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

why should the minimum driving age not be raised

Answers

It shouldn’t be raised because regardless of someone’s age, crashes would still happen. Although it is higher for teens to get in car crashes, no matter what age you are you still have a chance of getting in a crash.

How does checks and balances prevent the government from abusing its power?

Answers

Answer:

a producer for making tax fraud

Explanation:

Answer:

The governmental concept of the separation of powers was incorporated into the U.S. Constitution to ensure that no single person or branch of the government could ever become too powerful. It is enforced through a series of checks and balances.  Specifically, the system of checks and balances is intended to make sure that no branch or department of the federal government is allowed to exceed its bounds, guard against fraud, and allow for the timely correction of errors or omissions. Indeed, the system of checks and balances acts as a sort of sentry over the separated powers, balancing the authorities of each branch of government. In practical use, the authority to take a given action rests with one department, while the responsibility to verify the appropriateness and legality of that action rests with another. Founding Fathers like James Madison knew all too well—from hard experience—the dangers of unchecked power in government. As Madison himself put it, “The truth is that all men having power ought to be mistrusted.”

** i know this is alot but let me know if this is helpful**

brainliest too, if possible

A proposed (suggested) new law is called a?

Answers

Answer:

A proposed law is called a bill

It is called a bill.

Bills are laws that are being proposed to be an actual new law!

I

large flowing water that goes across land and ends up at the sea

Answers

Answer:

river

Explanation:

Answer:

A river

Hope dis helps

Which group makes the final determination about whether a law conflicts the Florida Constitution?
A. The Florida Legislature
B. The Florida Supreme Court
C. The Florida Constitutional Convention

Answers

Answer:

B The Florida Supreme Court

Explanation:

Which of the following is MOST negatively affected by a low national literacy rate?

A. trade with other nations

B. economic development

C. access to resources

D. territorial expansion

Answers

Answer:i don’t know

but it might be b or c

Explanation:

Answer:

B

Explanation:

This is since with higher literacy rates you can have more skills for better development and in this case it is the opposite.

1. How did the Missouri Compromise allow the United States to continue its expansion west? A. It provided a plan for removing native Americans to land set aside as reservations. B. It created a series of road and canals to ease the travel of settlers to western territories. C. It avoided conflict between the north and the south by maintaining a balance in free and slave states. D. It made western land cheap for white settlers wanting to relocate.

Answers

Answer:

C. It avoided conflict between the north and the south by maintaining a balance in free and slave states.

Explanation:

The Missouri compromise was an agreement between the northern and southern states about which new western territories could be admitted into the Union as slave states.

Most of the Kurdish nation is located in the countries of Turkey, Kuwait, and
A. Algeria
B Israel
C. Indonesia
D Iraq
Please select the best answer from the choices provided

Answers

Answer:

D: Iraq

Explanation:

Answer:its D

Explanation:

iraq

why are most of africa's major cities located near water sources

Answers

Most of Africa’s major cities are located near water sources so that they can easily trade goods through ship ports.

I just got a Switch. FINALLY! I can play pokemon :)

Answers

Answer:

YOU LIKE THAT LOLLLLLL and yay

Explanation:

Answer:

good for you

where did you download it from

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.

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 change in voting laws most likely helped elect Andrew Jackson in 1828?

A. Allowing white men who did not own land to vote
B. Limiting the vote to white landowners only
C. Limiting the vote to males who did not own land
D. Allowing all women and African Americans to vote

Answers

Answer:

A.

Explanation: it can't be D because black people and women weren't allowed to vote until much later, It's not B because it was limited to white male landowners already, It's not C because it wouldn't allow white landowners, So A.

U.S. annexation of
Border disputes
between the United
States and Mexico
U.S.-Mexican War
?
16. Which of these best completes the diagram?
A
B
С
D
E
(a) California
(b) Nevada
(c) Texas
(d) Florida

Answers

Answer:

The answer is C. Texas

I would go with Texas.

The warfare described in the reading above is often termed
(Choose one):

1) propaganda war

2) siege warfare

3) psychological warfare

4) a war of attrition

Answers

Answer:

There is no reading mentioned...?

Explanation:

2. What decibel level can cause hearing damage to begin?
100
80
60
10

Answers

Answer:

I'm pretty sure the answer is 80

Answer:

Im pretty sure 80, since exposure to sounds above 70 decibels is where hearing damage begins.

Explanation:

Noise above 70 dB over a prolonged period of time may start to damage your hearing.

In Virginia counties, cities, and towns, who may be hired by the elected legislative branch to oversee the operation of the local government?

Answers

Answer:

A manager

Explanation:

Even if Vírginia matches all political positions filled by an election, where citizens vote for the most suitable candidates. In regions such as towns and counties, instead of an election for mayor, the legislative branch can hire someone to occupy the position of Manager. The maneger will be responsible for managing the counties or village and overseeing all activities initiated by the local government in the region.

How did William Hartsfield promote civil rights in Atlanta?

A.
He removed the “colored” and “white” signs from City Hall.

B.
He desegregated the city’s fire department.

C.
He integrated the city’s police force and lunch counters.

D.
He served as the city’s first African-American mayor.

Answers

I'm not sure but I think is d

How many times did Thomas Jefferson run for President of the United States?

Answers

Thomas Jefferson ran for president.2 times
Thomas jefferson has ran 2 Times I hope it helps

6.5) Explain ways that social media and the internet can lead to one being, cyber bullied,
cyber stalked and human trafficked. Provide an example and explanation of each.​

Answers

Answer:

it can lead to cyber bullying because most of the time people are scared to share what is happening on their social which there families and friends it can lead to some one taking there life. this is where I can answer sorry about the other question I don't know

Social media lead to all this Bc of what the person explained

what was at the top of the Egyptians list of priorities

Answers

Answer:

their governorate was their top priority

The___officially put an end to slavery.
1.President
2.Constitution
3.Emacipation Proclamation
4.3th Amendment

Answers

Viví ivy úvula gig v v
President I think that’s the answers to this

Artificial insemination is the primary breeding method used with

turkeys

pigs

dairy cows

all of the above





What is the correct answer

Answers

Answer:

All of the above

Explanation:

An innovative solution to get around the processes that occurs during mating which ultimately leads to pregnancy in animals is called artificial insemination. The process of artificial insemination involves the direct placement of collected male sperm or semen and placing it directly into tbe female animal's womb where it will develop. It has proven as a way of overcoming infertility adn also to ensure pregnancy on animals being bred on a regular time interval. All the farm animals mentioned above including turkey, pigs, diary cattle are being bred primarily using this method.

Write your thoughts about the collage or photos presented.​

Answers

Answer:

I think that this place has a lot of culture and many very happy people.

7. Explain how you have had cognitive dissonance in your life?

Answers

Explanation:

That feeling of mental discomfort about using plastic bags is an example of cognitive dissonance. This is because your beliefs are clashing with your actions or behavior. You believe that humans need to protect the environment, but you still use plastic bags. The internal conflict that this causes makes you feel bad.

How is social media helping or bullying those who have less income and education? (Will give 100 points to anyone who answers this.)

Answers

Answer:

In a way, social media bullies those who have less income and education. Social media sets a standard for people by posting or "flexing" materialistic things such as designer, or awards and other achievements. It makes those who are unfortunate feel worse about themselves, and that they are unable to  uphold those standards shown on social media.

Explanation:

Answer: it’s bullying those with less income by making fun of them and showing off all there expensive stuff. It’s also helping by raising awareness so everybody can help.

Explanation:

land that rises really high up from the ground and is bigger than a hill

Answers

Answer:

A mountain

Explanation:

It is larger than a hill and can be high up from the ground.

Which excerpt best describes the best evidence for the change in the narrator's point of view?

A. "Those few words overwhelmed me. Ah! the villains! that was what they had posted at the mayor's office." (Paragraph 15)
B. "How angry I was with myself because of the time I had wasted, the lessons I had missed, running about after nests, or sliding on the Saar!" (Paragraph 17)
C. "But I got mixed up at the first words, and I stood there swaying against my bench, with a full heart, afraid to raise my head." (Paragraph 19)
D. "I saw Monsieur Hamel sitting motionless in his chair and staring at the objects about him as if he wished to carry away in his glance the whole of his little schoolhouse." (Paragraph 25)

Answers

Answer: the answer is C

Explanation:why because the narrator is saying it from he/she veiw.

Answer:b

Explanation:

PLEASE HURRY WILL GIVE BRAINLIEST
Memories of a Memory

Have you ever witnessed something amazing, shocking or surprising and found when describing the event that your story seems to change the more you tell it? Have you ever experienced a time when you couldn't really describe something you saw in a way that others could understand? If so, you may understand why some experts think eyewitness testimony is unreliable as evidence in scientific inquiries and trials. New insights into human memory suggest human memories are really a mixture of many non-factual things.

First, memory is vague. Imagine your room at home or a classroom you see every day. Most likely, you could describe the room very generally. You could name the color of the walls, the floors, the decorations. But the image you describe will never be as specific or detailed as if you were looking at the actual room. Memory tends to save a blurry image of what we have seen rather than specific details. So when a witness tries to identify someone, her brain may recall that the person was tall, but not be able to say how tall when faced with several tall people. There are lots of different kinds of "tall."

Second, memory uses general knowledge to fill in gaps. Our brains reconstruct events and scenes when we remember something. To do this, our brains use other memories and other stories when there are gaps. For example, one day at a library you go to quite frequently, you witness an argument between a library patron and one of the librarians. Later, when telling a friend about the event, your brain may remember a familiar librarian behind the desk rather than the actual participant simply because it is recreating a familiar scene. In effect, your brain is combining memories to help you tell the story.

Third, your memory changes over time. It also changes the more you retell the story. Documented cases have shown eyewitnesses adding detail to testimony that could not have been known at the time of the event. Research has also shown that the more a witness's account is told, the less accurate it is. You may have noticed this yourself. The next time you are retelling a story, notice what you add, or what your brain wants to add, to the account. You may also notice that you drop certain details from previous tellings of the story.

With individual memories all jumbled up with each other, it is hard to believe we ever know anything to be true. Did you really break your mother's favorite vase when you were three? Was that really your father throwing rocks into the river with you when you were seven? The human brain may be quite remarkable indeed. When it comes to memory, however, we may want to start carrying video cameras if we want to record the true picture.

Which words from the text describe what our brains use to fill in gaps in memory?

Blurry image

General knowledge

Individual memories

True picture

Answers

Answer:

blurry image

Explanation:

Answer:

Which line from the text best explains why we may not know how true our memories are?

Have you ever experienced a time when you couldn't really describe something

Most likely, you could describe the room very generally

The more a witness's account is told, the less accurate it is

It is hard to believe we ever know anything to be true

Explanation:

D

what does nbt stand for

Answers

Answer:

is stand for (Not Too Bad)...

The full meaning of NBT is National Bank Trust .

What is National Bank Trust ?

National Bank Trust can be regarded as a provider of financial solutions. This bank is well known as a result of their stable operation, It offers investment banking.

Some of other service that this bank offers are risk management and retail banking services.

Learn more about National Bank Trust at;https://brainly.com/question/25605883

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