to them, and their past experiences.
- The theory proposes that people’s current expectations of the economy are, themselves, able to impact what long-term state of the economy will gotten to be.
- This statute contrasts with the thought that government arrangement impacts monetary and financial decisions.
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The correct answer is when you have large volumes of data you need to track and analyze. This is because a database is used to arrange large volumes of data so that they can be easily accessed or tracked,managed and analysed. As such, a good time to create a database will be when you have large volumes of data to track and analyse.
Answer:
B) MC = $15
Explanation:
Base on the scenario been described in the question, the marginal cost (MC) is calculated using the following formula
To calculate marginal cost, divide the difference in total cost by the difference in output between 2 systems.
MC = 30-17/20-17
MC = $15