This kind of reasoning is said to be DEDUCTIVE REASONING.
Deductive reasoning is the process of reasoning based on multiple premises that are generally believed to be true. Deductive reasoning usually moves from the general to the specific. For instance, in the question given above, Jason reasoned that if other products are sold at discounted prices, then the items that are newly available will also be sold at discounted prices.
Answer:
cross price elasticity of demand = 1.8
Explanation:
cross price elasticity of demand = % change in quantity of X / % change in price of Y
cross price elasticity of demand = 9% / 5% = 1.8
When the cross price elasticity of demand is positive, it means that the products are substitutes. If the cross price elasticity is negative, then the products are complements.
Communism there is No private ownership,central government,No class Distinction, Production for basic needs.
For socialism there is limited Private owner ship, government and private entities,Limited class distinctions and production for societal needs .
Answer:
Master Production Schedule (MPS)
Explanation:
Master production schedules are plans for individual products to be produced. The plans specify the time a specific product is produced, inventory needs, staffing needs, etc. A master production schedule or MPS will quantify raw materials, processes, and other resources needed to optimize production. (optessa.com)
Answer:
Time period corresponds to recession is D. 1937-1939
Step-by-step explaination:
Recession period is the period in which there is negative growth in stock market i.e that period in which the graph declines or accompanied by drop.
In the given interval 1931-1935 upto period 1933 the graph declines but after that it increases so it does not corresponds to recession period.
In the given interval 1931-1934, same reason as above.
In given interval 1933-1936, the graph goes to upward direction so it does not corresponds to recession period.
In the given interval 1937-1939,the graph declines upto 1939 so it corresponds to recession period.
