mount Everest witch is 29,029 ft
The income elasticity of demand for bagels is 0.48. Bagels is a normal good. Income elasticity of demand for donuts is -0.31. Donuts is an inferior goods.
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What is income elasticity of demand?</h3>
Income elasticity of demand measures how the quantity demanded of a good changes when there is a change in income. Inferior goods have a negative income elasticity. Normal goods have a positive income elasticity.
Income elasticity of demand = percentage change in quantity demanded / percentage change in income
Income elasticity of demand for bagels:
percentage change in quantity demanded = (10 /6) - 1 = 0.667 = 66.7%
percentage change in income = ($6000 / $2500) - 1 = 1.4 = 140%
Income elasticity of demand = 66.7 / 140 = 0.48
Income elasticity of demand for donuts:
percentage change in quantity demanded = (8/14) - 1 = -0.429 = 42.9%
percentage change in income = ($6000 / $2500) - 1 = 1.4 = 140%
Income elasticity of demand = -42.9/ 140 = -0.31
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Answer:
The elements of the visual environment and their affect on the health are:
Uses of the heavy metals in the environment are released into the soils from the landfills which contain the household waste and the industrial waste in the nature and it the by product of the mining ores.
Quality food production and the security of the food contain many components like production of the sufficient amount of the food and the contents in the food products.
Answer:
belonging to a political party or movement nationality
Explanation:
An ecosystem has abiotic(no living things like water and wind) and also biotic(living things) while a community is biotic things