Answer:
The good is considered a necessity.
Explanation:
Price elasticity of demand is a measure of the sensitivity of demand for a good or service to changes in the price of that product. We say that the price elasticity of demand is elastic when a percentage change in the price of this good has major impacts on demand. On the contrary, we say that the price elasticity of demand is inelastic when variations in the price of goods have little or no influence on demand.
Usually elastic goods are those that can be replaced, so that rising prices cause a drastic drop in demand that will flow to another product. For example, if the price of the burger rises, consumers may stop buying burgers and substitute pizza (assuming these products are substitutes). On the contrary, if the good is needed, it usually tends to be inelastic, that is, the price increase does not considerably decrease the demand, because consumers need this good. For example, medicines.
Answer:
A will has legal impact after you have passes away and has to be filed with the court.
A living will is similar to a regular will be takes effect while you are still alive to figure out where your assets should be placed.
A trust is an agreement that allows a third party to hold the assets on behalf of a beneficiary.
A prenuptial agreement is an agreement made before a marriage that explains what should happen to their assets in the event their marriage does not last. This is common in famous people due to the amount of money they have.
Explanation:
It is a well-known fact that water is a basic need of a human being in order to survived. Generally, a person is known to survive for only 3 days without water. Thus, the best thing that I would send to a person who bought a house with no water is any amount of water which will allow them to survive until they procure their own supply.
Answer: Option A
Explanation: A convenience store might be part of a gas / petrol station, allowing consumers to easily buy goods and services when fueling their vehicles. It may be situated along a busy highway, in a metropolitan area, alongside a train or train station, or at another regional hub.
Generally convenience stores charge significantly higher prices than traditional grocery stores or supermarkets, as these wholesalers order limited stock amounts at higher per-unit prices. Convenience stores, however, compensate for this deficit by providing longer open hours, more locations and shorter cashier lines.
