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blsea [12.9K]
3 years ago
11

I will give brainliest if answered correctly!

Business
1 answer:
ZanzabumX [31]3 years ago
6 0

Answer:

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Explanation:mnbnbnbnbnbnbnbnbnbnbnbnbnbnbnbnbnbnbnbnbnbnbnbnbnbnbnbnbnbnbnbnbnbnbnbnb

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Attina always spends 20 % of her income on snarfblatts. Assume that her income increases by some percentage while the price of s
cestrela7 [59]

Answer:

Income elasticity of demand for snarfblatts is 1.

Explanation:

the consumer spends 20% of the income on snarfblatts, thus the percentage change in consumption of the snaerblatts is equal to the percentage in income, that is:

Elasticity = % change in demand of snarfblatts/% change in income

               = 1

Therefore, Income elasticity of demand for snarfblatts is 1.

6 0
3 years ago
Other things equal, the monopsonistic employer will pay a
zloy xaker [14]

Answer: The correct answer is "a. lower wage rate and hire fewer workers than will a purely competitive employer.".

Explanation: Monopsony is generated when there are many people looking for work and there are only a few employers, who can afford to offer a lower salary than they would have to offer if there was more competition for workers.

5 0
3 years ago
Mort schmitt has a cafeteria plan that contains long-term disability insurance, medical expense insurance for himself (he has no
Vaselesa [24]
The answer is TRUE. Hope this helps:)
4 0
3 years ago
Financial institutions pay___
Dmitriy789 [7]

Answer: B

Explanation: I work for a bank.

3 0
3 years ago
Read 2 more answers
How does competition affect markets?​
777dan777 [17]

Answer:

money and price of double of items

Explanation:

it effects the price within the menu and items too

think of it being the "Krusty Krab" and the "Chum Bucket"

6 0
3 years ago
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