For the answer to the question which of the following criteria is most descriptive of a private liberal arts college. The answer is multiple choice letter <span>D. Personal attention from instructors in smaller classes.
I hope my answer helped you. Have a nice day!</span>
Answer:
The correct answer is Demand is inelastic, but not perfectly.
Explanation:
Inelastic demand is that demand that is not very sensitive to a change in price. In this way, before a variation in the price the quantity demanded reacts in a less than proportional way. For example, if the price increases by 10% and in response the quantity demanded is reduced by less than 10%, then the demand is said to be inelastic.
The elasticity of demand, also known as the elasticity-price of demand, is defined as the percentage change of the quantity demanded before a percentage change in the price.
Answer:
(A) The equilibrium quantity will increase.
Explanation:
An increase in demand and supply of electric cars would shift the demand and supply curves to the right.
Equilibrium quantity would increase.
Price would not change.
I hope my answer helps you
Thank you for posting your question here at brainly. I hope the answer will help you. Feel free to ask more questions.
What country first began to dismantle its welfare state? <span>Chili. Democracy was restored.
</span>What was put in its place? <span>A pension plan replaced welfare.</span>
One part of the microenvironment that may influence the
retail management decisions is technologies. It is because a microenvironment
is considered to be a factor in which affects the performance of a certain
decision. And that the retail management decision always focuses more on
certain factors that would likely affect the choices of their consumers such as
stores, internet or even technologies.