Answer:
B. The elastic portion of a straight-line, downward-sloping demand curve corresponds to the segment above the midpoint.
Explanation:
Elasticity measures the sensitivity of one variable to another. Specifically it is a figure that indicates the percentage variation that a variable will experience in response to a variation of another one percent.
The elasticity of demand measures the reaction of demand when one of the factors that affects it varies.
<u>Elasticity - Price of demand.</u>
easure the sensitivity of the quantity demanded to price variations. It indicates the percentage variation that the quantity demanded of a good will experience if its price rises by 1 percent.
<u>
Elastic Demand
</u>
The demand quantity is relatively sensitive to price variations, so the total expenditure on the product decreases when the price rises, the price elasticity takes value greater than -∞ but less than -1
Answer:
Objects with mass exert forces on each other via the force of gravity. This force is proportional to the mass of the two interacting objects, and is inversely proportional to the square of the distance between them. The factors G, M, and r are the same for all masses at the surface of the Earth.
Answer:
13.1
Explanation:
that's what I'm gonna go with, but u can research more
The correct answer to this question is D