Answer:
It reaches its peek at 1, then begins to decrease until it reaches zero, but then rises back up to one before decreasing again
Answer:
I'm to going to answer that sorry
Explanation:
Answer:
The Industrial Revolution was a historical period which led to the industrialization of society between 1760 and 1860, with the result that agricultural production, mainly, became industrial, for the most part.
This made societies go from being eminently rural to urbanized, while most jobs moved from the countryside to the cities. In turn, work began to develop in a dependency relationship, with which the workers, mostly men, began to devote the vast majority of their time to production under the supervision of their bosses. This in turn made women, who until then had a role similar to that of men in terms of work in the field, began to acquire more and more domestic functions, focused mainly on work at home and caring for children. children, since the man was not available to perform these tasks.
"<em>Urbanization as more and more people moved to cities to find work. It led to our modern ideas of consumer society, as people were able to begin to choose different brands to buy, based on everything from the price, to quality, to designs, patterns, and colors. Companies began to make different models of things in order to attract more buyers, so it could be seen as the beginning of modern capitalism. It led to an increase in technology, as more and more machines were invented and used to help increase the efficiency at which products were made, leading to lower prices and more availability. Also, it was the first time that a source of power, other than muscles power (human or animal,) was used to create products. It led to a more connected world, as new technology like trains, steam engines, and railroads that were designed to more quickly transport goods, were also used to better connect people. It helped establish the industrialized nations (mainly England and America) as the dominant world powers. It would eventually lead to more rights for workers and the concept of the modern working conditions we have, although at the start this would not have been true. It helped women begin to break the cult of domesticity, as more and more young, unmarried women got jobs.</em>" according to Michael P.

Price elasticity of demand is the ratio of the percentage change in quantity demanded of a product to the percentage change in price. Economists employ it to understand how supply and demand change when a product's price changes.