1. Average consumer income increases by 5%. Which of the following must be true for a normal good?
A. The demand for the good increases by 5%
B. The demand for the good decreases
C. The demand for the good does not change
D. The quantity demanded for the good increases
E. The quantity demanded for the good decreases

2. If the cross-price elasticity of demand between goods X and Y is 1, which of the following must be true?
A. Both goods have unit elastic supply.
B. An increase in the price of good X leads to a decrease in the quantity demanded of good Y.
C. They are substitutes.
D. A percent change in the price of good X is matched by an equal change in the price of good Y.
E. They are both normal goods

3. Which of the following is essential to measure the elasticity of supply ?
A. A percentage change in quantity
B. The price of the good
C. The particular unit of measurement for the good in question
D. A complete schedule for every possible combination of price and quantity
E. Whether the good is normal or inferior

4. Which statement is true if the quantity demanded of a good decreases by 10% while consumer incomes increase by 2%?
A. The income elasticity of demand is -20, and the good is inferior.
B. The income elasticity of demand is and the good is inferior.
C. The income elasticity of demand is 0.2, and the good is normal.
D. The income elasticity of demand is 5, and the good is inferior.
E. The income elasticity of demand is 20, and the good is normal.

5. An increase in the price of Good A by 20 percent results in a decrease in the quantity demanded of Good B by 2 percent. Goods A and B
A. are complements with a cross -price elasticity of demand of -0.1
B. are unrelated goods
C. are substitutes with a cross-price elasticity of demand of 40
D. are complements with a cross- price elasticity of demand of 10
E. are substitutes with a cross-price elasticity of demand of -10

Answers

Answer 1

Answer:

1. D

2. C

3. A

4. B (I assume the answer is -5 that you are missing)

5. A

Answer 2

If average consumer income increases by 5%. the thing which must be true for a normal good is:

D. The quantity demanded for the good increases

If the cross-price elasticity of demand between goods X and Y is 1, then the answer choice which must be true is:

C. They are substitutes

The answer choice which is essential to measure the elasticity of supply is:

A. A percentage change in quantity

The statement which is true if the quantity demanded of a good decreases by 10% while consumer incomes increase by 2% is:

B. The income elasticity of demand is and the good is inferior.

If there's an increase in the price of Good A by 20 percent results in a decrease in the quantity demanded of Good B by 2 percent., then Goods A and B are :

A. Complements with a cross -price elasticity of demand of -0.1

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Related Questions

have Social media improved human communication

Answers

Answer:

YES. The social media changed the way we communicated with others and constantly communicating with others

WHO DO YOU VOTE FOR! i vote for biden
`there are no right or wrong answers i just want to know`

Answers

Answer:

Statistically, Biden is going to win

Explanation:

A world-class sprinter can burst out of the blocks to essentially top speed (of about 11.5 m/s) in the first 2.6 s of the race. How much acceleration does this sprinter have during this time?

Answers

Answer:

Aceeleration = Δv/Δt  --> 11.5/2.6 = answer

Explanation:

REPHRASE THE BELOW PARAGRAPH IN SIMPLE WORDS :

Bullying is the most common type of relational and interpersonal brutality teenagers in school and school-based or related activities.

plz fast

Answers

if you see someone bully someone then you should say something or get a teacher

OSHA can't inspect every workplace. What kinds of workplaces does OSHA target to do its job?

Answers

Answer:

A. Industries with fatalities and serious injuries

 Explanation:

OSHA is an agency of the United States government that helps to ensure that people have safe working conditions by requiring companies to maintain standards and provide training. The inspections this agency does help to reduce accidents and injuries in the workplace. OSHA has had the goal to watch for employers that don't comply with the standards required and they focus on companies that have a record of violations and incidents. Because of this, the answer is that OSHA targets industries with fatalities and serious

Answer:

The answer is that OSHA targets industries with fatalities and serious injuries.

Explanation:

What does the word boom suggest about these towns? What does it suggest about the effect of migration and western expansion?

How did mining lead to statehood for many states in the West?

Do you think the American West would have been settled as quickly if the United States had remained a farming nation after the Civil War?

What conditions combined in the 1860s to make raising cattle on the Great Plains profitable?


Can someone answer these right quick?!!

Answers

Answer:

I don't know all of it, but I know that for the first part, they "boomed" for a while (we're popular), and became less and less popular, until they were deserted.

Explanation:

Pain does all of the following things except
A. indicate potential danger in environment
B. signal presence of injury in the body
C. alert body to presence of disease
D. warn the body about a natural disaster

Answers

the answer to your question is A

Answer:

A. Is the correct answer just took the test on Ed.

Explanation:

Hope this helps. Peace and Love.

50 POINTS AND BRAINLIEST You don't let Elvis off the hook so easily. His sign obviously says that his eyes are terrible. "Fine, fine," he says, "I can't see a thing. But didn't anyone else seem fishy?"
Think about every creature that you interviewed. Were there other suspicious answers? Think about a creature that seemed "alarmed" when questioned. *
Oscar
Eelvis
Leonardo
Blue

Answers

I feel like it is blue that is sus

Select the correct answer from each drop-down menu.
A dog pants in the heat to control its body temperature. Panting is a mechanism of
A. digestion
B. homeostasis
C. stimulation
that dogs use for
A. energy production
B. regulation
C. reproduction

Answers

Answer:

homeostasis and or regulation

Explanation:

when a dog pants, it is trying to control the body temperature inside of it, therefore panting is kind of balancing out the temperature.

Answer:

B. homeostasis

B. regulation

Please answer this 50 points and brainliest "Oh sure. Blame the eel. Let me guess? You watched Little Mermaid one too many times. But I'm sure I saw the turtle do it." Go back to the aquarium tour and visit the Atlantic Coral Reef. Look for the symbol featured below next to the eel and read the information. Eelvis is lying because Green Morays have __________ _________. *

Answers

Answer:

The moray eel has a row of very sharp rear-hooked teeth and opens and closes its mouth continually. It does this to keep water circulating over its gills (Green). Moray eels are the only animals that have a pharyngeal jaw that is used to catch prey (Moray)

Why is it important for people onstage and offstage in the theater to use the same vocabulary

Answers

Answer: To match the lipsing with the backstage voice artist.

Explanation:

The actor or actress working on state may not use their voice, while acting instead backstage people give voice to them. This occurs because the actress or actor at the stage may not give be attentive towards dialogue delivery or may forget the dialogues in public fear. Thus, it is advised that the actor or actress learn the script thoroughly and should not use own vocabulary or script during dialogue delivery. As it will not match with the voice recording of the actor or actress or with people working at backstage.

Did it become more or less difficult to classify organisms as you moved down the taxonomy levels (Ex. Which was easier: classifying an organism into its kingdom or species)? Why do you think this is true? Explain your answer.

Answers

Answer:

The farther I moved down the taxonomy levels it becomes harder because at the top the classifications in the domain or kingdom are very broad. The farther you move down the more specific and detailed the classifications get. Also, there are many different groupings from the family classification to the subspecies classification which makes it harder for one to classify because of the about of precision you need to classify and put an organism into which ever group it goes into.

Explanation:

The taxonomy levels because the organisms in each group are more similar as you proceed from kingdom to species, making it difficult. They are more closely linked, which explains why.

What do you mean by the taxonomy levels?

Behavioral, genetic, and biochemical variances serve as the basis for classification. Taxonomy involves the processes of characterization, identification, and categorization.

Similar categories, including kingdom, phylum, class, order, family, genus, and species, are used to classify organisms.

Because the classifications in the domain or kingdom are so vast at the top, it gets difficult as I move down the taxonomy levels. The classifications become increasingly precise and in-depth as you descend.

Therefore, the taxonomy levels because the organisms in each group are more similar as you proceed from kingdom to species, making it difficult. They are more closely linked, which explains why.

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#SPJ2

PLEASE HELP TIMED!!!!!!!!!!!!!!!!!!!!!!!! 20 POINTS
Which of the following characteristics applies to Folk Culture? Group of answer choices A. large scale
B. mostly urban
C. small scale
D. heterogenous

Answers

I believe the answer is A. large scale.

Hope this helps! :))

Historically, 79% of credit card users carry a balance from month-to-month. A certain credit card company would like to study the spending patterns of its cardholders in more detail and to start the analysis, takes a random sample of 142 cardholders. What is the probability more than 75% of these cardholders are carrying a balance?
(Use 4 decimals.)

Answers

Answer:

Historically, 79% of credit card users carry a balance from month-to-month. A certain credit card company would like to study the spending patterns of its cardholders in more detail and to start the analysis, takes a random sample of 142 cardholders. What is the probability more than 75% of these cardholders are carrying a balance?

(Use 4 decimals.)

persuade me into thinking that ur honest, *trick question*

Answers

Sorry, I didn't understand your question?

Answer:

haha I'm not.

Psychophysics is a discipline in psychology that focuses solely on the identification of stimuli.
True
False

Answers

Answer:

true

Explanation:

Psychophysics is a discipline in psychology that focuses solely on the identification of stimuli. ... Research suggests that responsiveness to stimuli decreases in dangerous situations.

Answer:

*False*

Explanation:

Psychophysics is a branch of psychology that is not only concerned with the identification of stimuli. Instead, psychophysics focuses on the relationship that exists between physical stimuli and the perceptions that they produce. Therefore, it studies the effect on a subject's experience of a stimulus, particularly as it changes across various dimensions.

You can save one object before your house burns down. What is it? What makes that object important to you? Please elaborate and 5 sentences or more.
I WILL GIVE BRAINLIST

Answers

If my house was going to burn down and I could only save one object, I would save my grandfathers guitar. I would do this because it is a family heirloom, so it is very special to me. It is also the last thing I have left of my grandfather, so I want to be able to keep this guitar for as long as I can do it can be passed down to generations after me. The guitar has already been passed down through 2 generations before me so I would like to keep the tradition going and keep it in the family. It is also a rare guitar that isn’t made anymore so it is irreplaceable to my family.

Hope this helps! :)

Which of the following most accurately describes the brain during sleep?
A.
The brain goes dormant and does not emit brain waves.
B.
The brain remains active and emits brain waves.
C.
The brain goes dormant and emits brain waves.
D.
The brain remains active and does not emit brain waves.

Answers

Answer:

B- The brain remains active and emits brain waves    :)

Explanation: The brain remains active and emits brain waves

Answer:

B

Explanation:

Took the quiz a few weeks ago and the same question is on my cumulative exam.

The problem-solving checklist outlines three steps for using critical thinking to solve problems. What are the three steps?
A) (1) think critically about the problem, (2) create an action plan, (3) compare and contrast possible solutions

B) (1) describe the problem, (2) identify facts and details, (3) define the solution

C) (1) define the problem, (2) identify available solutions, (3) select your solution

D) (1) think about possible solutions, (2) select your solution, (3) review the problem

Answers

Answer:

C) (1) define the problem, (2) identify available solutions, (3) select your solution

Explanation:

Problem solving simply means, identifying a problem, finding out the causes, then solving them.

The three steps for using critical thinking to solve problems are defining the problem, identifying the available solutions and selecting the solution. Therefore, the answer is C.

high quality papers never include creative elements or focus on well written content
T/F

Answers

Answer:

False

Explanation:

Good papers need creative elements and well written content or they would be all strange and poorly executed.

The correct answer is false

Choose the group of words that is a prepositional phrase:

cheesy pepperoni phrase

and the next day

a sunny day

under the table

Answers

Answer:

Under the table

HELP URGENT WILL GIVE BRAINLIEST IF CORRECT

Answers

Answer:

D

Explanation:

A is an example of personification rather than imagery. B and C are simply not applicable.

If e5x = k, where k is any positive number, then what is the value of X?







ap cal from edge. pls answer this question

Answers

Answer:

[tex]x = \frac{ln(k)}{5}[/tex]

Explanation:

Given

[tex]e^{5x} = k[/tex]

Required

Solve for x

[tex]e^{5x} = k[/tex]

Take natural logarithm of both sides:

[tex]ln(e^{5x}) = ln(k)[/tex]

Apply law of logarithm:

[tex]ln(e^{f(x)}) = f(x)[/tex]

So, we have:

[tex]ln(e^{5x}) = ln(k)[/tex]

[tex]5x = ln(k)[/tex]

Divide through by 5

[tex]x = \frac{ln(k)}{5}[/tex]

If the unemployment rate is 5.8 percent and the number of unemployed persons is 15 million, the number of people who are employed is approximately



Answer : 244 million

Answers

Answer:

[tex]Employed =244\ million[/tex]

Explanation:

Given:

[tex]Unemployment\ Rate = 5.8\%[/tex]

[tex]Unemployed = 15\ million[/tex]

Required

Determine the number of employed persons.

First, we need to determine the labor force.

This is done as follows.

[tex]Unemployment\ Rate = \frac{Unemployed}{Labor\ Rate}[/tex]

Substitute values for. Unemployment Rate and Unemployed

[tex]5.8\% = \frac{15\ million}{Labor\ Rate}[/tex]

Solve for Labor Rate

[tex]Labor\ Rate = \frac{15\ million}{5.8\%}[/tex]

[tex]Labor\ Rate = 259\ million[/tex]

So, we have the labor rate to be.

[tex]Labor\ Rate = 259\ million[/tex]

Next, we calculate the employed people as follows

[tex]Employed = Labor\ Rate - Unemployed[/tex]

[tex]Employed = 259\ million - 15\ million[/tex]

[tex]Employed =244\ million[/tex]

each cup of fizzy fruit drink is made a 25% real fruit juice Damien drink 4 cups of Fizzies how much real fruit juice did he consume

Answers

Answer:

The answer is 100%

Explanation:

If each cup is 25% fruit juice and he drank 4 cups, multiply 25 by 4 to get 100.


how are students chosen to receive lottery scholarships?
A. Randomly
B. First come, first served
C. Based on need
D. Based on grade point average

Answers

Answer:

A. Randomly

Explanation:

Why does Angela think Frank is rejected from becoming an altar boy? (in book: Angela's Ashes)

A.
She ascribes it to class distinction and social prejudice.
B.
She insists that Frank did not know enough Latin.
C.
She thinks it is because Frank is too fragile and weak.
D.
She believes the clergy is trying to drive her and her children out of Ireland.
E.
She thinks Malachy’s reputation as an alcoholic has blighted Frank’s prospects.

Answers

Answer: A

Explanation: angela believes its bc of social prejudice

Answer: A

Can confirm that "She ascribes it to class distinction and social prejudice." is the correct option.

HELP ASAP!!!!


3) Why do some employers use credit reports before hiring a new employee? How can having a past
due bill on your credit report impact your ability to get hired for your dream job?
Explain using at least two complete sentences.

Answers

Answer:

A credit report can used to verify someones identity backround and education to prevent theft or embezzlement and to see the candidates previous employers....so basically for security purposes

What social problems regard to the killing of Karen wood?

Answers

Answer:

Explanation:

Twenty years ago today, in a quiet backyard in Hermon, a hunter fired two shots that still reverberate in the minds of Mainers. A young mother of twin girls, Karen Wood, lay dead. Game wardens arrested Bangor hunter Donald Rogerson.

A husband had lost his wife. Two children had lost their mother. A hunter and his family saw their peaceful, structured lives descend into turmoil.

And as the national media descended upon Maine to tell the tragic story, an entire state lost its innocence.

No longer was Maine a quaint, quiet place to raise a family. Instead, in some circles the state was portrayed as a place where homeowners weren’t safe in their own backyards, where hunters were given carte blanche to shoot at will, and where shooting victims were blamed for contributing to their own deaths.

Twenty years later, Kevin Wood, the victim’s husband, is in Iowa. He has remarried. His twin daughters are in college.

Donald Rogerson still lives in Bangor with his wife. He’s a proud grandfather.

The social issue that can be picked from the death of Karen Wood is the lack of proper legislation on hunting activities.

In 1991, there was a hunter who fires shots and this led to the death of Karen Wood. The hunter who was Donald Rogerson was arrested by the game wardens.

Donald Rogerson was a deer hunter and his shot mistakenly led to the death of Karen Wood. The social issue in this case is a lack of proper legislation on hunting activities.

Hunting regulations would have been ideal as they will help prevent day hunting and in such a case, Karen Wood would not have died the way she did.

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What is the function of an IRB?

Answers

Answer:

In accordance with FDA regulations, an IRB has the authority to approve, require modifications in (to secure approval), or disapprove research. This group review serves an important role in the protection of the rights and welfare of human research subjects.

Explanation:

Answer:

The purpose of an IRB review is to assure, both in advance and by periodic review, that appropriate steps are taken to protect the rights and welfare of humans participating as subjects in the research.

Explanation:

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