Answer: is unit elastic
Explanation:
If the percentage increase in the quantity supplied equals the percentage increase in the price, the supply will be said to be unit elastic.
In the unit elastic supply, it should be noted that supply responds perfectly to the changes in price. This simply means that there'll be an equal change between the price change and the quantity that is supplied.
The cost of electricity. <span> because explicit costs are like accounting costs. They are direct costs that come with operating a business. A,B and C are all implicit costs, they are like opportunity costs and do not have any direct value in a accounting perspective.</span>
Answer:
the answer is b. increased
When the exchange rate for the Mexican peso changes from 10 pesos to the U.S dollar to 9 pesos to the U.S. dollar, then the Mexican peso has appreciated and the U.S. dollar has depreciated.
When a currency appreciates<span>, it means it has increased in value relative to any other currency; </span>depreciate means<span> it has been weakened or fell in value relative to any other currency.</span>
The answer is c, the type of renter Insurance must buy
