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astraxan [27]
3 years ago
13

Ann lives in Princeton, New Jersey, and commutes by train each day to her job in New York City (20 round trips per month). When

the price of a round trip goes up from $10 to $20, she responds by consuming exactly the same number of trips as before, while spending $200 per month less on restaurant meals. Does the fact that her quantity of train travel is completely unresponsive to the price increase imply that Ann is not a rational consumer
Business
1 answer:
qaws [65]3 years ago
7 0

Answer:

Yes

Explanation:

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majority rule

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3 years ago
For a linear demand curve: Multiple Choice a) elasticity is constant along the curve. b) elasticity is unity at every point on t
Masteriza [31]

Answer:

Option (d) is correct.

Explanation:

Linear demand curve represents the relationship between the price of the goods and the quantity demanded for a particular good and there is a inverse relationship between the price of the goods and quantity of goods demanded.

The linear demand is elastic in nature at relatively higher prices. If there is a any increase in the price level then as a result the quantity demanded for that good decreases. Slightly change in the price level will lead to larger change in the quantity demanded.  

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Cause marketing.

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4 years ago
How much the top managers support a change and how capable employees are of handling a change are important considerations of.
Artemon [7]

The ability of top managers to support a change and how capable employees are of handling a change are important considerations of how ready an organization is for change

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This refers to the act of organizing workers in order to maximize their potential and output.

Here, we can note that when we are considering the ways in which organizations are ready for change, we would look at the ability of top managers to support a change and how capable employees are of handling a change because this shows their level of readiness.


Read more about management here:
brainly.com/question/1276995

4 0
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Learn more about Activity-based costing here: brainly.com/question/6654166

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