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musickatia [10]
3 years ago
9

Income elasticity measures the:____.

Business
1 answer:
larisa [96]3 years ago
8 0

Answer:

C. Responsiveness of quantity demanded to a percentage change in income.

Explanation:

Income elasticity is defined as the responsiveness of the quantity of a good demanded by an individual as his income changes, all other factors being constant.

Mathematically it is calculated as percentage change in quantity demanded divided by percentage change in income.

Income elasticity is used to find out if a good is a necessity or a luxury good.

The demand for goods that are a necessity does not change with a change in income.

However demand for a luxury good increases as income increases and vice versa

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Setting goals and objectives provides the guidance and direction, Motivates and inspires the employees, Facilitates planning and also helps organizations evaluate and controls the performance.
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3 years ago
A career path that involves horizontal movement within or across organizations is referred to as a(n) _____.
Kamila [148]

When a person moves horizontally within or across organizations, this is called a horizontal career growth.

<h3>What is a horizontal career growth?</h3>

This is when someone moves across job titles from one company to another or within the same company.

It is called a horizontal move because the person will still be at the same job level that they were at the job they moved from.

Find out more on career growth at brainly.com/question/14735178.

6 0
2 years ago
EX 7.13. Create an interface called Visible that includes twomethods: makeVisible and makelnvisible. Both methods should takeno
lord [1]

Answer:

public class Icon implements Visible

{

       // instance variable

      //Constructor variable

      Public Icon()

      {  

         //implementation

                                      }

     //two methods will be implemented make visible and makeInvisible with the signage and return type

       //displayed below

\        public boolean<em> makeVisible</em>()

        {

                    //the implementation is registered here

      public boolean <em>makeInvisible</em>()

      {       //implemetation will be here

                                                              }

       //other methods are of this type

Explanation:

Create an interface called Visible that includes twomethods: makeVisible and makelnvisible. Both methods should takeno parameters and should return a Boolean result. Describe how aclass might implement this interface.public interface Visible{public: boolean makeVisibleO;public boolean makelnvisibleO;

The above can be executed as a javascript

public class Icon implements Visible

{

       // instance variable

      //Constructor variable

      Public Icon()

      {  

         //implementation

                                      }

     //two methods will be implemented make visible and makeInvisible with the signage and return type

       //displayed below

\        public boolean<em> makeVisible</em>()

        {

                    //the implementation is registered here

      public boolean <em>makeInvisible</em>()

      {       //implemetation will be here

                                                              }

       //other methods are of this type

5 0
3 years ago
Even though stocks, securities, and mutual funds are higher-risk investments, many people invest in them because A. they are hig
Naddika [18.5K]
They give a higher return rate, D.
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3 years ago
Which option is best described as a complementary good for computer hard drives?
Nutka1998 [239]

Answer: Computer monitor

Explanation:

A complementary good is a good that's used together with another good. A good example of a complementary good is a car and petrol since they are used together.

A complementary good for computer hard drives would be the computer monitor. The monitor simply looks like a television and it helps in showing the information which is being displayed.

8 0
3 years ago
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