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A local airline charges $500 to fly (round-trip) to Louisville, Kentucky. From the past three months, whereas the $500 fare has been in effect every of the two daily flights have averaged 10 passengers. During last summer, the carrier ran a sale and charged $300 for a round-trip to Louisville; during the six weeks of the sale, the airline averaged 20 passengers per flight. Calculate coefficient of price elasticity?
Suppose we divide Canada into three regions; the west, the centre and the each
1. Clorox lowers the price of its GreenWorks TM bathroom cleaner. All other things remaining the same, choose how you think this will impact the market price of Pine-Sol. (Circl
How can we test adulterants in vegetable oils?
(a) Suppose Scientists discover that eating soybeans prevents cancer and heart disease.
how the increase in price will affect consumer''s ability to maximise satisfaction?
Former communist economies which is, with varying degrees of enthusiasm and have embraced CAPITALISM.
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Gibb''s energy In every chemical system, the substance moves in a direction in which there is a decrease in free energy, for example i.e. ?G is negative. G = H - TS where, G is
Sally recently finished her full-time training and received certification as a nurse’s aid at the end of August. She sent out applications to prospective employers during the last
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