Answer:
the definition of a market in determining the price elasticity of demand
Explanation:
In economics, the price elasticity of demand is the measure used to determine the responsiveness and the elasticity of a quantity demanded for a good or a service to increase in the price when nothing but only the price of the product changes. It is the measure to show the demand of a product in relation to the price change of the product.
In the context, Juan Carlos is is filling up a survey regarding the demand or purchasing of toothpaste when the price of the toothpaste changes. Thus this is important to study the price elasticity of demand of a product in the market economy.
Answer: Epic poems
Explanation: An epic poem or narrative poem that usually describes deeds of some of the heroes, such as Gilgamesh or Beowulf. It is certainly about the heroic acts of such heroes, their extraordinary abilities, their courage. The grandiose style of describing them, their lives, their plot, etc., was used to better understand the exceptional nature of these heroes. These are semi-mythical or completely mythical characters on the basis of which some of the universal moral traits are built. Of course, they can be kings, but other types of heroes, who as such were role models to the whole nation, to a group of people, etc.
Answer:
Primary income
Explanation:
In simple words, most of the media channels use advertising as their primary source of income. A primary source of income refers to the source which makes the major part of revenue of a unit and the unit is heavily dependent on that division for its operations.
The media houses provide entertainment and information to the general public and receive heavy amount for advertising of business brands.
Answer:
Affluent families:
- parents practice symbolic deprivation
- children argue that they need this or that item to be socially accepted
- A child's plea based on social acceptance sways the parents
Lower-income Families:
- children argue that they need this or that item to be socially accepted
- A child's plea based on social acceptance sways the parents
- parents practice symbolic indulgence
Explanation:
In the Sociological Conversations video, Allison Pugh is interviewed by Dalton Conley to explain her findings on consumer culture and socioeconomic classes. She found that low-income parents have a tendency to use symbolic indulgence whereas high-income parents favored symbolic deprivation.
In both cases, the parents choose either strategy based on their economical status, to guarantee that their children fit in socially, meaning that the parents are concerned about the kids feeling different from others.
