Answer:
Difficulty managing public investment so it's done in a cost effective way
Explanation:
An Economy
This is simply known as a well arranged means by which nations supply or provide for the needs and wants of its people.
Resources
This are simply all the materials or things that is put in place that is used in producing goods and services.
Factors of production includes land, labor, capital, and entrepreneurship.
The reasons for government intervention is due to the allocation function, market failure occurs in case of Public Goods, externalities, Insufficient Competition; distribution function and stabilization function. Government influences decision making by establishing legal framework within which businesses and households operate.
Answer: False
Explanation:
Question mentions that even though Worker A and Worker B are both paid the same salary and become less effective as their workload increase, Worker A is still more effective than Worker B.
The optimal allocation therefore would be one where Worker A get more of the 200 units of production than Worker B because they would be able to produce more as they are more effective.
Answer:
<h2>The Receipt Capture feature is available in all the QBO subscription levels, from Simple Start through Advanced, and is located in the Banking Center. There are three ways to capture receipts so that they can</h2><h2> be matched to transactions and</h2><h2> added to the bank feed, thereby tracking the expenses in QuickBooks.</h2>
Explanation:
<h2>______________________________</h2>
<h2>
<em><u>PLEASE</u></em><em><u> MARK</u></em><em><u> ME</u></em><em><u> BRAINLIEST</u></em><em><u> AND</u></em><em><u> FOLLOW</u></em><em><u> M</u></em><em><u> E</u></em><em><u> AND</u></em><em><u> SOUL</u></em><em><u> DARLING</u></em><em><u> TEJASWINI</u></em><em><u> SINHA</u></em><em><u> HERE</u></em><em><u> ❤️</u></em></h2>
Answer:
by writing the answer
Explanation:
I would advise figuring the question out first.
The correct answer is: "I would recommend her not to increase the price, because with an elastic demand function this will cause a great decrease in the quantity demanded by consumers".
The demand function represents the quantity of a certain good or service that consumers are willing to purchase in the market at different price levels. The law of demand states that there is an inverse relationship between price and quantity demanded (ceteris paribus, hence, given that the rest remains equal). <u>Therefore, when the price charged decreases, the amount that consumers are willing to purchase increases. </u>
In turn, the elasticity of the demand function measures the sensitiveness of the quantity demanded by consumers when there is a certain price change. If the demand function is elastic it means that a price variation would generate an even larger variation (in the inverse direction of course!) in the quantity demanded. <u>This is the case of the lemonade stand therefore the girl should not increase prices because this will not help her to reach her objective quicke</u>r, as she would loss a greater proportion of units sold than the size of the price increase that would have allowed her to earn more per unit.
