<span>If you were to make more than a dozen cookies assuming that you can't bake them on separate cookie sheets at the same time than of course it will take longer to fill than one-dozen, but even with a discount you are making more of a profit than just selling one-dozen. Keeping the discount to a minimum is key, so possibly offering just 10% orders over one dozen cookies.</span>
Answer:
When the price of good y increases by 10% it will result in the quantity demanded of x to increase by (0.6*10) =6%. The current quantity demanded of good x is 10 so a 6% increase will mean the quantity demanded of x will be (1.06*10)= 10.6
Explanation:
The cross elasticity of goods x and y is 0.6, which means that a one percent increase in price of good y will increase the demand for good x by 0.6%, this means that x and y are substitute goods, as when the price of y increases people tend to buy more of x.
When the price of good y increases by 10% it will result in the quantity demanded of x to increase by (0.6*10) =6%. The current quantity demanded of good x is 10 so a 6% increase will mean the quantity demanded of x will be (1.06*10)= 10.6
Answer:
The correct answer is (D) Import quotas
Explanation:
Import quotas are part of economic policies imposed by a country to <u>protect domestic industries</u> from foreign competition. For this case, the nation of Andolvia placed a restriction on the supply of peanut products to be imported, as they have subsidized and made efforts for their local young peanut industry to grow and mature.
Answer:
Increase
Explanation:
Within the specific department of psychology, cognitive dissonance transpires while a personality possesses pair or extra incongruous ideas, beliefs, or values, or engages under an activity that works against one of these three, also undergoes psychological pressure because concerning such things. When a couple of activities either view does not remain psychologically compatible among all others, somebody will produce all their strength to modify them till they enhance consistently. "If at prime, you do not succeed, attempt, attempt repeatedly." According to the cognitive dissonance approach, attempting once more should <u>increase</u> whence enough thou worth of specific consequence of your struggles.
