Economists estimated that the price elasticity of beer is -0.30 and the income elasticity of beer is 0.09. This means that:

A. an increase in the price of beer will lead to a decrease in the quantity demanded of beer and beer is a luxury.
B. an increase in the price of beer will increase the quantity demanded of beer and beer is a normal good.
C. an increase in the price of beer will lead to an increase in revenue for beer sellers and beer is a normal good.
D. a decrease in the price of beer will lead to an increase in revenue for beer sellers and beer is an inferior good.

C: an increase in the price of beer will lead to an increase in revenue for beer sellers and beer is a normal good.

Explanation:

Because the price elasticity of beer is negative -0.3, this implies that an increase in the price of beer by $1 would lead to a decrease in the demand of beer by 0.3 units and such increase will lead to an increase in revenue of beer seller. However, the income elasticity of beer is 0.09, which implies that the consumption of beer increases with an increase in income, which makes beer a normal good.

C: an increase in the price of beer will lead to an increase in revenue for beer sellers and beer is a normal good.

Explanation:

the correct answer on edgen is:

(c.) prevent the spread of communism.

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    racial conflict and discrimination has existed ever since man learned to kill with rocks and bones. these conflicts arose from disputes between territory, power, wealth, religion, or simple difference. some of the most infamous racial disputes include slavery, the holocaust, and the civil rights movement.

    these listed disputes often resulted in casualties from all sides. riots, wars, imprisonment, and lynching are all commonly associated with racial conflict on severe levels.

      however, racism is an improving issue in recent decades. people are being more accepting and welcoming of diverse populations. though, the world isn't perfect and it will take much more time, if ever, until the world is rid of racism.