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Rainbow [258]
2 years ago
10

Research and find out about the changes in business sectors of Pakistan from 1947 to date. Give reasons for the changes you have

identified. (10)
Business
1 answer:
serious [3.7K]2 years ago
3 0

Answer:

Since Indian independence in 1947, the economy of Pakistan has emerged as a semi-industrialized one, the on textiles, agriculture, and food production, though recent years have seen a push towards technological diversification. ... Pakistan suffered its only economic decline in GDP between 1951 and 1952.

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Suppose that the price of peanuts falls from $3 to $2 per bushel and that, as a result, the total revenue received by peanut far
Arturiano [62]

Answer:

A) the demand for peanuts is inelastic          

Explanation:

Since in the question it is given that the price of peanuts is fall fro $3 to $2 per bushel which shows the decreased in price while at the same time the revenue received is also decreased from $16 to $14 that results in demand for peanuts is inelastic          

As we know that

Inelastic = When elasticity is less than one

So in the given case since the price and revenue received is decrease therefore the demand is inelastic

4 0
3 years ago
2. What are two measures of inflation?
ddd [48]

Answer:

CPI and WPI

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8 0
3 years ago
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pshichka [43]

Answer:

A. ​$869

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If it charges a price below of their full cos and mark-up it wouldn't be able to sustain it in the long-term

When company's receive a one-time-only then, they may be willing to charge a lower price to cover a portion of their fixed cost when there is spare capacity but, in long-term they will have to charge at full cost else, they will lose money

3 0
2 years ago
Which of the following holds a company liable for negligence in the production, design, sale, or use of products the firm market
matrenka [14]

Answer:

Product liability

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So for a product that is defective the company is liable and will bear the cost of product defects.

When defective products cause harm to the consumer, they can sue the company court.

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4 0
3 years ago
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Fed [463]
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3 0
3 years ago
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