Please answer the following questions for me. First one to finish them all correctly, will be the Brainliest. I have until 6 o’clock!

1. In what circumstances would a person buy more of an inferior good and less of a normal good?

2. Explain each of the factors that affect the elasticity of demand.

3. Explain how elasticity of demand affects the total revenue of a firm/business.

4. Summarize the law of demand.

5. Explain the 6 non-price determinants of demand which shift the demand curve.

6. How does elastic demand differ from inelastic demand?

Answers

Answer 1

Answer:

1.Also, the opposite relation is also true. For a normal good, if income falls, less of the normal good will be purchased. For an inferior good, if income falls, more of the inferior good will be purchased.

2.Various factors which affect the elasticity of demand of a commodity

3.If demand is elastic at a given price level, then should a company cut its price, the percentage drop in price will result in an even larger percentage increase in the quantity sold—thus raising total revenue.

4. The law of demand states that a higher price leads to a lower quantity demanded and that a lower price leads to a higher quantity demanded. Demand curves and demand schedules are tools used to summarize the relationship between quantity demanded and price.

5.  The determinants are: Branding. Sellers can use advertising, product differentiation, product quality, customer service, and so forth to create such strong brand images that buyers have a strong preference for their goods. Market size.

6. Elastic demand means there is a substantial change in quantity demanded when another economic factor changes (typically the price of the good or service), whereas inelastic demand means that there is only a slight (or no change) in quantity demanded of the good or service when another economic factor is changed.

Explanation: hope this works have a good day ◟(๑・ิټ・ิ๑)◞


Related Questions

For English, we have to write a mini biography and include photos. I’m doing it on my laptop. Should I use this photo? If so, should I crop it?

Answers

Answer:

No

Explanation:

you would most likely get introuble for it lol

no pls dont they gon suspend u

Which Supreme Court ruling placed limits on what student newspapers could publish? A. Tinker v. Des Moines B. Hazelwood School District v. Kuhlmeier C. Gideon v. Wainwright D. Miranda v. Arizona

Answers

Answer:

the answer is b. Hazelwood School District v. Kuhlmeier

Explanation: In Hazelwood School District v. Kuhlmeier, 484 U.S. 260 (1988), the Supreme Court held that schools may restrict what is published in student newspapers if the papers have not been established as public forums.

Answer:

b

Explanation:

According to psychoanalytic theory, the bases for the development of mental disorders are maladaptive, learned patterns of behavior maladaptive, learned patterns of behavior A social, economic, and cultural factors social, economic, and cultural factors B unconscious conflicts that produce anxiety unconscious conflicts that produce anxiety C physiological events that cause chemical imbalances in the brain physiological events that cause chemical imbalances in the brain D inherent moral weakness and lack of willpower

Answers

Answer:

Option B is correct

Explanation:

According to the Psychoanalytic Theory, various unseen forces motivate an individual. These forces are ruled by rational thought.

According to psychoanalytic theory, the bases for the development of mental disorders are maladaptive, learned patterns of behavior maladaptive, learned patterns of behavior unconscious conflicts that produce anxiety.

So,

Option B is correct

According to psychoanalytic theory, the development of mental diseases is caused by unconscious tensions that induce anxiety. As a result, option B is the proper response.

What is the development of the mental disorder under psychoanalytic theory?

Various invisible forces inspire an individual, according to Psychoanalytic Theory. Rational thought is in charge of these forces.

The foundations for the development of mental diseases, according to psychoanalytic thought, are maladaptive, acquired patterns of behavior and unconscious tensions that create anxiety.

As a result, Option B is right.

For more information about psychoanalytic theory, refer below

https://brainly.com/question/7804684

Social media essay in nepali language!!!​

Answers

Answer:

what

Explanation:

I don't under what it mean

©

3. How does the Sixth Amendment protect the rights of citizens under the law? (3.1)
a. People have to wait for years for their trial to occur
b. Juries are allowed to show bias
C. People may be tried without legal counsel
d. People have access to a jury of their peers free from discrimination

Answers

Answer:

d. People have access to a jury of their peers free from discrimination

it is d, i’m pretty sure! have a good day<3

Warning signs that boys and girls must meet to know when they are in a situation of inequality or gender-based violence.

Answers

The correct answer to this open question is the following.

Although there are no options attached we can say the following.

There is no question here, just a statement. What is your question?

If you want to know what are the warning signs that boys and girls must meet to know when they are in a situation of inequality or gender-based violence, then we can say the following.

One of the most notorious signs is when other boys start to prank girls or calling her names because they traditionally are seen as "weak." That could be a serious sign of gender-based violence.

Another sign could be areas restricted to "boys only," for being considered just for boys. It could be in the park, in a recreational area, other premises. Another sign could be calling names to people who are homosexual. Unfortunately, that is one of the most common signs in society.

When can your right to vote be challenged?

Answers

When two presidents are on equal voting
This might cause a challenge that you might not be able to find the right reason

Under the U.S. Constitution, the president may veto legislation passed by congress, but congress may override a president's veto. This is an example of the principle of
A. Checks and Balances.
B. Federalism.
C.due processes.
D. Judicial reviews.

Answers

Answer:

I think it's Checks and Balances.

Explanation:

Which of the following is NOT a type of business organization

A)Corporation
B) Partnership
C)Sole Proprietorship
D)Entrepreneurship

Answers

Answer:

I believe it is C but I am not entirely sure

A Sole Proprietorship is not a type of business organization. Hence, option C is appropriate.

What is the meaning of Sole Proprietorship?

A sole proprietorship is a type of business or organization that is owned, controlled, and run by a single person who also bears all the risks and is the only one to benefit from any gains or losses.

A sole proprietorship is a type of business that is owned and operated by one person and in which there is no legal separation between the owner and the business entity. It is also referred to as a lone trader ship, individual entrepreneurship, or proprietorship. A sole proprietor may hire staff members and does not always work alone. A sole proprietorship is a type of business or organization that is owned, controlled, and run by a single person who also bears all the risks and is the only one to benefit from any gains or losses.

Hence, option C is correct.

Learn more about the Sole Proprietorship here:

https://brainly.com/question/1428023

#SPJ6

This article is about real-life sea monsters. For example, a giant octopus can grow to up to 20 feet, though it would only be big enough to sink a small sailboat. However, giant squids can grow up to 160 feet long. They have even been reported to attack ships. Additionally, oarfish can grow up to 50 feet long. They are very interesting to look at. A sick oarfish may surface and be mistaken for a giant sea serpent. It's possible that someday scientists will discover more animals in the sea that explain other sea monsters.

Which detail should be removed from the summary?

A sick oarfish may surface and be mistaken for a giant sea serpent.

However, giant squids can grow up to 160 feet long.

Additionally, oarfish can grow up to 50 feet long.

They are very interesting to look at.

Answers

i believe answer is c it makes most sense. i rlly don’t know tho! wish u luck;)

Which factor aided Francisco Pizarro's conquest of an empire?
The Spanish captured Atahualpa,
Montezuma made an alliance with Pizarro,
O The Spanish burned Tenochtitlan,
Malintzin assisted Pizarro by translating,

Answers

Answer: The Spanish captured Atahualpa

Explanation:

How did the Zimmermann Note affect American neutrality?

A. It led to strong public support for U.S. entry into the war.

B. It made American leaders more resolved to safeguard their neutral rights.

C. It led the Allies to beg the United States to support their war effort.

D. It led the Allies to beg the United States to support their war effort.

Answers

Answer:

A. It led to strong public support for U.S. entry into the war.

Explanation:

The Zimmermann Telegram was essentially a telegram sent from Germany to Mexico, in which to ask for the assistance of Mexico's help for the Central Power. In return, after the war Germany would assist Mexico in reclaiming the lands that they lost during the Texas Independence and Mexican-American War. However, Mexico disregarded the message and sent it to the US, which caused public outrage and strong support for the Allied side.

~

What does an ecosystem’s nonliving surroundings include? (Select all that apply.)
soil
sun
bacteria
water

Answers

The nonliving parts of an ecosystem are called abiotic factors. Abiotic factors include water, sunlight, oxygen, temperature, and soil.

Select the independent variable in this experiment and the step of the rock cycle the student is most likely modeling.

Answers

Hello. Unfortunately, you did not present the experiment to which this question refers, which makes it impossible to answer it exactly, but I will try to help you in the best possible way.

An independent variable is one that occurs without having to be influenced by another variable or element of the experiment, on the contrary, the independent variable has the power to influence and cause changes in other elements.

Regarding the rock cycle, we can consider the following steps:

Magma: it is the initial stage of the rock and is found in the interior of the earth. When it is expelled and comes into contact with the surface undergoing a cooling process

Crystallization: As the magma cools, its composition begins to crystallize until it is completely solid and gives rise to magmatic rock.

Erosion: promotes the wear of this rock through elements such as water, wind, temperature, pressure, climate, weather, among others.

Sedimentation: after the erosion of the magmatic rock, its sediments accumulate forming the sedimentary rocks.

Metamorphism: As more sediments are accumulated, the sedimentary rocks are buried, where they are exposed to high temperature and pressure that start to mold them generating the metamorphic rocks.

Fusion: The temperature and pressure continue to act on the metamorphic rocks allowing them to merge with the magma and turn back to magmatic rock.

Question 4 of 10
One major advantage of organizing a business as a sole proprietorship is
that:
A. the owner can keep all the company's profits.
B. it is easy to quickly raise large amounts of capital.
c. the company has a nearly unlimited life span.
D. risk and liability are split among many people.
SUBMIT

Answers

Answer:

A. the owner can keep all the company's profits.

Explanation:

Who was the Pope that started the crusades ?

Answers

Answer:

Pope Urban II was the one who started the crusades

Advise your friends on TWO ways to ensure positive youth behaviour, also indicate how this could contribute to nation building​

Answers

Explanation:

Two ways for young people to positively influence society is to act with empathy and participate in social projects.

For the construction of a fairer nation for all citizens, it is necessary to have the participation of the youngest people who live in a globalized world and therefore have an easier understanding of acceptance of diversity, which is essential for all people to be respected regardless of their culture, race, gender, etc.

Empathy is an important skill for understanding people and not tolerating behaviors that incite bullying and hatred. Another positive behavior is also the collaboration with social projects that help people, animals, the environment and others, because this way the young person learns to be more solidary, more aware and thus there are greater personal and collective efforts to build a more inclusive society and less uneven.

Use the map below, which shows the percentage of the population that is over 65 years old in European nations, to answer the following question:
Use the map below, which shows the percentage of the population that is over 65 years old in European nations, to answer the following question:

A 2010 map of the European countries showing the percentage of the population that is over 65 years old in each country, by the following ranges: less than 12 percent Turkey, Cyprus, Albania, Moldova, and Macedonia, 12 to 14 percent Russia, Poland, Slovakia, Iceland, Ireland, Bulgaria, and Montenegro, 14 to 16 percent Norway, Netherlands, Czech Republic, Hungary, Ukraine, Belarus, Romania, Serbia, and Bosnia and Herzegovina, 16 to 18 percent Portugal, United Kingdom, France, Belgium , Luxemburg, Switzerland, Slovenia, Croatia, Finland, Estonia, Latvia, Lithuania, 18 to 20 percent Spain, Austria, Sweden, and Denmark, greater than 20 percent Germany, Italy, and Greece.

According to the map, which statement is correct? (5 points)

a The population of southern Europe is growing faster than that of northern Europe.


b The average age of the population in Western Europe is higher than in Eastern Europe.


c Nations that are historically younger also tend to have younger populations.

d Immigration has lowered the age of the populations of some European nations.

Answers

Answer:

hi

Explanation:

Based on the map we could see that Western Europe has higher percentage of population that is over age 65 as compared to Eastern Europe. Hence, the answer to this question would be “Eastern Europe has a younger population than Western Europe.”

so it is B

What's the role of the household in a closed economy​

Answers

The households are the final consumers of goods and services produced by the firms. They create demand in the market and according to their tastes and preferences. The firms produced and supplied goods in the market, as per their demand. Therefore, households determine the production line of a country.

19. Can aliens vote in elections?​

Answers

Answer:

No, this is why donald trump won the last election.

Explanation:

What is a current source of tension between India and Pakistan?

Nuclear weapons

Jammu and Kashmir

Cross border terrorism

All of the above
100 points

Answers

I think it is C. Sorry if it is incorrect. I think it’s right tho.

Answer:

All of the above

Explanation:

I took test and it was correct :)

similarities between a backpack and cell phone

Answers

They carry a lot of things and are very portable. Multi-use items.

Why did the Dutch surrender New Amsterdam without a fight?

Answers

They outnumbered then in the new world.

Why did King Charles II choose to take over New Amsterdam?

Answers

Answer:

Some English from New England had infiltrated onto Long Island. Charles II decided to seize New Netherland, take over the valuable fur trade and give the colony to his younger brother James, Duke of York and Albany (the future James II). ... New Amsterdam was renamed New York City and New Netherland became New York State.

discuss money supply and inappropriate government policies as causes of economic fluctuations​

Answers

Answer:

Money supply

Explanation:

Increase in aggregate demand caused by: An increase in consumption – this may be caused by: a rise in income levels, an decrease in interest rates, house price inflation. ...

Labour shortages. ...

Increase in demand for imports.

mark me as branilest

It is the measuring tool used for measuring and setting of angles

Answers

Answer:

A Protractor

Explanation:

The simplest protractor comprises a semicircular disk graduated in degrees—from 0° to 180°. It is an ancient device that was already in use during the 13th century.

Was Nebuchadnezzar the Chaldeans' king? (true or false)

Answers

true

sorry if I am wrong

hope this helps

Answer: True

Explanation: Nebuchadnezzar II is known as the greatest king of the Chaldean dynasty of babylonia.

Kansas is the top producer of

Answers

wheat; the state is ranked 1st in grain production, which is 64% of the nation's crop

Which part of an investogation is only found in an exirmental investigation

Answers

A group used in a study or in an experiment, which does not get treatment by the scientists and is used as a foundation to determine the functions of the other tested subjects is known as the control group. The control group is only found in an experimental investigation.

How does imperialism lead to nationalism?

Answers

Answer:

The colonies supplied the

European imperial powers with

raw materials and markets to

sell their manufactured goods.

Nationalism leads people to

believe their nation is better

than other nations and leads

them to seek to be independent

state while disregarding other

nations. causina conflict.

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