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:
license during 30 day time period is inactive
Explanation:
when agent forget to renew license
but submit it 30 days late
so that her license during the 30 days time period is inactive
so if he wants to be renewed it then have to pay licensing fee
and after complete 30 day time period, it will be expired
and expired license requires again pay additional fees and additional education requirement
so license during 30 day time period is inactive
Answer:
the structural-functional approach
Explanation:
The answer is: Man made infrastructure.
This is more relevant in a 'political' map which shows the political boundaries and representations of countries.
More precisely,
Black color shows railway lines, roads, bridges, borders, and names of places
Red color indicates Major Highways, urban areas, airports, military installations etc.
These lines/markings/colors might not be seen physical maps, which feature the geography of the land.
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Answer:
The answer is the valleys. Hope this helps!
