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lisabon 2012 [21]
3 years ago
5

If the supply of a good is inelastic

History
2 answers:
ipn [44]3 years ago
6 0

producers will not change their quantity supplied by much even if the market price doubles

Explanation: 100% gradpoint

Romashka [77]3 years ago
5 0

Answer:If price and total revenue change in the same direction, demand is inelastic. a measure of the extent to which the quantity supplied of a good changes when the price of the good changes. ... the percentage change in the quantity supplied is less than the percentage change in price.

Explanation:

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The Federalist Papers stated that under the rule of law, government leaders must obey the same laws as other people.

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This collection was an important source for the interpretation of the new Constitution and mainly the motives for this proposed government system. These articles responded to newspaper criticism of the new US government. They were therefore an excellent reference for understanding the new American Constitution that the people were called upon to ratify.

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