1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
marusya05 [52]
3 years ago
10

A 10% rise consumer income results in a 4% decrease in the quantity demanded for pasta. the income elasticity of demand for past

a is
Business
1 answer:
Stells [14]3 years ago
5 0
The income elasticity of demand for pasta is -0.4 based on the data from the question above. The answer to this problem can be solved using the elasticity formula which stated as ED = Q percent change / I percentage change where ED is the elasticity of demand, Q is the quantity of the product, and I is the consumer's income<span>. (Calculation: -4%/10%=-0.4)</span>
You might be interested in
At the end of each day, panera bread restaurants donate leftover bread and baked goods to food banks and local charities. the co
Nimfa-mama [501]

Answer:

They appear to be giving back to the community with food to help the hungry or the homeless.

Explanation:

In the paragraph above they mention practicing. Greenwashing can make a company appear to be more environmentally friendly than it really is. My hope is panera really is doing this for the greater good.

4 0
3 years ago
Read 2 more answers
What is a product item?
Vsevolod [243]

Answer:

Explanation:

A product item is a specific version of a product that can be designated as a distinct offering among an organization's products. A product line is a group of closely related products offered by an organization.

5 0
3 years ago
A beta distribution center worker was injured when she tried to remove items on the shelf and not a heavy box onto her for a wee
LenaWriter [7]

Answer:

C. Teach procedures for stacking items in straight, even loads.

Explanation:

7 0
4 years ago
For 2020, your company planned on selling 10,000 units of its highest priced product - Fish Sticks, which is also its highest ma
Eddi Din [679]

Answer: Negative Sales Mix Variance

Explanation:

With regards to the above question, the company has a negative sales mix variance. First and foremost, we should know that the sales mix variance simply has to do with the difference between the actual sales mix and the budgeted sales mix of a company or organization.

From the question, there'll be negative sales mix variance and this will bring about a reduction in the revenue of the company as the budgeted sales will be lesser than actual sales. Therefore, Profit also reduces.

6 0
3 years ago
Ricardo works part time at a local computer store. One day, his manager approaches him about moving from cashier to floor superv
Ivenika [448]

Answer:Ricardo works part time at a local computer store. One day, his manager approaches him about moving from cashier to floor supervisor. Ricardo is excited because the promotion comes with a raise; however, the extra work hours would take away from time with his friends. In the end, he decides to take the promotion. Ricardo's opportunity cost is choosing the promotion over time with his friends.

<u>Explanation:</u>

When there are many options in front of us.Out of these options when we select one we have to forgo the other options. While we forgo other options we have to bear the loss. So the opportunity cost is the cost of the next best option that we have given up.

if Ricardo works extra hours than he will not get time to spend with his friends so this is his loss which is arising due to the benefit he is getting from promotion. This loss will be his opportunity cost.

8 0
3 years ago
Other questions:
  • Fremont Enterprises has an expected return of 18 % and Laurelhurst News has an expected return of 21 %. If you put 43 % of your
    14·1 answer
  • Which of the actions must be taken if a municipality wishes to raise its debt limit?
    12·1 answer
  • Which of the following headings should be included in your résumé?
    11·2 answers
  • Bob is unemployed because his skills have become obsolete due to technological advances. this is ____ unemployment.
    9·1 answer
  • Cognitively selecting sorting and organizing sensory information is called
    7·2 answers
  • Telemarketers receive $15 commission on all new customers they sign up for cell phone service through Movill Networks. Each tele
    7·1 answer
  • What potential problems might you have while driving a large vehicle ( drivers ed )
    14·2 answers
  • Brown Fashions Inc.'s December 31, 2018 balance sheet showed total common equity of $4,050,000 and 265,000 shares of stock outst
    15·1 answer
  • in response to a business communication that is vague, what do people tend to do? (choose every correct answer.)
    5·1 answer
  • A(n) _______ is about transforming how a business interacts with its customers on the world wide web.
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!