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Vinil7 [7]
3 years ago
14

What does elasticity of demand measure? (1 point)

Arts
1 answer:
bogdanovich [222]3 years ago
3 0

Answer:

"how buyers will cut back or increase their demand when price rises or falls"

Explanation:

Hence the word elasticity.

Demand is defined by the number of people who buy your product during a certain period of time. It fluctuates greatly.

Cheaper prices will usually bring a lot more demand to a product, and increasing prices lowers demand. Businesses usually raise or lower prices depending on how much supply they have.

Hopefully this helps, I took business entrepreneurship this year in High School so we learned all about supply and demand.

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Why is it significant that the man with owleyed glasses is the only other person to come to gatsbys funurel?
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3 years ago
In 1967, Milton Glaser designed a poster to accompany an rock album. The singer was presented in silhouette with brightly colore
Eddi Din [679]

Answer:

Bob Dylan

Explanation:

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4 0
3 years ago
9. In the spaces, list the appropriate answers for the following scaled recipe: this basic punch recipe
ehidna [41]

Answer:

a. RCF = 2.5

b. New amounts for the ingredients:

Ingredients      New Amount

Juice                   5 quarts

Lemons              5 mediums

Limes                 5 mediums

Strawberries   50 mediums

Explanation:

a) Data and Calculations:

Yields from basic punch recipe = 64 fl oz

Servings from the yields = 8 portions of 8 fl oz each

Required portions increase = 20 portions of 8 fl oz each

To increase to 20 ports, fl oz of recipe required = 64 * 20/8 = 160 fl oz

b) Therefore, RCF = Total new portions/total old portions = 20/8 or

Yields for new recipe/Yields for old recipe = 160/64 = 2.5

c) Listing the appropriate answers for the scaled recipe:

Ingredients      Old Amount      RCF        New Amount

Juice                   2 quarts          2.5             5 quarts     (2 * 2.5)

Lemons              2 mediums     2.5             5 mediums (2 * 2.5)

Limes                 2 mediums     2.5             5 mediums (2 * 2.5)

Strawberries   20 mediums     2.5           50 mediums (20 * 2.5)

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3 years ago
Which statement is true of art in the early 18th century
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Is there answer options?
5 0
3 years ago
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What is the Land of Four Quarters?
Rus_ich [418]

Answer: Argentina and Chile

Explanation:

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