Answer:
Many factors determine the demand elasticity for a product, including price levels, the type of product or service, income levels, and the availability of any potential substitutes. High-priced products often are highly elastic because, if prices fall, consumers are likely to buy at a lower price.
Explanation:
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Answer: yes
Explanation:
Power is an entity's or individual's ability to control or direct others, while authority is influence that is predicated on perceived legitimacy. Consequently, power is necessary for authority, but it is possible to have power without authority. In other words, power is necessary but not sufficient for authority.
Answer:
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Who had the most nuclear bombs.