The good has an income elasticity of demand of -2. 0. This means that the good is <u>inferior goods.</u>
<h3>What are the characteristics of inferior goods?</h3>
An inferior good occurs when an increase in income causes a fall in demand.
An inferior good has a negative income elasticity of demand. (YED) Inferior goods are characterized by low quality – and are goods with better alternatives.
Suppose that good has an income elasticity of demand of -2. 0. This means that the good is <u>inferior goods.</u>
An inferior good is one whose demand drops when people's incomes rise. When incomes are low or the economy contracts, inferior goods become a more affordable substitute for more expensive goods.
Inferior goods are the opposite of normal goods, whose demand increases even when incomes increase.
Hence, the good has an income elasticity of demand of -2. 0. This means that the good is <u>inferior goods.</u>
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Answer:
10) Supplementary; 11) Supplementary; 12) Complementary
Step-by-step explanation:
Sum of supplementary angles equals 180° while sum of complementary angles equals 90°.
For question 10
x + 70° = 180° (sum of straight lines)
x = 180° - 70° = 110°
Hence, 70° and 110° are supplementary angles.
For question 11,
x + 85° = 180° (sum of straight lines)
x = 180° - 85° = 95°
Hence, 85° and 95° are supplementary angles.
For question 12,
x + 32° = 90° (sum of right angles)
x = 90° - 32° = 58°
Hence, 32° and 58° are complementary angles.
Answer:
240 mi^3
Step-by-step explanation:
Base area = length x width = 10 x 8 = 80 mi^2
V = (base area x height)/3 = (80 x 9)/3 = 240 mi^3
17-9=8
3x2=6
8x6=48
48/2=24
24
