Answer:
Many factors determine the demand elasticity for a product, including price levels, the type of product or service, income levels, and the availability of any potential substitutes. High-priced products often are highly elastic because, if prices fall, consumers are likely to buy at a lower price.
Explanation:
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Answer:
between the two locations in the Latin American Spanish colonies and the Philippines. ... What are the Spanish goals for each of the territories? ... "Globalization and Economic Change.
Explanation:
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The slave trade between Western Africa and the America's reached its peak in
the mid-18th century when it is estimated that over 80,000 Africans annually
crossed the Atlantic to spend the rest of their lives in chains.
Answer:
1917
Explanation:
The Tsarist autocracy collapsed in 1917 due to the following reasons— (a) Miserable Condition of the Workers (i) The industrial workers in Russia got very low wages. (ii) They had very long working hours, sometimes upto 15 hours.