Answer:
C. low-income countries characterized by limited industrialization and stagnant economies
Explanation:
Emerging markets are economies of developing countries. They are traditional economies based on the export of raw material and subsistence agriculture. Emerging markets are trying to move away from these types of economies by investing in manufacturing and adopting mixed economy models. Emerging markets are transitioning from low income and less developed to industrialized economies with higher standards of living.
Lower than average per capita income characterizes emerging markets. They also experience moderate economic growth compared to the developed economy. However, emerging markets are presenting investors with an opportunity for high returns due to their rapid growth.
Answer:
inelastic demand
Explanation:
Price elasticity of demand (PED) measures the proportional change in quantity demanded when the price of a product or service changes:
- when a 1% decrease in price, increases quantity demanded in a smaller proportion, the PED is said to be inelastic.
- when a 1% decrease in price, increases quantity demanded in a larger proportion, the PED is said to be elastic.
- when a 1% decrease in price, increases quantity demanded in the same proportion, the PED is said to be unit elastic.
In this case, the decrease in price (-2%) barely increased the quantity demanded, therefore, the PED is inelastic.
Answer:
offset their losses with gains.
Explanation:
Rates of operant responding are <u>higher</u> for fixed-ratio than for fixed-interval schedules; they are <u>higher</u> for variable-ratio then for variable-interval schedules.
Rates of operant responding are higher for fixed-ratio because on the interval contingency the higher response rates observed on ratio than on matched interval reward schedules has been assigned to the differential reinforcement of longer inter-response times (IRTs).
In the fixed-ratio schedule, as the ratio increases, resistance to extinction increases. On the other hand, in the fixed-interval schedule, resistance to extinction increases as the interval lengthens in time.
Hence, rates of operant responding are higher for fixed-ratio and for variable-ratio.
To learn more about rates of operant here:
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False
It’s it’s too good to be true then theirs a catch which makes the deal worse