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As for luxury goods, the income elasticity of demand is always greater than 1, it means that the relative change in demand is usually greater than the relative change in income, which in practice means that the demand for luxury goods is quite flexible. Why are goods considered elastic? ElasticityRead More →

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How do you froth almond milk perfectly? Pour the correct amount of almond milk into a foaming jug of an appropriate size. Begin texturising or stretching the milk immediately and stop once you see a creamy texture forming. Continue to heat the milk while letting as little air through asRead More →

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If the arrangement is symmetrical and the arrows are of equal length, the molecule is nonpolar. If the arrows are of different lengths, and if they do not balance each other, the molecule is polar. If the arrangement is asymmetrical, the molecule is polar. What types of molecules are polar?Read More →

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5 Complexion and makeup. … 6 How to look polished – Nails. … 7 Take care of your clothes. … 8 Keep shoes and bag looking good. How can I be perfectly groomed? 8 Habits of Well-Groomed Men – A Quick Guide Take care of your nails. Long nails don’tRead More →

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First degree price discrimination is commonly believed to eliminate deadweight loss by charging consumers according to their willingness to pay and transferring consumer surplus to the producer. Is there deadweight loss in perfect price discrimination? There is no deadweight loss (DWL) under perfect price discrimination. Perfect price discrimination is almostRead More →