Answer:
Basic Rate Interface (BRI).
Explanation:
Basic Rate Interface (BRI, 2B+D, 2B1D) is an Integrated Services Digital Network (ISDN) configuration intended primarily for use in subscriber lines similar to those that have long been used for voice-grade telephone service.
Answer:
a. individualism.
Explanation:
Individualism is where policies are made that limits the power of the government and allows for more power of the private individual. It is a set of principles that favours the moral worth of the individual, self reliance and independence is promoted.
Individualism believes that of the individual is prosperous eventually the economy will become better off.
People do not depend on the government for support such as welfare
Answer:
$10
Explanation:
We are to account for external costs in production, since we are asked to find optimal tax.
Given:
We now have:
A represents number of aluminum units produced, let's find A, since the margnal cost is $30.
Thus,
Let's equate the private marginal cost with the marginal revenue of each unit in order to achieve this amount of produced units with tax, t.
We have:
Substituting 100 for A above, we have:
30 - t = 20
t = 30 - 20
t = 10
Therefore, the socially optimal tax on aluminum is $10 per unit
Answer:
The correct answer is B
Explanation:
Price elasticity of the demand evaluates the demand responsiveness after the change or variation in the product own price.
The formula for computing the coefficient of price elasticity, is the factors which affect the elasticity and also elasticity is vital for business when deciding the prices.
So, Filet mignon(F) sells for $20 per pound when compared to that of hamburger (H) which sells the product for $2.30 per pound. F have the higher price as compare to the H, therefore, the coefficient of the price elasticity of demand in absolute value will be high or larger for F than that of H.
<u>Answer:</u>Consumers are relatively insensitive to premium prices.
<u>Explanation:</u>
Premium pricing is generally done by the firms to prove that their products are competitive enough in the market. Also premium pricing denotes that the product has high value in the market. Companies fixing the prices know that the consumers will not investigate if it truly valuable.
The organisations also establish a brand name to prove that they are luxury brand. So the customers are also insensitive to the prices of those products. For example Apple phones, Rolex watches etc.
