Answer:
The correct answer is;
Demand for gasoline in Orlando is price inelastic.
Explanation:
The elasticity is the degree of response to a change in price or quantity supplied to the the quantity demanded. An elastic demand responds positively to change in price, while an inelastic demand means that when there is a price increase, the quantity demanded remains the same and where there is a drop in price the quantity demanded remains constant.
If a small change in price results in a large change in demand then the good is said to be price elastic
In the question the price increases by 10% while the quantity demanded drops 5 % daily. Therefore it is price inelastic
It is a compound because a compound is two or more different elements chemically combined.
Answer:
Explanation:
The Hawaiian Islands were literally created from lots of volcanoes—they're a trail of volcanic eruptions. In the case of the Hawaiian Islands, the Pacific Plate is continually moving to the northwest over the Hawaiian hot spot. This movement caused the Hawaiian chain of islands to form.