1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
dedylja [7]
3 years ago
14

The price elasticity of demand for mobile phones a. will be higher if there is an improvement in the production technology. b. w

ill be lower if consumers perceive mobile phones to be a necessity. c. is computed as the percentage change in the price of mobile phones divided by the percentage change in quantity of mobile phones. d. All of the above are correct.
Computers and Technology
1 answer:
rodikova [14]3 years ago
3 0

Answer:

b. will be lower if consumers perceive mobile phones to be a necessity.

Explanation:

The price elasticity of demand is described as the percentage variation in the demanded quantity of service or goods divided by the change in the percentage of the price. And henceforth it describes the responsiveness of the demanded quantity to a price change. And now if the mobile phones are thought of as being the necessity then the price will increase as demand will increase, and hence the price elasticity of demand will be lower. And if there is an improvement in the production technology then the price will be lowered, and hence price elasticity of demand will be less as the change in the percentage of the price will be negative. And the exact definition of it as we have described above. Hence, b is correct options.

You might be interested in
Which game would be classified as an educational game
Masja [62]

Answer:

The various game types can be like board, video and card games. As far as educational video games are concerned they are made to explain to us some of the subjects which can be specific, as well as to teach a certain set of skills like role-playing. They are the interactive play that can help us learn the rules, goals, techniques to solve the problems. adaptation quality, as well as interactions, and all of these are being narrated in the form of a story. You should know that each game is a story in reality, and always. One can think of many such games, and like action games based on the military helps us learn how to fight a war.

Explanation:

Please check the answer.

7 0
3 years ago
Which number is the decimal equivalent of 1100110 – 101101?
erastovalidia [21]

1100110-101101 = 111001 = 57

3 0
3 years ago
Read 2 more answers
19) If you want to find your lowest paid, full time employee (with "FT" in column B and each employee's salary found in column C
Vadim26 [7]

Answer:

MAXIF

Explanation:

The MAXIF function is a function used in Ms Excel.

  • This function indicates the maximum value located on an array .

Option B

7 0
2 years ago
Read 2 more answers
Plz I need help 30 points
Kisachek [45]

hey mate your ans

in the picture

8 0
3 years ago
Answer all of the questions correctly and you will be amazing. Fill in Blanks
Naya [18.7K]
A.Chicken Street
B.You just got Vectored
5 0
4 years ago
Other questions:
  • A cast is required in which of the following situations? a. using charAt to take an element of a String and store it in a char b
    7·1 answer
  • A file must be ________ before data can be written to or read from it. closed opened buffered initialized none of these
    11·2 answers
  • If an M/M/1 queue in a server has task arrivals at a rate of 30 per second and serves at a rate of 50 per second, how many tasks
    10·1 answer
  • Please Do Solve it guys...
    6·1 answer
  • For what kind of shot is a fisheye lens most appropriate?
    8·1 answer
  • During his last performance review, Franco's boss urged him to set some short-term and long-term sales goals to help him perform
    6·2 answers
  • 5 negative impacts of digital life Explain
    9·1 answer
  • In order to create a chart, which of the following must be selected?
    8·1 answer
  • Select the incorrect sentence from the options given below. *
    15·1 answer
  • in the future, mobile technologies are expected to be used more than desktop computers today. what other improvements are helpin
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!