Answer:
Yes, US should emphasise on its toy trade relationship with China. Yes, US can control China's manufacturing.
Explanation:
Yes ! As 80% of toys sold in US are being manufactured in China, former should place greater emphasis on its toy trade relationship with latter.
US can also control china's manufacturing more, by levying higher quality standards for toys - to be accepted as imports by US.
US gets major domestic toy demand satisfied from chinese toy imports. So, its crucial & worth emphasising for it. China also exports significant toys to US, so it's export production can be controlled by US.
Answer: True
Explanation:
Endpoint elasticity measures the price change and demand during the endpoint of the change. It uses a simple formula for the calculation of the price and the demand relationships. The formula is:
= (D2 - D1)/D1 ÷ (P2 - P1)/P1
where,
D2 = new demand
D1 = initial demand
P2 = new price
P1 = initial price.
The statement that "The endpoint method computes the percent change as a percent of the starting value" is true.
Soup chicken is good yes it is yes is entertain me
Answer:
C
Explanation:
LRAS would shift left because there would be fewer workers available to produce goods at any given price. however sras is capable of shift left and right.
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Answer:
The demand curve would be a downward straight line graph.
Explanation:
This type of curve is referred to as inelastic demand curve because the decrease in price would not result to an increase in quantity purchased as explained by the question. Majority of the reservation, precisely 25 people from the question are willing to pay reservation proce of 500 as compared to one person whose reservation is different.