Answer:
D. the greater the availability of close substitutes.
Explanation:
Price elasticity of demand is a measure of the sensitivity of demand for a good or service to changes in the price of that product. We say that the price elasticity of demand is elastic when a percentage change in the price of this good has major impacts on demand. On the contrary, we say that the price elasticity of demand is inelastic when variations in the price of goods have little or no influence on demand.
Goods that are inelastic in demand are usually consumer-essential goods for which there are few substitution options, such as a cancer drug. On the contrary, elastic goods are those whose price variations diminish the demand for a range of substitute goods. For example, if the price of rice goes up, people may demand spaghetti, which is a substitute good.Therefore, goods with a large number of substitutes tend to have price elastic demand.
It is known as the Ballot initiative. The ballot initiative is a method by which a request of marked by a specific least number of enrolled voters can achieve an open vote on a proposed statute or protected revision.
<span>Ballot initiative may appear as either the immediate or backhanded activity. Under the immediate action, a measure is put specifically to a vote subsequent to being put together by an appeal.</span>
Achieve better working conditions for farm workers
Answer: <u>Sensation , Perception
</u>
Explanation:
Sensation is defined as sensing ability persisted by a person through touching, seeing,hearing,smelling or tasting.Sensed information is transmitted to brain in raw form to give it certain definition through recongnization.
Perception is the ability of recognizing and defined the sensed information.Information is perceived to give it a sense.
According to the question,activation of retina receptors for seeing is the sensation occurring in eyes.Anna's ability to interpret and perceive these sensation for recognization of words while reading is perception.
Answer:
c
Explanation:
Corporate managers who fail to give due consideration to the rights of employees and other concerned groups in the pursuit of profit are treating these groups as means to the ends of stockholders. This is unjust according to the rights-based ethical framework.
