Answer:
a) possibly primitive subsistence crop (not certain)
Explanation:
LOOK UP ON GOOGLE
:-)
Answer:
The initial step before attempting to find an answer is to comprehend the question, as this will inform your search terms and what to input in the search bar! Therefore, the first strategy for searching is to ensure you understand the question.
Answer:
I believe Joe is right.
Explanation:
Text messages are generally more casual, using abbreviations, whereas emails require a polished, coherent, formal, and grammatically correct approach.
Response:
C. a 5% reduction in price results in a 7.5% rise in quantity demanded
Clarification:
To arrive at this conclusion, we utilize the price elasticity of demand equation
Price elasticity = %change in quantity demanded/% change in price
Next, we substitute the relevant values into the equation
1.5 = 7.5% / 5%
This confirms that the proper answer is C as dividing 7.5 by 5 yields a value of 1.5.
An elasticity value of 1.5 indicates that the product is fairly elastic: implying the quantity demanded will adjust more significantly than the price. This is evident in the current scenario: quantity demanded increased by 7.5%, while the price only decreased by 5%.
Water Works operates as a Non Governmental Organization. This charity focuses on offering safe drinking water to communities in developing nations. To sustain its activities, it hosts community events to gather donations and seeks government funding.
