Answer:
the definition of a market in determining the price elasticity of demand
Explanation:
In economics, the price elasticity of demand is the measure used to determine the responsiveness and the elasticity of a quantity demanded for a good or a service to increase in the price when nothing but only the price of the product changes. It is the measure to show the demand of a product in relation to the price change of the product.
In the context, Juan Carlos is is filling up a survey regarding the demand or purchasing of toothpaste when the price of the toothpaste changes. Thus this is important to study the price elasticity of demand of a product in the market economy.
Answer:
You need to add the diagram :))
Explanation:
Answer:
I believe that the term would be a region. I hope this helps you! :)
The author means by the phrase that People were able to choose who would lead their governments.
Explanation:
In the 20th century there were a lot of new nations that were formed out of old imperialistic colonies and most of them adopted, or ended up adopting a democratic system of governance where the people have the right to choose who would govern over them and the positions are rotating.
This is something that could be called to have given greater ability for the people to govern their own lives and the author has teemed the century thus as the century where the [power went to the people.
Colombia- Juan Manuel Santos
Mexico- <span>Enrique Peña Nieto</span>
Costa Rica- Luis Guillermo Solís
El Salvador- Salvador Sánchez Cerén
