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Alexus [3.1K]
4 years ago
6

The price-elasticity of demand coefficient, ed, is measured in terms of

Business
1 answer:
Tamiku [17]4 years ago
6 0

The price-elasticity of demand coefficient measures the percentage change in demand compared to the percentage change in price. This is on a scale up to 1, with 1 meaning the demand is perfectly elastic and every change in price results in a significant change in demand.

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Compared to countries with less economic freedom, countries with more economic freedom achieve higher per person income levels,
UkoKoshka [18]

Answer:

<em><u>The correct answer is:</u></em> Achieve higher per person income levels, but they also have higher poverty rates.

Explanation:

What happens is that in countries with greater economic freedom, there is the free market, which is an economic form of the capitalist system that allows trade to be conducted free of external forces, being guided by the law of supply and demand. This system allows greater economic interaction with internal and external economic agents whose main objective is to generate profits.

The strong industrialization resulting from the capitalist system causes the greatest economic growth in a country and can increase the levels of per capita income, but it also generates greater social inequality that directly affects the growth of poverty rates. Generally, the main indicators of economic growth, such as GDP, have some limitations to indicate the distribution of wealth because they do not consider variables that include the well-being of the population.

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3 years ago
"1. When a T-shirt manufacturer states, ""We sell it only in black because that way we can buy plenty of black fabric and run ou
katrin2010 [14]

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what will most likely still occur when the economy has achieved full employment? a.frictional, seasonal, and cyclical unemployme
topjm [15]
The right answer for the question that is being asked and shown above is that: "<span>c.Frictional, seasonal, and structural unemployment " </span>most likely still occur when the economy has achieved full employment is that <span>c.Frictional, seasonal, and structural unemployment </span>
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Use the following information for Exercises 8-9 below. (Static)[The following information applies to the questions displayed bel
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Answer:

The requirements are missing, so I looked for similar questions. You should make any necessary adjusting entries on the accounting equation. Since there is not enough room here, I used an excel spreadsheet.

Download pdf
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