The issues are as follows:
1) nutrition.
2) financial aid.
3) hearing and vision tests.
4) legal help.
The issue that cannot be addressed by the faculty members at the high school is the legal help.
Fourth option is the correct answer.
<h3>What is meant by a high school?</h3>
A high school is the place where the students are studying in the grades from 9th to 12th.
The faculty members of the high school are addressing the issues relating to financial assistance, testing of hearing and eye vision and the nutritional requirements.
Therefore, the legal help being the issue which could not be addressed by faculty members in the high school.
Learn more about the faculty members in the related link:
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A: The four types of economic utility are form, time, place and possession. "Utility" in this context refers to the value, or usefulness, that a purchaser receives in return for exchanging his money for a company's goods or services.
Answer:
The income elasticity of demand for dog biscuits is Option D: positive, and dog biscuits are a normal good.
Explanation:
'Income elasticity of demand' refers to the reaction of the demand in quantity for a good or service to that of change in income.
'Normal goods' are the goods that are related positively with income whereas 'inferior goods' are those goods which are related negatively with income. As the income increases, there is a rise in demand for the dog biscuits. This means the dog biscuits are normal goods. Income elasticity for demand is positive for Danita as it is because of the rise in income. Hence, Option D is the most appropriate.
Answer: C. Firm A reduces the price to $7 causing Firm B to reduce its price to $4.50.
Explanation:
Since firm A is impatient to earn more profits and Firm B wishes to last in the business for the long-run, then Firm A will reduce the price to $7 causing Firm B to reduce its price to $4.50.
Since Firm A reduces the price to $7, this will lead to an increase in the quantity demanded of the product and therefore the firm can earn more profit. On the other hand, firm B will reduce its price to a point where the price meets the marginal cost which is $4.50.
