Answer:
A demand curve for a product with low elasticity appears to be steeper, because the quantity demanded doesn't change much, even if prices do. Products with low price elasticity are described as being inelastic
Explanation:
Inspired ideals of life liberty and the pursuit of happiness as well as separation of powers. John Locke and Baron de Montesquieu
Answer:
a) the effectiveness of mass production.
Explanation:
Henry Ford was the first car producer (Ford Industries) to use the assembly line, which allowed certain groups of workers to work on specific parts of the car, while simultaneously transferring the component throughout the groups to create a full car at the end. This allowed Ford to create large amounts of cars in short amount of time, decreasing not only cost of production, but also the cost to buy the car, further making the car more popular with the people. This cycle allowed for cheap cars, which in turn made Ford rich.
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Answer:
The company was founded in 1894 in Derry Township, PA
Explanation:
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