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
vichka [17]
3 years ago
9

If, for a given percentage increase in price, quantity demanded falls by a proportionally smaller percentage, the demand is

Business
1 answer:
nekit [7.7K]3 years ago
4 0

Answer:

Option (D) is correct.

Explanation:

We know that there is a inverse relationship between the price of a good and its quantity demanded.

Relative inelastic demand refers to the demand where percentage change in the quantity demanded is relatively smaller than the percentage change in price of the good.

Relative inelastic demand curve is a demand curve which is relatively steeper in shape but not perfectly inelastic or vertical.

You might be interested in
Matthew Granger is a member of the board of directors at Produxicore Inc. Over a period of one year, Matthew failed to attend mo
FrozenT [24]

Answer: Negligence of duties

Explanation:

As a board member it's one of his primary duty to keep abreast of the firm performance. Not been aware for a year on the excuse of not been informed and not seeking to find out personally shows a negligence of duties.

7 0
3 years ago
Respond by (1) Identifying the type of syllogism below (Categorical, Disjunctive, Conditional) and (2) explain, in your own word
USPshnik [31]

The type of syllogism being used in the given sentence is a conditional syllogism.

<h3>What is Syllogism?</h3>

This refers to the use of reasoning in order to draw conclusions about something based on two premises.

Hence, we can see that conditional syllogism was used in the given premises and this is because it made use of either-or to show that if the sidewalk was wet, then that means that it must have rained.

This reasoning is faulty because there are different possible reasons for the sidewalk to be wet and not just rainfall.

Read more about syllogism here:
brainly.com/question/361872

6 0
3 years ago
Consider the following two countries. Assume they produce only these two goods. Note that productivity is now measured in how ma
Ainat [17]

Answer:

A. 1/3 computers

B. 0.6 computers

Explanation:

A. The opportunity cost incurred by the US to make cars is the number of computers it would have to give up to make a car.

The US can either make 12 cars or 4 computers. For every car made therefore the US forgoes;

= 4/12

= 1/3 computers.

B. The same logic applies to Japan. They can either make 10 cars or 6 computers.

Their opportunity cost for cars is therefore;

= 6/10

= 0.6 computers

5 0
3 years ago
Which three factors decrease because of protectionism? competition job security domestic production goodwill with trade partners
ludmilkaskok [199]

answer:

competition, goodwill with trade partners, and importation of goods

3 0
2 years ago
Which of the following identifies what has driven American agriculture for the past 50 years?
ozzi

Answer:

trade barriers

tariff is on imported goods

5 0
3 years ago
Other questions:
  • When business writers request information or action that will likely be received positively, they should frontload their message
    14·1 answer
  • Select the items that describe antitrust laws
    11·1 answer
  • Which loan type requires you to make loan payments while you're attending school?
    15·2 answers
  • Population of the city of Atlantis on March 30, 2003 = 193,000 No. of new active cases of TB occurring between January 1 and Jun
    15·1 answer
  • ​________ is/are an element of the vulnerability phase in retailing.
    11·1 answer
  • Suppose market forces outside of the control of the Chinese government are causing the price of Chinese yuan in terms of Japanes
    7·1 answer
  • 5) Ryans Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours.
    14·1 answer
  • The inaccuracy of the grapevine has more to do with the message output than with the input. a. True b. False
    9·2 answers
  • The Master Budget You are currently working as a contractor building state of the art airports. One of the managerial accountant
    13·1 answer
  • Japan and russia disagree over ownership of which islands?
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!