Well you have to be working for a long time if you want to get managament
The matching of the demand as relatively elastic or relatively inelastic can be done as;
- Klaus' demand for orange juice (Relatively elastic)
- Amanda's annual demand for coffee(Relatively elastic)
- Jackson's demand for mystery novels(Relatively inelastic)
- Hermy's demand for Minute Maid orange juice(Relatively inelastic)
- Olivia's daily demand for Starbucks latte(Relatively inelastic)
- Stephen spends a very little part of his income on soda(Relatively elastic)
- Xavier's demand for his economics textbook(Relatively inelastic)
<h3>What is Elasticity of demand?</h3>
Elasticity of demand can be regarded as the variation on the concept of demand.
It should be noted that elastic demand involves change in quantity demanded as a result of change in price.
Learn more about Elasticity of demand
brainly.com/question/26576823
Answer:
14
Explanation:
For independent variables X and Y;
S.D(X - Y) is expanded as :
S.D(X) + S.D(Y)
If S.D(X) = 6 and S.D(Y) = 8 ; where, X and Y are independent ;
SD(X-Y) = SD(X) + SD(Y)
SD(X - Y) = 6 + 8
SD(X - Y) = 14
If you are using USA test prep the answer would be:
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C). <span>a sharp spike in the graph immediately following the "0" location of the X axis</span></span>
