Explanation:
The four factors that affect price elasticity of demand are
(1) availability of substitutes
(2) if the good is a luxury or a necessity
(3) the proportion of income spent on the good
(4) how much time has elapsed since the time the price changed.
Answer: representing the group
Explanation:
From the question, we are informed that a nurse encourages employees to implement a magnet recognition program in the organization and that the nurses think beyond their own personal needs and are clear about the group outcomes.
The leadership quality according to gardner’s tasks that is reflected in the activity of the nurse is the representing the group. The leader sets aside their personal aim for the group.
What type of skew is observed in this histogram?
<span><span> symmetry</span><span> zero skew </span><span> negative skew</span><span> positive skew
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Answer and Explanation:
Given that
Consumption function C = 200 + 0.9Y
Investment I = 300
Aggregate expenditure AE = C + I
Equilibrium AE = Y
Based on the above information
a. The level of equibrium income is
Y = AE = C + I
Y = 200 + 0.9Y + 300
0.1Y = 500
Y = 5000
b. The value of the investment multiplier is
= 1 ÷ (1 - MPC)
= 1 ÷ (1 - 0.9)
= 10
c. The change in the level of equilibrium income if investment increases by 10 is
Y = 200 + 0.9Y + 310
0.1Y = 510
Y = 5100
Change is
= 5,100 - 5,000
= 100
Answer: product line
Explanation: In simple words, a product line refers to the process under which a producer groups its related products together. The product could be related on the basis of their use or any other such criteria.
In the given case,Glad was offering variety of different trash bags and food products on a single selling place.
Hence we can conclude that it is an example of product line .