That's great and all but...<u><em>what's the question?</em></u>
Price elasticity is the measure of change in the demand of quantity to the price change.
<u>EXPLANATION: </u>
Price Elasticity can be divided as elastic, inelastic and unitary, depending on the relation between quantity and price.
Elastic demand: When the demand changes but is greater than the change in price, then the product is elasticity in nature. The goods that are not of basic necessity are usually elastic.
In-elastic demand: When the demand change is lower than the change in price, then the product is in inelastic demand. Products that are of basic necessity are inelastic ones.
Unitary demand: A product is in unitary demand when the price change doesn't change the product's demand. An example of Unitary demand is medicines.
Answer:
<em>Since there are no options given, then I have answered it according to my own understanding.</em>
invalid or void
Explanation:
Under the Lease-Options and Land Contracts Law of Indiana, if the tenant breaches the lease, the landlord has the right to terminate the contract. The landlord should be clear regarding the lease option. So, this means that it should be structured, written properly and fairly. The landlord's intention should be clearly drafted in it, in a way that can be understood by the tenant because this serves as an evidence to a transaction.
If the tenant denies because the landlord didn't clearly state in his contract his intentions, then it will not give the landlord the right to do what he wants.
Answer:
True
Explanation:
Thus, an aquarium is self-perpetuating functional unit. Therefore, it is known as ecosystem. Since the fishes and plants and others are added by man, so it is known as artificial ecosystem. What are trophic levels?