Answer:
Elasticity
Explanation:
Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.
If the absolute value of price elasticity is greater than one, it means demand is elastic. Elastic demand means that quantity demanded is sensitive to price changes.
Demand is inelastic if a small change in price has little or no effect on quantity demanded.
Demand is unit elastic if a small change in price has an equal and proportionate effect on quantity demanded.
I hope my answer helps you
Question: The question is incomplete. The bicycle chain diagram wasn't attached to your question. Find attached of the diagram and the answer.
A bicycle chain is pulled tightly so that mn is a common tangent of the gears. Find the distance between the centers of the gears.
Answer: The distance between the centers of the gears is 17.8 in
Explanation:
From the attached file, using Pythagoras theorem to find the value of x, we have;
h = 4.3 - 1.8
= 2.5
x² = MN² + h²
x² = 17.6² +2.5²
x² = 309.76 + 6.25
x² = 316.01
x = √316.01
x = 17.8
Therefore, the distance between the centre of the gear is 17.8 in
Answer:
The correct option is D,form a corporation
Explanation:
The rationale for my choice of answer is that limited liability applies to a corporation which is found in other types of businesses.
Limited liability is a concept which implies that the liability of shareholders in a limited liability company is limited to the amount contributed to the business by a way of shares held in the company.
When a company runs into debt,the shareholders would not be required to make up such debts from their private pockets,hence Harry and Meghan personal effects are secure.
The economic term for the want-satisfying ability, or value, that organizations add to goods or services is utility.
<h3>What is utility?</h3>
Utility refers to the amount of satisfaction a consumer derive from the consumption of certain commodities.
It is the importance or value added to a product or service that helps gives the consumer useful information about all products and services.
Hence, the economic term for the want-satisfying ability, or value, that organizations add to goods or services is utility.
Learn more about utility here : brainly.com/question/24848038
