Last Year, Sefton Purchased 60 Pounds of Potatoes to Feed

question 89

Multiple Choice

Last year, Sefton purchased 60 pounds of potatoes to feed his family of five when his household income was $30,000.This year, his household income fell to $20,000 and Sefton purchased 80 pounds of potatoes.All else constant, Sefton's income elasticity of demand for potatoes is

• A)negative, so Sefton considers potatoes to be an inferior good.
• B)positive, so Sefton considers potatoes to be an inferior good.
• C)positive, so Sefton considers potatoes to be a normal good and a necessity.
• D)negative, so Sefton considers potatoes to be a normal good.

Analyze and evaluate documents for compliance with writing, design, format, and programming standards.

Comprehend the importance of distribution considerations in the context of message effectiveness.

Understand the implications of file format choices on document security and audience convenience.

Understand the significance of using urgency markers appropriately in electronic communication.

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Definitions:

SmartArt

A tool in Microsoft Office programs that allows users to create visually appealing diagrams and charts to represent information graphically.

Table Column

A table column is a vertical arrangement of data in a table, where each column contains information about a specific attribute of the entities listed in the rows.

Table Row

A horizontal group of cells in a table, typically used to represent a single record or entry of data.

Cut and Paste

The process of moving data or text from one location to another by first removing it from its original location and then inserting it into a new one.