Answer:
b. inelastic
c. Yes - it decreased
Explanation:
Elasticitiy of demand measures the responsiveness of quantity demanded to changes in price.
Elasticity of demand = percentage change in quantity demanded/ percentage change in price
= -2/4 = -0.5
The absolute value is 0.5
If the absolute value of the coffiecnet of elasticity of demand is less than one, demand is inelastic.
Demand is inelastic if a change in price has no effect on quantity demanded .
We can tell that the quantity demanded fell because of the negative sign in front of the percentage change in quantity demanded.
I hope my answer helps you
Answer: To introduce environmental standards
Explanation:
Star synergy can tackle this problem by introducing the company's original factory prototype for environmental standards in their less developed nations where other producing units are based.
Answer:
The correct equation is
*income – income tax = disposable income
Explanation:
Disposable income shows the income that can be used for personal uses after the mandatory income taxes are paid to the government.
Disposable income is an important concept in economics as it allows to reasonably deduce how the income taxes has to be adjusted and how the taxes will effect the consumption and savings by the individuals.
More disposable income for individuals generally means that person may have a higher standard of living. But if most of that income is spent on consumption rather than savings and investing, then the economy loses its advantage.
Atnswer:
b. lifecycle fund
Explanation:
as from now to 2050 are still remaining 31 years, the money invested is able to go under different risk profiles, looking for getting the maximun return, the lifecycle fund is an excellent choice, it is because this kind of strategies changes according the risk of its costumer changes. it is expected to have during the first years a high exposition to risk such as equity or derivatives, and the more age of the costumer the lower risk profile, so the closer to 2050 the more expected investment into low risk assets, such as fixed income (this is made for having the less losses possible)
Answer:
obtaining a low interest rate on a loan
Explanation:
