Answer:
Income elasticity of demand = - 0.56
Explanation:
Given,
P=10, Pc=100, Pd=2, A=5, and I=50.
So,
Q=200-5(10)-.1(100)-.5(2)+.2(5)-(50).
Q=90 (level of income)
Computation:
Given , I = 50, Q = 90.
ΔQ / ΔI = -1
Income elasticity of demand = (ΔQ / ΔI) x (I / Q)
Income elasticity of demand = - 1 x (50 / 90)
Income elasticity of demand = - 0.56
Answer:
the equilibrium price increases, albeit by a negligible amount
Explanation:
Here are the options to this question :
the supply curve will shift again after demand meets supply
the equilibrium price increases
the equilibrium price increases, albeit by a negligible amount
the demand curve will shift back to its original level
The new rice diet that is being marketed heavily in the U.S. as a cure for cancer would increase the demand for rice. This would shift the demand curve rightward. This shift of the demand curve would increase demand and price
The hw healthy rainy season that positively affects the rice crop in California woild increase the supply of rice and as a result the supply curve would shift to the right. The rightward shift of the supply curve would cause quantity to rise and price to fall.
This combined effect would lead to a rise in quantity and a rise in price by only a negligible amount.
I hope my answer helps you
Committing to the team may require you to sacrifice your individual identity in the process.
<h3>
What is individual identity?</h3>
- individual identity is a person's distinctive numerical identity over time. Determining the necessary and sufficient conditions under which a person at one moment and a person at another time can be said to be the same person, persisting through time, is the usual goal of discussions about personal identity.
- The issue of individual identity is known as the diachronic problem of individual identity in modern metaphysics.
- The synchronic problem revolves around the issue of what characteristics and attributes define a person at a specific period. Both continental and analytical philosophy consider the nature of identity.
- When faced with various philosophic assertions, postulates, and presuppositions about the universe and its nature, continental philosophy attempts to conceptually maintain identity.
To learn more about individual identity with the given link
brainly.com/question/6971003
#SPJ4
Question:
Becoming a team member requires you to integrate your efforts with others in the pursuit of achieving a common goal. Which of the following actions may require you to sacrifice your individual identity in the process?
Answer:
d. leverage
Explanation:
Leverage -
It is a type of investment strategy , where the borrowed money is used .
It is the method by which the firm or an organisation is expanded by using the borrowed money as the capital and funding , is referred to as leverage .
Hence , from the given scenario of the question,
The person uses borrowed money to increase the potential return of an investment .
Hence , from the question,
The correct term is leverage .
Answer:
The 99% confidence interval for the proportion of students who attend summer school is (0.306, 0.44)
Explanation:
Let the proportion of students who will return be:
p = 120/320 = 0.375
q = 1 - p = 1 - 0.375 = 0.625
The sample size, n = 32
0
The Z value for a 99% confidence interval is: 2.576
The confidence intervale is given by:
0.375 ± 2.576 * √(0.375*0.625)/320
0.375 ± 2.576 * 0.027
0.375 ± 0.069
UPPER limit 0.44
LOWER limit 0.306