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- E 4 B 3.9 Relative Rate of Cha X + v A https://bconline.broward.edu/d2l/le/content/408160/vi Knewton - Login i-Ready h access.heropowered. Somerset Academy - W Grades BROWARD CCOLLEGE MAC2233 CALC BUS-SOC-LIF.. Tools v More Assessments v Course Home Content Grades Communication v 3.9 Relative Rate of Change and Elasticity of Demand MILEI pret EldsuliLy UI UefidiIO Question A t-shirt seller currently sells one type for $20 per shirt. The price p and the demand for shirts are related by D(p) = 1000 – 24p. If the current price is increased, will revenue increase or decrease? Select the correct answer below: Revenue will increase because demand is inelastic. Revenue will decrease because demand is inelastic. Revenue will increase because demand is elastic. Revenue will decrease because demand is elastic. 10 FEEDBACK SI Content attribution Kavier Taylor Type here to searchPlz help by answering all 4 questions in paragraph from in 150-200 words 1)What are the matters directly related to comparative economic systems? Discuss whether different policies are better for GDP growth and reducing inequality. 2) Do countries with higher freedom scores have LESS inequality? 3) Do countries with higher freedom scores have higher economic growth? How does economic Freedom Index promote, clean environments, healthy societies human development, democracy, and alleviate poverty? 4)Do Countries with strong Economic Freedom have higher GDP per capita and growth? State this like a hypothesis Economic freedom does not require government involvement, so, economic freedom would be more prevalent in a capitalist country than in a socialist country BUT then how does this relate to the European-Socialist countries that have very strong free market mechanisms, but are still considered "socialist".??In the famous book called “Essay on the Principle of Population” (published in 1798) the Englisheconomist Thomas Malthus pointed out that due to fixed quantity of land in the world, aspopulation of the world grow the amount of land per worker will decline and future productivitywill fall. Having learned about the factors that contribute to economic growth, why do you thinkhis prediction about the future of the word turned out to be incorrect? Provide a brief explanation.
- What is the “urban push” and in what ways might it affect the relationship between urbanization and economic growth?Which one of the four categories or quadrants does Charlotte fall into? High mobility, low growth High mobility, high growth Low mobility, high growth Low mobility, low growtWhat is the relevance of productive and allocative efficiency to the growth process?
- Why is R&D a key factor in productivity improvement? Name some ways R&D contributes to productivity improvements.Question 26 Which one of the following is an incorrect statement about the effect of US natural capital on market growth? O New York City has a large harbor along a major river, the Hudson. With the completion of the Erie Canal in 1825, the locational advantages of New York were enormous. Between 1790 and 1850, New York's population increased from 33,000 to over 800,000. O h the eighteenth and nineteenth centuries, land abundance and avalability promoted low rates of population growth through natural increase because it discouraged high birth rates and fostered relatively high mortality rate. O In 1900, the twenty largest American cities were all located on major waterways. Before Colorado entered the Union in 1876, all U.S. states had at least one border delineated by rivers or oceans. O Many cities in the United States formed at obstacles to water navigation, where continued transport required overland hauling or portage. Portage sites attracted commerce and supporting services, and…What are the possible sources of capital of micro economic business concept?