Scientists can determine the age of the tree based on how many rings are in the trunk of the tree
Answer: C. Stalin and Hitler signed ….
Explanation: i just took the test.
Pro- kids get to experience the outside world more and army glued to there phones at such a young age
con- phones are very helpful in emerging and provide something to do when bored
When the above situation occurs, we can say that the income elasticity of demand for automobiles is<u> 1.2.</u>
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<h3>What is the income elasticity of the automobiles?</h3>
This can be found by the formula:
= Change in quantity demanded of automobiles / Change in income
Solving gives:
= 30% / 25%
= 1.2
In conclusion, the income elasticity here would be 1.2.
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