Answer:
Explain: Demand is elastic when a change in price causes a relatively larger change in quantity demanded. Demand is inelastic when a change in price causes a relatively smaller change in quantity demanded. Demand is unit elastic when a change in price causes a proportional change in quantity demanded.
The energy source account that accounts for around 7% of energy consumption is <u>hydropower</u>.
<h3>Which energy source accounts for 7% of consumption?</h3>
Hydropower is a renewable energy source that accounts for around 7% of global energy consumption in various nations around the globe.
This means that compared to fossil fuels, it is the best alternative to replace them as a renewable energy source.
Find out more on alternative energy consumption at brainly.com/question/368146.
Answer:
Product or service profiling.
Explanation:
Product or service profiling is the term used to describe the linking of key product or service requirements to process capabilities.
Generally, most organizations and business owners use the product or service profiling strategy to enhance consistency through the identification of their key services or product line and as such are avail the opportunity to select the appropriate process, procedures and techniques to achieve their goals and objectives successfully.