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swat32
3 years ago
10

Assume that a family spends 35% of its income on housing, 20% on travel-related expenses, 10% on utilities, 25% on health care,

and 5% on miscellaneous items. Demand for which category will be most responsive to a change in price?
Business
1 answer:
iogann1982 [59]3 years ago
5 0

Answer:

We need the slope of each category.

Explanation:

Having the amount of each category is not enough to find the responsive of each one of them to a change in their prices, we need a measure called elasticity, this indicator measures the responsive of a product to a change in its price.

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the Education and Training cluster

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The Education and Training career cluster comprises of tutors, teachers, and instructor professionals. The Elementary School Principal is a trained teacher. He or she has specialized in elementary education, besides the normal teacher training.

The education cluster also employs school counselors and psychologists who offer support, guidance, and counseling services to students.

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Explanation:

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3 years ago
Marko, Inc., is considering the purchase of ABC Co. Marko believes that ABC Co. can generate cash flows of $5,700, $10,700, and
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Explanation:

Giving the following information:

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PV= Cf / (1+i)^n

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Hope this helps!
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