Answer:
A. positive cross-price elasticity of demand
Explanation:
For substitute goods we always have a positive cross-price elasticity of demand. The cross elasticity of demand for substitute goods is always positive because the demand for one good increases when the price for the substitute good increases.
For example, if the price of a
brand of beverage increases, the quantity demanded for a substitute beverage increases, this happens because consumers will quickly switch to a less expensive yet substitutable alternative. In the cross elasticity of demand formulae both the price and product are positive.
C. Implicit GDP Price Deflator
Answer:
1.4%
Explanation:
"At the PEAK of slavery in 1860, only 1.4% of Americans owned slaves. What your history books (don't) tell you is that 3,000 blacks owned a total of 20,000 slaves the same year." My source is: https://www.politifact.com/
Hope this helped you! Have a great day!
It depends on which course you're studying. Different nomads had different reasons. I'm sorry I wasn't able to give you a better answer.
Answer:
The answer is <u>True</u>
Explanation:
In every human endavour, anger and envy has been part of human existence. This is as result of the concious or uncousious comparison of people's actions and achievement.
<em>For example, in a situation two individuals studied for a particular exam at the sametime and same no of hours was applied during study. After the exam has been written and the results are out, Person A scoring higher than Person B would definitely create anger and envy in Person considering the fact that both spent equal number of hours during preparation for the exams.</em>