Business, 18.09.2019 05:20 joannegrace4898
If the country enters a period of prosperity, resulting in consumer income increasing by 4% and the income elasticity of a good is 0.8, what will happen to the demand for that good as a result? a. demand will increase by 1.2%b. demand will increase by 3.2%c. demand will increase by 4.8%
Answers: 2
Business, 22.06.2019 00:20
Suppose an economy consists of three sectors: energy (e), manufacturing (m), and agriculture (a). sector e sells 70% of its output to m and 30% to a. sector m sells 30% of its output to e, 50% to a, and retains the rest. sector a sells 15% of its output to e, 30% to m, and retains the rest.
Answers: 1
Business, 22.06.2019 00:50
Hanna intends to give her granddaughter, melodee, her antique hat pin. this heirloom has been kept under lock and key in the wall vault in the library of hanna's house in virginia. the hat pin is currently the only item in the vault. when hanna is visiting melodee in connecticut, hanna gives melodee the only key to the vault. melodee is grateful for the present and excitedly accepts. in this situation has there been a completed gift?
Answers: 3
Business, 22.06.2019 11:20
You decided to charge $100 for your new computer game, but people are not buying it. what could you do to encourage people to buy your game?
Answers: 1
If the country enters a period of prosperity, resulting in consumer income increasing by 4% and the...
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