Bank Clerk Questions

In economics, If two goods are complements, then the cross elasticity of demand is negative. That means a good's demand is increased when the price of another good is decreased. Conversely, the demand for a good is decreased when the price of another good is increased. It is opposite of substitute goods. 

Demand curve is the relationship between price and quantity of product. In perfect competition, the demand curve for the product by a firm is perfectly elastic at maket price.

The Gulf of Tonkin Incident, in 1964, was a major turning point in United States military involvement in Vietnam. The Gulf of Tonkin Incident occurred in August 1964.

Black Power Movement can be termed as a cultural revolution that changed African American’s view about blackness. This movement encouraged them to be proud of their history, culture, and identity and celebrate their uniqueness.

The cultural influence came from the black power movement is Pride in Blackness.

Fixed cost per unit increases when production volume decreases. The fixed cost per unit does not always remain the same. Fixed cost per unit increases when production volume decreases and vice versa.

x = ±23

And, y = 23

hence, x ≤ y