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Artemon [7]
3 years ago
9

In 2 Sentences write down What is Economics

Social Studies
2 answers:
Alex Ar [27]3 years ago
7 0
Economics is the study of how society uses its limited resources. The types of economy are pure market economy, pure command economy, traditional economy, and mixed economy.
Verdich [7]3 years ago
4 0

Answer:

There are four types of economies:

Pure Market Economy.

Pure Command Economy.

Traditional Economy.

Mixed Economy.

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lutik1710 [3]

Answer:

i think it's b

Explanation:

8 0
2 years ago
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Are private organizations that are created to raise and distribute campaign money to candidates for political office.
PIT_PIT [208]
The political action committees are private organizations that are created to raise and distribute campaign money to candidates for political office. <span><span>is an organization that is registered in the Federal Election Commission and aims to raise money to elect or defeat a candidate. So, the right answer is D.</span>
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7 0
3 years ago
In the computer market Lenovo estimate that price elasticity of it's super lite computer -12.64 and the cross price elasticity o
Andrews [41]

Answer:

Lenovo reduced the price of the model by 9% because it is what the calculations of price elasticity and cross price elasticity is telling the company to do.

A negative -12.64 price elasticity of demand means that the quantity demanded for the product falls more than the price rises. For this reason, the company found it necessary to reduce the price, in order to prevent a fall in demand.

A positive cross price elasticity of 9% means that the quantity demanded for this product will increase more than the reduction in price when compared to another product (likely a substitute, for example: a computer produced by another company). For this reason, Levono decided to lower the price, because the loss in revenue from the price reduction will be offset by the higher demand.

3 0
2 years ago
What is mass consumption
sp2606 [1]

Answer:

The buying of goods in large quantities.

8 0
3 years ago
Have you ever helped the physically challenged people or the people other language, caste, region? How did you help them?​
jeyben [28]

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my brother has autism i don't help him alot he's pretty smart

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