A medical profession has their own job of helping other people who are in need and to ensure the safety and health of the people who are being helped by them. But a medical professional has also it's worries and concern and mainly, they have slowly been partaking with the concern of those who are dying. In which how they may help the people who are dying to achieve peaceful death.
Answer: True
Explanation: The full disclosure principal states that any material information, that can affect the judgement of a rational investor or other stakeholder, must be stated in the financial statement.
These disclosures can be made on press releases, supplementary reports and other such communications etc.
Hence, from the above we can conclude that the given statement is true.
Answer:
A) normal; elastic
Explanation:
As we know,
1. Perfectly inelastic = When elasticity is zero
2. Inelastic = When elasticity is below than one
3. Unitary elastic = When elasticity is equal to one
4. Elastic = When elasticity is above than one
5. Perfectly elastic = When elasticity is in infinity
And, the income elasticity of demand would equal to
= (Percentage Change in quantity demanded) ÷ (Percentage Change in income)
= (10%) ÷ (5%)
= 2%
As we see that the income elasticity of demand is more than one which represents the elastic plus in normal good it shows a positive relationship between the income and quantity demanded and the elasticity also comes in positive.
What? I don’t understand sorry
Answer:
Real GDP (2014 price) = $ 250
Explanation:
GDP is the total value (PxQ) of goods & services, produced by an economy during a period of time. Real GDP is the value at constant base year prices.
Given [2015] : Fish Quantity = 5 , Computer Chip Quantity = 20
Base Year [2014] price : Fish = $10 , Computer Chip = $10
2015 Real GDP at 2014 base year price = Price 2014 x Quantity 2015
= (Fish PXQ) + (Computer Chip PXQ)
= (10 x 5) + (10 x 20)
= 50 + 200
= $ 250
