NN is more elastic between points A and D than curve MM is between points A and C. True.
Between points A and D, curve NN is inelastic. True.
Between points A and E, curve OO is perfectly elastic. True.
<u>Explanation:</u>
In Economics, elasticity is the estimation of the relative difference in a monetary variable because of an adjustment in another. It shows how simple it is for the provider and buyer to change their conduct and substitute another great, the quality of a motivating force over decisions per the relative open door cost.
Elasticity of demanded quantifies how the measure of good changes when its cost goes up or down. Flexibility is a proportion of the affectability of factors to a modification in another variable.
Answer:
1. drug use can be harmful and also damages they way you think or do things for example if you have to much you feel like your going to pass out and do wierd actions.
2. some signs are you feel really tired and your eyes may want to close or you have to much and you feel like your fainting and if your around people you tend to act really badly and say where things
Answer:
hair stylist
Explanation:
because a grocer doctor and plumber are all nescecities
hair stylists are not needed.
Answer:
22%
Explanation:
Margin of Safety is the amount by which sales can fall before making a loss.
Margin of Safety = Expected Sales - Break-even Sales ÷ Expected Sales
= (13,600 - 10,608) ÷ 13,600
= 0.22 or 22%
Answer:
b. products that have identical attributes, such as frozen yogurt.
Explanation:
A monopoly is formed when a firm or a group of firms have a an unfair advantage in supplying a product and faces no competition while operating.
It is important to identify the market where the monopolist exists.
In the given scenario where Dairy Cream wants to merge with EZ Freeze Inc., its main competitor and a maker of ice cream and other frozen desserts. The merger will eliminate competition and the product market is defined under ice cream and products that have identical attributes, such as frozen yogurt.