<span>Grapes are a(n) "normal good" with an income elasticity of demand of "0.8". A normal good is a good for which an increase in income results in increased demand, while decreased income results in decreased demand. Thus, we know that the first blank is "normal good" by the definition of a normal good becuase median income fell and demand for grapes fell. The X elasticity of demand is given by (%change in Demand)/(%change in X), where x is any economic variable (income in this case). Thus, to find the elasticity, we divide 12% by 15%. 12%/15%=.08.</span>
Answer: 7.23 times
Explanation:
Cash coverage ratio = Cash available/ Interest expense
Cash Available = Net Income before tax + Interest expense + Depreciation
= (40,825 / (1 - 24%)) + 10,320 + 10,570
= $74,607.11
Cash coverage ratio = 74,607.11/10,320
= 7.23 times
Answer:
1.Nigeria is a country where most economic production results in air pollution.
2. A healthier environment with longer life spans would be a trade-off for reduced air pollution.
Explanation:
A trade-off is what a person stands to gain or lose in exchange for something else. Nigeria is a country with many industries located around residential buildings. These industries tend to produce gas flares that are inimical to the health of the inhabitants. Residents in these areas tend to develop serious and complicated health issues because of air pollution.
Reducing this air pollution will result in improved health for residents and longer life spans.
A withholding you might see on your pay stub can include a retirement savings or a health insurance payment.
