<span>An elasticity of 2 means that a 1% increase in price will cause a 2% decrease in demand.
Change in price in % = (20 - 16) / 20 * 100 = 4/20 * 100 = 20%. So there's a 20% decrease in price (from $20 to $16)
A 20% decrease in price will result in a 40% increase in demand since elasticity equals 2.
So 40/ 100 * 190, 000 = 76, 000
Hence since there's an increase in demand the people will make 190, 000 + 76, 000 = 266, 000</span>
Answer:
Bribery
Explanation:
Bribery is an act of influencing someone's behavior to obtain an undue advantage through giving or receiving unearned rewards .It can be in the form of gifts , money , preferred treatment , and other form of favor , but what actually defines a bribe is the intention behind the gifts.
It has a lot of negative effects either directly or indirectly on the public as it undermines equity , efficiency , integrity in the public service , undercut public confidence in markets , adds to transaction cost and effects the safety and well being of the general public .
Answer:
Scalability
Explanation:
Scalability is the ability to increase or decrease resources for any given workload.
- When the resource is increased by the addition of more resources to service a workload, it is known as Scaling Out.
- When the resource is decreased by the reduction of resources to service a reduced workload, it is known as Scaling In.
- When additional capabilities is added to manage an increase in demand to the existing resource , it is referred to as Scaling Up.
- Likewise, when capabilities is reduced to manage a decrease in demand to the existing resource , it is referred to as Scaling Down.
Scaling does not have to be done automatically.
Answer:
100
Explanation:
1000 expensives of the more u do in the book
include: Audio Recorders, QuickTime, RealPlayer, video players.
Hope this helps!
