The correct option is C. One, zero.
When income elasticity is greater than one, it indicates that the quantity demanded is greater than the rise in income.
As quantity demanded increases, it will lead to a decrease in price to the extent that the percentage change in price will outweigh the percentage change in quantity demanded, meaning that the price elasticity is greater than zero.
When these two elasticities are combined, the resulting effect will be an increase in the level of consumer spending on smartphones.
1. When designing an accounting system, we need to think about the needs and knowledge of both the top managers and various other users.
True, mainly since various people in the organization will be using it and not just the top management.
2. When the environment changes as a result of technological advances, increased competition, or government regulation, an accounting system does not have to be sufficiently flexible to meet the changes in order to save money.
False. An accounting system must be flexible and change with such macro environmental changes. if not, it will be disastrous for the company.
3. In developing an accounting system, cost is relevant. The benefits obtained from the information disseminated must outweigh the cost of providing it.
True. If the cost are more than the benefits and gains the system produce, then the system must be changed to make sure that it is profitable to be used for the business.
Changes in technology modify the carrying capacity of a territory as irrigation and fertilisation in agriculture, for example shorter rotations between crops, which increases the number of people who can be fed from the resources of a given territory.
Explanation:Carrying capacity is the maximum population of species that a particular habitat can support indefinitely under a given set of environmental conditions without depletion of resources in that habitat.Technology advancing has led to the increase of the earths carrying capacity due to various inventions in agriculture.For example the humans discovered that you would plant crops in a large area of land through planting of seeds and by watering them,weeding,protecting them from being eaten by other animals would ensure enough food supply. Inventions such as crop rotation and use of chemicals have led to increase in crop production since the invention ensures continued soil fertility.Machines to make work easier in the farming practices have also contributed to the increase in the carrying capacity for they make work easier increasing the rate of productionTherefore the earth is able to sustain a large population of people without resources becoming depleted.
Technological advances has revolutionized the face of heath care. Solutions provided by engineers that directly applies the principle of science in their scope has made the world a healthier place to live in.Strategically, mankind now has better access to state of the art health care facilities than at any point in his history. Science keeps getting better, technology keeps improving and better health solutions are on the fore. There is decrease level of maternal mortality due to access to medical equipment and trained professionals discharging basic health cares in maternity centers. There has been a global spike in birth rate as a result of new technology that are helping medical health practitioners. Birth complications are now better understood and properly circumvented now. Now, the rave is developing birth control measures to check growing world population. Even couples that are not fertile or whose partners are not viable enough can opt for surrogacy and other solutions like invitro fertilization. These solutions were not possible without technology.
Plasmids in technology
Following was not an economic factor in medieval China is described below.
The following was not an economic factor in medieval ChinaThe central government monopolized certain commodity manufacturing. Technological advances increased the scope and wealth of the economy. he introduction of the use of paper currency, credit, banking, and the abacus furthered commercial development. The Sui dynasty closed the Silk Road. Blast furnaces were developed.
The correct answer is b. zero, one
Given an increase in the income of consumers, they usually increase their amount consumed, and vice versa. The income elasticity of demand measures the proportion of the increase in the consumption of a product before a proportional change in income.
Elasticity Demand income = Proportional variation in the amount consumed of a product / Proportional variation in consumer income.
Price elasticity of demand (EPD, PED, Ep or Ed) is a measure used in economics to show the degree of response, or elasticity, of the quantity demanded of a good or service to changes in the price of said good or service. It grants the percentage change of the quantity demanded in relation to a unit percentage change in the price, considering that the rest of the determinants of the demand, such as income, remain constant (ceteris paribus). It was conceived by English economist Alfred Marshall.
Price elasticities are almost always negative, although analysts tend to ignore the sign, although this may lead to ambiguities. Only goods that do not conform to the law of demand, such as Veblen or Giffen, have a positive EPD. In general, the demand for a good is considered inelastic (or relatively inelastic) when the EPD is less than one (in its absolute value); This happens when changes in the price have a relatively small effect on the quantity demanded of the good. The demand for a good is considered elastic (or relatively elastic) when its EPD is greater than one (again, in its absolute value); that is, when changes in the price have a relatively large effect on the quantity of the demanded good.
The economy after WW2 crashed because of all the currency lost in the war.
Technological advancements were made to many explosive's and guns, to prepare for if a war like such may happen again
Manufacturing increased because of the resources being lower than dirt, and steel production went sky high,because of things like barbed wire and bullets using steel.
Problems with race were coming to an end, as people of all colors had helped with the war and gained respect.
woman's rights had fully began (even though they don't get fair wages still)
whats up yall its C btw