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
kodGreya [7K]
3 years ago
14

How does demand elasticity affect a business? A consumer? How can knowing the elasticity of demand for a product affect pricing

decisions? Purchasing decisions?
History
1 answer:
spayn [35]3 years ago
5 0

1.Price elasticity of demand affects a business's ability to increase the price of a product. Elastic goods are more sensitive to increases in price, while inelastic goods are less sensitive.

2.

Income elasticity measures the responsiveness of demand to a change in income. Cross price elasticity of demand measures the responsiveness of quantity demanded to a change in price of another good. Demand elasticity of make pricing decision will define how the market will react to changes in price.

Hope this helps!!!!!

You might be interested in
In democratic governments like the United States, people believe that everyone should obey the law, even leaders. Which democrat
Darya [45]
Rule of law is the answer
3 0
4 years ago
Read 2 more answers
Which of the following describes how 19th-century imperialism was different from older forms of imperialism?
rusak2 [61]
<span>The answer is D) older forms of imperialism were driven by a desire to acquire sources of natural resources. They had an importance with buying off the natives that brought them the goods.The "new imperialism" is all about money. They went into countries and set up plantations, docks, and factories.</span>
3 0
3 years ago
Read 2 more answers
The anti-federalist favored strong state govorment because?
Neporo4naja [7]
The anti- federalists favored strong state governments because they thought that a strong government could handle al the economic problems of the country.
8 0
4 years ago
Read 2 more answers
Why are the years between 1945 and 1960 known as the baby boom?
Marina CMI [18]

Answer:

After WWII all of the soldiers were having kids so the play on words baby boomers are the kids of the soldiers who bombed things and fought in the war. Like little kids that go bomb stuff.  Does that make sense.

Explanation:

Its just a gen name like after that comes gen x and so on.

4 0
3 years ago
Enacting Napoleonic Code of law​
Norma-Jean [14]

French Emperor Napoleon Bonaparte enacted a new legal framework for France, known as the Napoleonic Code.

<u>Explanation:</u>

The Napoleonic Code of law is stated as the French civil code formulated in 1804 under the French Consulate. It was prepared by a group of four renowned judges and come into force on 21 March 1804.

The Napoleonic Code taunted the power of men over their families stronger and women were not given any individual rights, and also decreased the rights of having illegitimate children. And it had imparted the differentiation between women and men by granting citizenship to males with equal rights under the law but colonial slavery was reintroduced.

8 0
3 years ago
Other questions:
  • What effect did the publication of the Pentagon Papers have on the American public?
    10·2 answers
  • Why are the 1920s known as the Roaring Twenties
    15·2 answers
  • What are big achievements of phonecians helllpppppp please
    9·2 answers
  • Which constitutional issue was tested by president abraham lincoln's suspension of habeas corpus and the supreme court case kore
    13·1 answer
  • Where did many of the early developments of the Renaissance take place?
    14·2 answers
  • The powhatan Indians who lived near Jamestown colony
    7·1 answer
  • How did the cold war contribute to the growth of white-collar jobs after world war ii?
    13·2 answers
  • Where is the location of the Appalachian mountains
    13·2 answers
  • 4. Middle Colonies economic and agriculture *
    14·1 answer
  • Ai là người chiến thứng quân Mông Nguyên trên sông Bạch Đằng
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!