1. If a 10% increase in price leads to a 40% decrease in quantity demanded, what is the value of price elasticity of demand? Show your work. 2. Which of the following will cause the demand for a good or service to be inelastic? · Having few substitutes . Alonger time period · Being a luxury · Being a large share of the consumer's budget 3. If the price elasticity of demand is equal to 0.5, is demand elastic, inelastic, or unitary elastic?

Q: three types of business activities? Distinguish one from the other

A: Business activity can be considered as an economic activity and a profession at the same time.…

Q: Write a note on easy writing and discuss types of eassys

A: Essay writing would mean simple writing Writing that would include systematic paragraph…

Q: What are the benefits gained by using MyFloridaMarketPlace portal?

A: MyFloridaMarketPlace (MFMP) is an award-winning eProcurement system of Florida state. The MFMP…

Q: What plan that suggest alternative steps when faced with issues or failure?

A: An activity plan is composed with the goal that any representative can do the assignment effectively…

Q: Describe the steps you will take to create your financial plan and budget

A: We show the The first step is to define and agree on your financial goals and objectives.   A…

Q: The South Korean Government in the 1970s decided to follow a strategy of increased investment in…

A: Scarcity refers to the limited availability of resources, that are used to produce goods and…

Q: Answer the questions a through f

A: As per company policy we are only supposed to answer one question up-to 3 subsets in one session, so…

Q: 1. I, Jelaika Jade Locsin Montesa, a fresh graduate of the University of Santo Tomas wish to inform…

A: This sentence is not effective because it is too long and flowery. It also does not specifically…

Q: In a business Finance/Budgeting situation, create a budget for month-long vacation trip to Australia…

A: The technique of controlling one's income and expenses in order to meet financial objectives is…

Q: What is the matter economic

A: Discussing the "matter" of economics involves exploring its fundamental components and core…

Q: Pompeii's Pizza has a delivery car that it uses for pizza deliveries. The transmission needs to be…

A: We are going to use present value approach to answer this question.

Q: The Process of Communication Essay

A: Communication is the process of bringing individuals together in order to organise them around a…

Q: I have placed every visual near the place I write about it. The reader can see the visual without…

A:

Q: Choose one of the following essay questions and write a thorough response (1-3 paragraphs). I. II.…

A: It's crucial that we pay attention to the precise terminology used in both the queries and the…

Q: What is a business and how does it work?

A: The term business refers to the combine efforts of individuals who are engaged in the profit-making…

Q: What is the organization’s main activity at a particular time?

A: Many people and activities make up an organization. Companies strategize for the future while also…

Q: The option or alternatives from which decision are made

A: Alternatives ought to reflect generously various ways to deal with the issue or various needs across…

Q: A list of references or citations in an article is a good place to look for additional sources. True…

A: References or citations are used to give credit or refer to the source from which information is…

Q: blanks

A:

Q: Judging types O Miss deadlines Take a long time to make decisions Are judgmental people Come through…

A: "Judging type" is a term often used in personality typing systems like the Myers-Briggs Type…

Q: Sasha and Brian just bought their new home, a high-rise condo located downtown. They measured the…

A: Consumer decision making process is that when consumer makes decisions about consumerable like…

Q: The South Korean Economy in the 1970s faced a choice between Consumption and Investment. This…

A: The three economic problems which any economy faces are: (i) The needs of the human beings are…

Q: Bill goes to the market to buy some apples. The cost of the apples that he likes is $1.25 per pound.…

A: Consumer theory explores how consumer make choices to maximize their utility based on their…

Q: please answer second question as a different question now!

A: Investment can refer to physical assets such as machinery, buildings, and land, or financial assets…