Answer:
(A) 10%
Explanation:
The price elasticity of demand measures the sensitivity of demand in the face of price change. The calculation of the price elasticity of demand consists in dividing the change in quantity by the change in price. If the result is greater than | 1 | We say that demand is elastic, that is, sensitive to changes in price. If the result is between 0 and 1 we say that demand is inelastic, not sensitive to changes in price.
Thus we already know that the demand for beer is elastic, price sensitive. By applying the formula, we get the following result:
E = ΔQ/ΔP
At where
E = elasticity
ΔQ = Change in Quantity
ΔP = Price change
Exercise gives us the data of E = 1.5% and ΔQ = 15%
So using the formula:
1,5 = 15%/ΔP
ΔP = 1,5/15 = 0,1 = 10%
Therefore, to reduce the number of student deaths in car accidents, a tax needs to raise the price of alcohol by 10%.
Note: It is given that the variation in the number of deaths is proportional to the variation in the quantity demanded for beer.
Answer:
The campaign being put up by the politican claiming that there is a relationship between someone who recieve welfare benefits and poor school performance is a reason bereft of logic.
Firstly, academic performance is something that is being affected by an entirely diffrent reasons altogether. For example, someone that is not academically inclined is bound to perform poorly in school whether there is welfare package or not. Also, the issue of teaching materials used in teaching has an effect in the performance of the student. a situation where ther is non available for the student to use would definitely lead to poor performance of the student.
In addition, the poor perfromance of the student has a direct correlation with the teaching method adopted by the teacher rather than the welfare package. A teacher that does not deliver excellent teaching would definitely lead to student's poor performance.
The most logical explanation for the poor performance of the student could be related to challenges that the student is passing through at home that made him or her not to focus, the mental issue and probably, the issue of the student being academically inclined to hand based skill education rather than theoritical schol-based education.
Explanation:
Because sometimes we need to change some of our social traditions and practices to be able to grow and gain experience thing that we would not normally considered within our traditions and practices.
Answer:
<u>Perception </u> is a three phase process of selecting, organizing and interpreting information, objects, people, events or situations.
Explanation:
Perception involves three steps.
1. Selecting
In the first stage we select that stimuli which attracts us the most by ignoring the others about making perception about any event or object.
2. Organizing
In the second stage we organize the information about our selection.
3. Interpretation
In the third step we interpret that information in a meaningful way that makes sense to us.
Roman citizens were too angry about political corruption to fight.
