Goods like Food And spices
Answer:
can I get the choices? No options are given
Answer:
the definition of a market in determining the price elasticity of demand
Explanation:
In economics, the price elasticity of demand is the measure used to determine the responsiveness and the elasticity of a quantity demanded for a good or a service to increase in the price when nothing but only the price of the product changes. It is the measure to show the demand of a product in relation to the price change of the product.
In the context, Juan Carlos is is filling up a survey regarding the demand or purchasing of toothpaste when the price of the toothpaste changes. Thus this is important to study the price elasticity of demand of a product in the market economy.
Answer:
Low economic growth; large economic growth
Explanation:
The low income countries have less than the per capital gross national income than the referenced one. Low income countries have low economic growth because low income countries have not been able to utilize the rule of law efficiently. In this question Question, we are also going to look at the prediction of the growth model which predicts rapid economic growth of low income countries because of the increase in the level of per capita gross domestic product.
Also, when this low income countries invest and uses more advanced technologies will cause Increament in the growth rate of low income countries.
