<u>Studies indicate that the price elasticity of demand for beer is about 0.9. A government policy aimed at reducing beer consumption changed the price of a case of beer from $10 to $20. According to the midpoint method, the government policy should have reduced beer consumption by</u> (c) 60%.
Explanation:
T<u>he Price elasticity of demand (PED or Ed) </u>is defined as a measure used in economics to show the relation or elasticity of the quantity demanded of a good or service to increase in its price when only the price changes.
<u>The price elasticity of demand is calculated as the percentage change in quantity divided by the percentage change in price.</u>
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<u>Studies indicate that the price elasticity of demand for beer is about 0.9. A government policy aimed at reducing beer consumption changed the price of a case of beer from $10 to $20. According to the midpoint method, the government policy should have reduced beer consumption by</u> (c) 60%.
In the ocean, the greatest amount of heat from incoming solar radiation would transfer to the top 10 cm of the surface.
Solar radiation often referred to as solar resources or simply sunlight, is the general term for electromagnetic radiation emitted by the sun. Solar radiation can be captured using a variety of technologies and converted into useful forms of energy such as heat and electricity.
The portion of the spectrum reaching the Earth from the Sun is between 100 nm and 1 mm. This band is divided into three regions: ultraviolet, visible, and infrared.
Radiation can alter the cardiovascular system, damage the heart, harden and constrict arteries, and remove some of the cells lining the blood vessels, causing cardiovascular disease. Radiation exposure can interfere with neurogenesis, the process of forming new cells in the brain.
Learn more about solar radiation here: brainly.com/question/3005929
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Answer:
Capital
Explanation:
Factor of production are defined as resources or input that are used in production process to get output.
The factors of production includes land, labour, and capital.
Although these are not part of the final product , they facilitate production.
In the given scenario Louis is planning to raise funds for her new business venture.
This is an activity aimed at raising capital for the business.
Capital is a sum of money that is used to start or run a business.
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no thats wrong
it's a
The prime minister of Nepal K. P. Sharma oli
