I need more information for this question
Answer:
≅ -1.7.
Explanation:
Let's calculate the change in quantity:
![\frac{Q_2 - Q_1}{\frac{Q_2+Q_1}{2} } = \frac{50-100}{\frac{50+100}{2} } = (approx.) -0.67.](https://tex.z-dn.net/?f=%5Cfrac%7BQ_2%20-%20Q_1%7D%7B%5Cfrac%7BQ_2%2BQ_1%7D%7B2%7D%20%7D%20%3D%20%5Cfrac%7B50-100%7D%7B%5Cfrac%7B50%2B100%7D%7B2%7D%20%7D%20%3D%20%28approx.%29%20-0.67.)
Let's now calculate the change in price:
![\frac{P_2 - QP_1}{\frac{P_2+P_1}{2} } = \frac{3.00-2.00}{\frac{3.00+2.00}{2} } = 0.40.](https://tex.z-dn.net/?f=%5Cfrac%7BP_2%20-%20QP_1%7D%7B%5Cfrac%7BP_2%2BP_1%7D%7B2%7D%20%7D%20%3D%20%5Cfrac%7B3.00-2.00%7D%7B%5Cfrac%7B3.00%2B2.00%7D%7B2%7D%20%7D%20%3D%200.40.)
Finally, let's calculate the price elasticity of demand:
![e_p = \frac{-0.67}{0.40} = (approx) -1.7.](https://tex.z-dn.net/?f=e_p%20%3D%20%5Cfrac%7B-0.67%7D%7B0.40%7D%20%3D%20%28approx%29%20-1.7.)
The correct answer for this question is "d.they should leave their current dangerous neighborhoods."
A turn-of-the-nineteenth-century real estate ad targeted to immigrant workers says, "where there was darkness, now there is light." This adimply about the lives of working is that <span>they should leave their current dangerous neighborhoods.</span>
Answer:
Used an analogy to solve his problem
Explanation:
Analogy is the Congnitive process of transferring information from a particular subject which is regarded as the source to another particular subject which is the target. It is the transference of information gotten from a similar task to the work at hand in order to help achieve the same result just as Terry did for the cake.
The planning fallacy is the tendency to underestimate the amount of time it will take to complete a task.
This is further explained below.
<h3>What is
the planning fallacy?</h3>
Generally, The propensity to underestimate the amount of time it will take to accomplish a job is known as the planning fallacy.
In conclusion, The propensity to underestimate the amount of time it will take to accomplish a job is known as the planning fallacy.
Read more about the planning fallacy
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