Answer:
D. the greater the availability of close substitutes.
Explanation:
Price elasticity of demand is a measure of the sensitivity of demand for a good or service to changes in the price of that product. We say that the price elasticity of demand is elastic when a percentage change in the price of this good has major impacts on demand. On the contrary, we say that the price elasticity of demand is inelastic when variations in the price of goods have little or no influence on demand.
Goods that are inelastic in demand are usually consumer-essential goods for which there are few substitution options, such as a cancer drug. On the contrary, elastic goods are those whose price variations diminish the demand for a range of substitute goods. For example, if the price of rice goes up, people may demand spaghetti, which is a substitute good.Therefore, goods with a large number of substitutes tend to have price elastic demand.
This is what i got
Only 2 of the 25cm cake will fit in a 600mm x 500mm
600mm=60cm
500mm=50cm
60 divided by 25 : 2.4
50 divided by 25 : 2
so the best it could fit is 2 of the 25cm cakes
Answer:
The Columbia Exchange is also known as the Great Exchange occurred in the middle of 1940's.
Explanation:
The Great Exchange is an exchange of cultures and livelihood of between Eastern and Western Hemisphere, in the areas of politics, economics, and social back ground.
The great exchange was caused by a strong desire for continents such as Europe, America, Africa and Asia, to participate in joint trading activities, which affected every strata (politics, economics , religion ) of the people and culture.
Crops such as Beans, were exported from America to Europe, Africa and Asia, and eventually grown in the continents they were imported to. As a result, they were issues of epidemics following the trade exchange, but such epidemics were managed eventually.
Answer:
contingency
Explanation:
According to my research on studies conducted by various psychologists, I can say that based on the information provided within the question this is an example of a contingency existing between hitting his little brother and losing his television privileges. This term refers to a future event that is possible but cannot be predicted with certainty. In this situation that event is losing TV privileges.
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