Response:
Slash and burn agriculture is a type of shifting farming where local flora... This cycle continues repeatedly.... Approximately 250 million (counting them is challenging) struggle to survive like...
Read more.
Clarification:
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%.
Based on the chart, the marginal cost associated with producing the second pie is 0.50, thus option 2) is the right choice.
Option 1) "1.00" is erroneous as that represents the marginal cost for 1 pie.
Option 3) "0.25" is incorrect since that indicates the marginal cost for 3 pies.
Lastly, option 4) "1.25" is also incorrect, representing the marginal cost for producing 5 pies.
Answer:
Explanation:
Ang terminong “matigas ang loob” ay nagpapahiwatig ng katapangan, tibay ng loob, hindi madaling maapektuhan ng emosyon, walang awa, at hindi madaling magpatawad o makalimot sa mga pagkakamali ng iba.
pakicheck as brainliest
