Answer:
4.20 and normal good
Explanation:
The computation of the income elasticity of demand is shown below:
= (change in quantity demanded ÷ average of quantity demanded) ÷ (percentage change in income ÷ average of quantity income)
where,
Change in income would be
= Q2 - Q1
= 109,500 - 102,300
= 7,200
And, average of income would be
= (109,500 + 102,300) ÷ 2
= 105,900
Change in quantity demanded would be
= 4 - 3
= 1
And, average of quantity demanded would be
= ($4 + 3) ÷ 2
= 3.5
So, after solving this, the income elasticity of demand is 4.20
Since the elasticity comes in positive which means the good is a normal goods
Answer:
No
Explanation:
"It would be wrong to intentionally weaken our products with a government-ordered backdoor."
one reason being that if passcodes could be input electronically, iPhones would become easier to unlock via "brute force."
The government would be able to destroy the amazing privacy policy apple has
8160/85=96
2880/30=96
She can make 96 <span>necklaces.</span>
