What are the advantages a market economy offers producers? (there is more than one answer)
A: minimal government intervention
B: property rights
C: monopoly of bigger companies
D: free advertising for small businesses
E: free labor
But the answer is C and D
The repetition of the phrase "do i dare?" three times indicates that: he is indecisive.
One of the central themes that were explored in "The Love Song of J. Alfred Prufrock" is the social anxiety that he experiences.
He is worried about people's conception of him and that is why before he descends the stairs, he wonders if he can dare face the people because of the bald spot in the middle of his head and several other insecurities.
So, option A is correct.
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The matching of the demand as relatively elastic or relatively inelastic can be done as;
- Klaus' demand for orange juice (Relatively elastic)
- Amanda's annual demand for coffee(Relatively elastic)
- Jackson's demand for mystery novels(Relatively inelastic)
- Hermy's demand for Minute Maid orange juice(Relatively inelastic)
- Olivia's daily demand for Starbucks latte(Relatively inelastic)
- Stephen spends a very little part of his income on soda(Relatively elastic)
- Xavier's demand for his economics textbook(Relatively inelastic)
<h3>What is Elasticity of demand?</h3>
Elasticity of demand can be regarded as the variation on the concept of demand.
It should be noted that elastic demand involves change in quantity demanded as a result of change in price.
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Culture and technology have allowed anatomically modern humans to adapt beyond our biological limits.
Culture is what makes us human, and different from animals. We have developed culture over a long period of time, and even though it changed throughout the ages, it is what defines us nevertheless. And obviously technology is advancing the society to an even greater extent.
