Answer:
2 is the answers for the question
Step-by-step explanation:
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answer: 28: 4
21: 3
70: 10
step-by-step explanation:
divide 28 by 4, and of course, do to the bottom what you do to the top. 4 divided by 4 is 1, and 28 divided by 4 is 7.
7: 4.
then, multiply by the number of smoothies.
for 3, it's 21: 3.
for 10, it's 70: 10.
I’m pretty sure it’s the first one cause it’s half of the 6 blocks
1. b 2. a 3. a
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Step-by-step explanation:
Answer:
-2; Inferior good
Step-by-step explanation:
Given that,
Initial Quantity = 10 boxes
New Quantity = 8 boxes
Percentage increase in Sally's income = 10%
Change in consumption:
= 8 boxes - 10 boxes
= - 2 boxes
Percentage change in quantity demanded:
= (Change in quantity demanded ÷ Initial quantity) × 100
= (-2 ÷ 10) × 100
= - 20%
Therefore,
Income elasticity of demand:
= percentage change in quantity demanded ÷ Percentage change in income
= - 20% ÷ 10
= -2
Inferior goods are generally have a negative income elasticity of demand which means that an increase in the income of the consumer will lead to reduce the quantity demanded for inferior good and vice versa.
Hence, the good is a inferior type of good.
