Answer:
Both supply and demand are elastic.
Explanation:
Demand or supply elasticity is defined as elasticity or responsiveness with more than one numerical value, which indicates their high response to the change in price.
Elastic demand: It is the percentage change in quantity demanded due to the change in price in absolute value of the product.
The elasticity of supply: It is defined as the response of the quantity of a good supplied to a change in the price of the good. Likely to be positive in output.
FORMULA; Elasticity of supply= 
Due to the decrease in the supply of goods in the market, it leads to the scarcity of goods, therefore there is an increase in the price of goods.
Answer
The answer and procedures of the exercise are attached in the following image.
Explanation
The journal record is attached.
Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet.
From the computation, the price of the trail mix will be $10.50.
From the information given, we're informed that Marion buys 3 pounds of granola for $3 per pound, the cost of the granola will be:
= $3 × 3 = $9.
She also buys and 0.75 pounds of raisins for $2 per pound, therefore, the cost of the raisin will be:
= 0.75 × $2 = $1.50
Therefore, the price of the trail mix will be:
= $9 + $1.50
= $10.50
Learn more about price on:
brainly.com/question/25822809
A . an interest in animals leads to a career in marketing
Answer:
Send a separate letter to each interviewer ; Mention something you liked about the interview
Explanation:
Sending a follow up message to recruiters (interviewers) after few days of an interview about the status of your job application, assists in updating prospective employee & re-emphasises on the applicant's profile suitability for the job.
Writing a separate letter to each interviewer, mentioning something you like about the interview : Makes you build a good rapport with prospective employers, highlights your professional personality positive traits. It also appreciates the company for their selection procedure time spent on you as an applicant.
