1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
const2013 [10]
3 years ago
6

Explain whether demand is likely to be elastic or inelastic for Big Macs. A. Elastic comma since many other fast food items coul

d be considered close substitutes. B. Inelastic due to a lack of close substitutes. C. Elastic due to a lack of close substitutes. D. Inelastic comma since other fast food items could be considered close substitutes.
Physics
1 answer:
anyanavicka [17]3 years ago
3 0

Answer:

A - elastic since many other fast food items could be considered close substitutes.

Explanation:

The price elasticity of demand is how much the demand of the Big Macs will change due to a 1% change in price. Should the elasticity be greater than 1, the Big Macs will be elastic. Should it be less than 1, the Big Macs are inelastic.  

Demand elasticity is calculated as the percentage change in quantity demanded divided by a percentage change in price.

Since Big Macs are (i) a luxury good, and (ii) have close substitutes (other burgers available at McDonalds and other fast food stores), we will say their elasticity is greater than 1.  

This means that the demand of Big Macs will change due to a 1% increase in price due to the presence of close substitutes.  

You might be interested in
Tính hiệu suất nhiệt của động cơ nhiệt biết nhiệt lượng ở nguồn nóng 420,4kJ/kg và nhiệt lượng ở nguồn lạnh 218kJ/kg.
Travka [436]

Answer:

69

Explanation:

just because

6 0
3 years ago
For the equation BaCI2 + Na2SO4 > BaSO4 + 2NaCI
Umnica [9.8K]
B I think aooooooo oops
8 0
3 years ago
In a given chemical reaction the energy of the products is less than the energy of the reactants. Which statement is true for th
Westkost [7]

Answer:

B. Energy is released in the reaction.

7 0
3 years ago
Monochromatic light of wavelength 385 nm is incident on a narrow slit. On a screen 3.00 m away, the distance between the second
LiRa [457]

To solve this problem it is necessary to apply the concepts related to the concept of overlap and constructive interference.

For this purpose we have that the constructive interference in waves can be expressed under the function

a sin\theta = m\lambda

Where

a = Width of the slit

d = Distance of slit to screen

m = Number of order which represent the number of repetition of the spectrum

\theta = Angle between incident rays and scatter planes

At the same time the distance on the screen from the central point, would be

sin\theta = \frac{y}{d}

Where y = Represents the distance on the screen from the central point

PART A ) From the previous equation if we arrange to find the angle we have that

\theta = sin^{-1}(\frac{y}{d})

\theta = sin^{-1}(\frac{1.4*10^{-2}}{3})

\theta = 0.2673\°

PART B) Equation both equations we have

a sin\theta = m\lambda

a \frac{y}{d} = m\lambda

Re-arrange to find a,

a = \frac{(2)(385*10^{-9})(3)}{(1.4*10^{-2})}

a = 1.65*10^{-4}m

8 0
3 years ago
Complete the following statement. Our solar system includes the sun, _________, and their moons. galaxies stars planets universe
GuDViN [60]
The planets have (their) moons. So the answer would be planets.
5 0
3 years ago
Read 2 more answers
Other questions:
  • The seatbelt across your chest should have about ______ fist width of slack
    13·1 answer
  • At an instant when a soccer ball is in contact with the foot of the player kicking it, the horizontal or x component of the ball
    12·1 answer
  • Mr. Garcia uses magnets to hold a poster on a steel filing cabinet because a main component of steel is _____.
    8·2 answers
  • If you know that the period of a pendulum is 1.87 seconds, what is the length of that pendulum? (Assume that we are on Earth and
    6·2 answers
  • Hold a pencil in front of your eye at a position where its blunt end just blocks out the Moon. Make appropriate measurements to
    9·1 answer
  • (a) Calculate the self-inductance of a 42.2 cm long, 10.0 cm diameter solenoid having 1000 loops. (b) How fast can it be turned
    15·1 answer
  • An object is dropped from a height H. During the final second of its fall, it traverses a distance of 53.2 m. What was H? An obj
    11·1 answer
  • What is the difference between magnitude and intensity
    9·1 answer
  • A 10 kg weight is suspended in the air by a strong cable. How much work is done, per unit time, in suspending the weight
    14·1 answer
  • Pls help asappppppppp
    14·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!