Answer:
$3.62
Explanation:
Elasticity of demand = percentage change in quantity demanded/ percentage change in price
1.3 = 60% / percentage change in price
Percentage change in price = 60/1.3
=46.15%
Price has to rise by 46.15% or 0.4615
0.4615 = (x - 2.48) / 2.48
1.14 = x - 2.48
X = 3.62
Price has to rise to $3.62 to achieve a 60% reduction.
I hope my answer helps you
Answer: The correct answer is "millions".
Explanation: Every year <u>millions</u> of americans require medical treatment from product related accidents.
Since the rise of globalization and the emergence of the Internet, society is increasingly dedicated to consumption, which causes more people to require medical services related to the use of products every year.
Answer:
Incubators
Explanation:
In north american context the incubators refers to small places for business provided on low rent.
Basically in the given context, the space for new shops for businesses is given by state and city government, this clearly states that because of involvement of government the prices of such place would be really low as compare to private rental spaces.
This provides that because of this facility incubators will grow.
B.
It says Liza is risk tolerant, therefore it would make sense that she would hold on to these stocks as risk tolerant people often hold onto stocks in the long term.
