Answer:
Explanation:
Price elasticity = Percentage change in demand/Percentage change in Price
Percentage change in Q= 513-236=277/513x100 = 53.99%
Percentage change in P= 0.89-0.67= 0.22/0.67x100 = 32.83%
Ed=53.99/32.83 = 1.6
Since the price elasticity of demand is elastic so the company should decrease the price to increase revenu
Answer:
Social workers should take appropriate safety training and practice safety measures because they are working with clients who may have a variety of issues. Social workers work with people who may have mental illness or be under the influence of drugs or alcohol. Social workers also visit client’s homes on their own, so it is essential for them to know how to be safe.
Hope it helps,
Please mark me as the brainliest
Thank you
Answer:
Average waiting time = 7.5 minutes
Explanation:
UTD private secretary can type the number of letters = 4 per hour by each.
By professor, the letter generated = 3 per hour by each
Thus by pooling the average time will be the time that comes by dividing the one hour with total letters in an hour.
Use the below formula:
Average waiting time = Minutes in one hour / total letters
Average waiting time = 60 / 8
Average waiting time = 7.5 minutes
The monetary supply in the United States is based on fiat money which means that it is not true that A) America's fiat money is currently backed by gold deposits at the Federal Reserve.
The American dollar is a fiat currency which means that it is not backed by any sort of mineral deposits be it gold or silver. The gold deposits at the federal reserves are therefore not used to back the dollar.
The dollar is instead backed by the U.S. government and its policies which aim to keep the American economy stable.
The<u> other options are wrong</u> because:
- It is true that the USD being legal tender means it can be used to pay for debt.
- It is also true that the demand for money increases based on the volume of transactions in the economy.
In conclusion, the U.S. Dollar is not backed by the gold deposits in the Federal reserve but rather by the American government itself.
<em>Find out more at brainly.com/question/2222040.</em>
