Business
Business, 07.10.2021 14:00, stellaglenn205

the income elasticity of demand is a measure of the responsiveness of the demand for a good or service to a change in , other things remaining the same.

answer
Answers: 3

Other questions on the subject: Business

image
Business, 22.06.2019 16:00, anonymous1813
Winners of the georgia lotto drawing are given the choice of receiving the winning amount divided equally over 2121 years or as a lump-sum cash option amount. the cash option amount is determined by discounting the annual winning payment at 88% over 2121 years. this week the lottery is worth $1616 million to a single winner. what would the cash option payout be?
Answers: 3
image
Business, 22.06.2019 18:30, thomaskilajuwon
Afarmer is an example of what kind of producer?
Answers: 2
image
Business, 22.06.2019 19:30, jaybeast40
Oz makes lion food out of giraffe and gazelle meat. giraffe meat has 18 grams of protein and 36 grams of fat per pound, while gazelle meat has 36 grams of protein and 18 grams of fat per pound. a batch of lion food must contain at least "46,800" grams of protein and 70,200 grams of fat. giraffe meat costs $1/pound and gazelle meat costs $2/pound. how many pounds of each should go into each batch of lion food in order to minimize costs? hint [see example 2.]
Answers: 1
image
Business, 22.06.2019 20:10, boofpack9775
As the inventor of hypertension medication, onesure pharmaceuticals (osp) inc. was able to reap the benefits of economies of scale due to a large consumer demand for the drug. even when competitors later developed similar drugs after the expiry of osp's patents, regular users did not want to switch because they were concerned about possible side effects. which of the following benefits does this scenario best illustrate? a. first-mover advantages b. social benefits c. network externalities d. fringe benefits
Answers: 3
Do you know the correct answer?
the income elasticity of demand is a measure of the responsiveness of the demand for a good or servi...

Questions in other subjects:

Konu
Mathematics, 26.02.2021 06:40
Konu
English, 26.02.2021 06:40