Answer:
A. effective
Explanation:
As more and more one writes better, there will be communication of right message and ideas that will be passed across to the audience. As with other disciplines, continuous practice would make one to be better in terms of writing .There should also be search for knowledge which will assist to develop writing skills.
Through continuous writing, one's writing will be more effective having come across different hurdles. The hurdles here means challenges one would encounter at the beginning but which have now become Surmountable due to continuous practise.
It’s C ..................,..
So you are giving credit to the sources and information that you used in the work and so you are not penalized for plagiarism
Answer:
Elastic demand.
Explanation:
The term elastic demand describes a situation where a small change in price causes a considerable change in demand. In other words, the change in demand is not proportionate to the change in price.
As per the law of demand, an increase in price decreases the quantity demanded. The term elastic in this context means stretching or moving. A good has elastic demand if its demand is highly responsive to changes in price.
In the case of the Blu-ray player, the price changed from $300 to $50. A drop of $250. As a percentage, the price dropped by (250/300 x 100) = 83.3%. The demand increased from 100 to 1000. An increase of 900 units. The percentage increase =(900/100 x 100)=900%.
The demand for Blu-ray is elastic. A price decline of 83% causes the demand to rise by 900%.
Answer:
The remark is incorrect.
Explanation:
The student says that firms in a perfectly competitive market earn zero profits in the long run which does not apply to the real world. The firms in the real-world will not operate at zero profits.
The student is getting confused between accounting profit and economic profit. Zero profit here implies zero economic profit. The firms will still be earning positive accounting profits.
Accounting profit is the difference between total revenue and explicit cost while economic profit is the difference between total revenue and both explicit and implicit cost.
