Answer:
Many factors determine the demand elasticity for a product, including price levels, the type of product or service, income levels, and the availability of any potential substitutes. High-priced products often are highly elastic because, if prices fall, consumers are likely to buy at a lower price.
Explanation:
hope this helps
President Lincoln's response to Greeley is neither pro nor anti slavery. What does President Lincoln state is his primary goal? Lincoln says his primary goal is to save the Union, whether he has to keep or dismantle slavery to do so. Using you own words, explain President Lincoln's letter to Union Major General John A.
Answer:
google paraphrasing tool! It never gives the same sentence twice I promise it’ll work
Explanation:
It stymies competition and normally quality and service go down because of lack of competition
