The price of good y is constant at $3 per unit. suppose that income decreases from $60,000 to $40,000 and, as a result, the demand curve for good y shifts to the right by 2 units at every price. use this information to draw the new demand curve that would exist as a result of the decrease in income. use the midpoint method to calculate the income elasticity of demand for this good when income decreases. based on your calculations, would this good be considered "normal" or "inferior"? brieflyexplain your reasoning. (2 points)

You wants to open a saving account.which account will grow his money the most

The following information is available for jase company: market price per share of common stock $25.00 earnings per share on common stock $1.25 which of the following statements is correct? a. the price-earnings ratio is 20 and a share of common stock was selling for 20 times the amount of earnings per share at the end of the year. b. the market price per share and the earnings per share are not statistically related to each other. c. the price-earnings ratio is 5% and a share of common stock was selling for 5% more than the amount of earnings per share at the end of the year. d. the price-earnings ratio is 10 and a share of common stock was selling for 125 times the amount of earnings per share at the end of the year.

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