Answer:
C. make an economic profit
Explanation:
Demand increase means the shifting of the demand curve to the right. At the same quantity new price will be higher than old price.
Regardless of whether a firm choose to produce more phones (if marginal cost increases more than marginal revenue they may choose not to) they can earn more revenue at the same quantity produced and make an economic profit.
The American system of democracy would be in serious trouble without
- The reporting of skilled journalists
<h3>What is Democracy?</h3>
This is simply a system of government that is based on the principle of representative government where the people are represented in government.
With this in mind, we can see that skilled journalists are responsible for holding the American leaders responsible to the people by making reports of their actions and inactions and without this, democracy would be in serious trouble.
Read more about democracy here:
brainly.com/question/26100096
He may be over qualified so they dont think he'll stay long, or he may have had past money problems meening he wouldnt be trust worthey anoth.
hope that helps :)
Answer:
The answer are:
- Vince Victim´s lawyer
- Burglar Bob will have to pay a monetary compensation.
- The District Attorney
- Burglar Bob will have to spend some time in jail.
Explanation:
Vince Victim´s lawyer is responsible for bringing the civil case against Burglar Bob. If Vince wins, then Burglar Bob will probably have to pay a certain amount of money to Vince Victim in compensation for the damages he caused.
The District Attorney´s office is responsible for bringing the criminal case against Burglar Bob. If the jury finds Burglar Bob guilty then he will probably spend some time in jail.
Answer: These data are insufficient for calculating the elasticity of demand because we also need to know the <em><u>percentage decrease in the production of corn
.
</u></em>
The price elasticity of demand is defined as the percentage change in the quantity divided by the percentage change in demand.
The data gives the percentage change in demand in numbers (-25%). However, although there is a description of the effect of the drought on corn production, there is no numerical data that indicates the percentage change in the quantity. Hence this data is insufficient to calculate the elasticity of demand.