Answer:
no, since other things are not held constant, including her income
Explanation:
The law of demand states that price has an inverse relationship with quantity demanded of a good. As price increases the demand reduces, and as price decreases quantity demanded increases.
However this is true when all other factors reman constant.
In the given scenario the price of hamburger has fallen but Hilary buys less of it. This looks like a violation of the law of demand, but her income has changed so the law of demand may not hold here.
All factors do not remain constant.
Hilary's behaviour can be explained by the concept income effect. Where an increase in income leads to the consumer buying more of expensive goods than cheaper ones.
Employee theft is the most common type of fraud.
<h3>What is fraud?</h3>
Fraud is a deliberate act of deception intended to give the offender an unauthorized benefit or to deny the victim of a right. Tax fraud, credit card fraud, wire fraud, securities fraud, and bankruptcy fraud are all examples of fraud. Fraudulent conduct can be committed by a single person, a group of people, or an entire company.
<h3>How does financial fraud work?</h3>
Financial fraud is a crime that involves hacking into accounts and transactions in order to benefit the perpetrator financially. People must be aware of financial fraud because it has become more prevalent as a result of the growing payments sector and widespread usage of credit and debit cards.
<h3>
What is phishing?</h3>
The growth of online banking and the overall expansion of the cyber world have made it possible for fraudsters to use online channels to target online bankers. Phishing emails can be sent to online bankers under the guise of being from a bank, allowing them to seek users' login information and passwords without coming off as unusual. All of the financial information of online bankers who fall for this phishing email will be stolen for the scammer's gain.
Learn more about Fraud:
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If the rectangular field has notional sides
x
and
y
, then it has area:
A
(
x
)
=
x
y
[
=
6
⋅
10
6
sq ft
]
The length of fencing required, if
x
is the letter that was arbitrarily assigned to the side to which the dividing fence runs parallel, is:
L
(
x
)
=
3
x
+
2
y
It matters not that the farmer wishes to divide the area into 2 exact smaller areas.
Assuming the cost of the fencing is proportional to the length of fencing required, then:
C
(
x
)
=
α
L
(
x
)
To optimise cost, using the Lagrange Multiplier
λ
, with the area constraint :
∇
C
(
x
)
=
λ
∇
A
∇
L
(
x
)
=
μ
∇
A
⇒
μ
=
3
y
=
2
x
⇒
x
=
2
3
y
⇒
x
y
=
{
2
3
y
2
6
⋅
10
6
sq ft
∴
{
y
=
3
⋅
10
3
ft
x
=
2
⋅
10
3
ft
So the farmer minimises the cost by fencing-off in the ratio 2:3, either-way
An entrepreneur is a person who takes her wrist and starting a business
