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marusya05 [52]
2 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]2 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>
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Answer:

$5,548

Explanation:

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Balance of Raw material inventory at the end of February will be:

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When you save your money to buy something I'm six months,which Job is money doing?
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3 years ago
A fast-food restaurant serves the student community within a university campus. The restaurant newly introduces pocket-friendly
MissTica

Answer:

These are the options for the question:

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C. Market penetration

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And this is the correct answer:

B) Cannibalization

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<h3>Who are Managerial accountants?</h3>

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They also hep perform various task that is associated with the account.

Therefore, Managerial accountants provide managers within the organization with reports to make good business decisions.

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