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Juli2301 [7.4K]
4 years ago
9

What are a list of items that the most price elastic demand​

Business
1 answer:
Paul [167]4 years ago
4 0

Answer:

See below

Explanation:

Price elasticity of demand describes how responsive the product of a product is to changes in its price. The term elasticity originates from elastic, which means to stretch. A product is price elastic if a small change in price has a significant impact on its demand. Should the price increase by a small percentage, the demand decreases by a considerable difference.

The demand for some products does not react to changes in prices. A small percentage increase or decrease in price does not result in a big change in the quantity demand. Such products are said to be price inelastic.

Substitute goods or goods with close alternatives are the most price elastic. A small change in price will make consumers consider the other alternatives. Examples of price-elastic goods and services include transport services, furniture, motor vehicle, and professional services such as lawyers, doctors, and auditors.

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Answer:

  • <u><em>D. cloud seeding</em></u>

Explanation:

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4 years ago
Cáchs tính giá nhập kho trong nguyên lí kê stoans
netineya [11]

Answer:  truy cập vào link sau

-https://youtu.be/rvei2IHOju0

-https://webketoan.com/threads/1534258-tinh-don-gia-nhap-kho/

Explanation:

8 0
3 years ago
On December 1, Marzion Electronics Ltd. has three DVD players left in stock. All are identical, all are priced to sell at $161.
Leni [432]

Answer:

$208

Explanation:

Using the FIFO Inventory method, inventory items are assumed to be sold in the order in which they were purchased from the earliest to the latest.

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Therefore, if two of the three items are sold, the cost of goods sold is the cost of the first two items purchased

= 113 + 95 = $208.

4 0
4 years ago
Read 2 more answers
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I think intellectual curiosity is not a reason,
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