<span>Ans : Unanticipated inflation benefits debtors at the expense of creditors. The statement is True.
When the inflation is unexpectedly high, the Real Interest Rate is lower than anticipated thats why it hurts lenders but benefits borrowers.</span>
Answer:
Children should achieve stage at an exact stage.
Answer:
b. Exploratory research
Explanation:
As the sales has been declined in Latin American territory with no knowledge to the team about sudden decline in sales performance therefore, Exploratory research can be helpful as to collect the information through the various means such as focus groups, customer advisory boards etc to know the exact reason for the decline so that the corrective action plan can be formulated
Compared to the price elasticity of demand for gasoline, the demand for Texaco gasoline will be <u>more elastic</u>.
Price elasticity of call for is the ratio of the proportion change in the amount demanded of a product to the percentage exchange in rate. Economists hire it to apprehend how supply and demand trade when a product's price changes.
If a fee alternate for a product causes a giant change in both its supply or call for, its miles are considered elastic. Generally, it manner that there are acceptable substitutes for the product. Examples would be cookies, luxury cars, and coffee.
In commercial enterprise and economics, price elasticity refers to the degree to which people, purchasers, or producers alternate their demand or the quantity supplied in response to fee or earnings adjustments. it is predominantly used to evaluate the trade-in consumer call for because of an alternate in an excellent or carrier's price.
Learn more about price elasticity here brainly.com/question/5078326
#SPJ4
Answer:
B. 8 lawns per day.
Explanation:
As seen in the graph below, The AVC and ATC curves intersect the MC curve at the minimum of the MC curve. The marginal cost curve intersects the AVC curve to the right of the minimum of the AVC curve. It also intersects the ATC curve to the right of the minimum of the ATC curve. At first, marginal cost decreases with additional output, but then it increases with additional output. The firm’s profit-maximizing level of output will occur where MR = MC (or at a level close to that point).
Therefore, from the graph; at $16 per lawn, the maximum profit = 8 lawns per day.
