Elasticity is one of the most basic concepts of economics. Elasticity is part of the field of microeconomics and it is crucial to know this concept, as well as its consequences. The concept of elastic and inelastic goods directly affects the pricing of companies on their products. Therefore, it is important for the investor to have a good sense of this indicator. This concept concerns how much variation in demand occurs in a variation in the price of a given product.
Elasticity can also be calculated by dividing variations by averages of quantities and final prices. People usually have a slope in the negative demand for goods. That is, people consume more when the price of a good is lower.
In the future the elasticity of demand can become something very harmful that increases values very dramatically and can take the economy to a difficult path to reverse
Answer:
Yes
Explanation:
Newton's first law:
The velocity of a body remains constant unless the body is acted upon by an external force.
So, when you jump on a vehicle it adds some gravity to it and it starts moving the opposite way.
Answer:
The time it takes to transport goods has decreased over time, causing trade to increase.
Explanation: Dude, compare how long it took items to go from here to there back then, and compare it to today. For example, people along the silk road would travel months at a time, sometimes even taking a year just to reach their destination and back. Now compare that to your amazon package you ordered from Japan and came in on same-day delivery.
It takes less time now, so it increases how often the packages arrive. Let me know if you need anymore help.
Answer:
a major basis of solidarity stratification and conflict in south asia
Explanation:
and it continues to play an important role in indian politics
the arrow on this map point to this river which i have writeen.........................................................................................................................................................................................................................................
Explanation: you said that
where is the map dude i cant see
