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
docker41 [41]
3 years ago
15

When the price increases by 30% and the quantity demanded drops by 10%, the price elasticity of demand is: non-inelastic. inelas

tic. pro-elastic. elastic. non-elastic.
Social Studies
1 answer:
OlgaM077 [116]3 years ago
8 0
I believe the answer is: in-elastic
A product is considered to be inelastic if the change in price do not or has very little impact of the product demand.
From the scenario above, we can see that even though the price drops, the percentage is still way below the amount of price icnreased (10% : 30%) , so we can consider the product to be inelastic.
You might be interested in
Before 1763 the colonies had the power to do all of the following except what?
aliina [53]
They could not start  a war against another colonie without a reason
Hoped this helped

3 0
3 years ago
Read 2 more answers
Question 1 of 94
ivolga24 [154]
The correct answer is D
8 0
2 years ago
Read 2 more answers
How do Kenyans living in the city support one another?
coldgirl [10]

<u>Answer:</u>

The people of the Kenyan cities make trades with each other in order to support one another.

<u>Explanation:</u>

  • The fact that cooperation is mandatory in order to achieve development of all has been taken seriously by the people of Kenyan cities. That is why, the people of Kenya put major emphasis on domestic trading  amongst themselves.
  • The economy of Kenya is majorly reliant on the domestic trade that takes place in its cities. Hence, it can be said that the macroeconomic structure of Kenya is a result of simple microeconomic machineries functioning within the country.
  • Training amongst each other has helped the Kenyan society achieve higher levels of social integrity.
5 0
3 years ago
Which statement describes the governments of the United Kingdom, the Federal Republic of Germany, and the Russian Federation?
spayn [35]
They all have a Parliment government systems.
6 0
3 years ago
Can someone help and tell me a answer
miskamm [114]

Answer:

5

Explanation:

3 0
3 years ago
Read 2 more answers
Other questions:
  • What natural element has helped create the fertile soil
    12·2 answers
  • What attitude or aspect of human nature is fire symbolic of fahrenheit 451?
    8·1 answer
  • If you were convicted of treason, you'd be hanged. If you won your independence, you'd be free. What might happen if you didn't
    9·1 answer
  • Mr. Samuels is always posting notices about the progress of the project on the board outside his door. He wants to make sure his
    13·1 answer
  • How do stereotypes develop?
    11·1 answer
  • Similar to tinsel, these long strips of shiny foil are used to decorate a Christmas tree. What are they called?
    6·2 answers
  • What language was used by scholars and members of the clergy during the middle ages
    14·1 answer
  • Which is not a result of regulation, or government intervention in a market? lowering the costs of production of a good influenc
    9·2 answers
  • What is a major characteristic of federalism? O A. Some powers are given to states, and others are given to a national governmen
    13·1 answer
  • As a glacier moves across the land, it pushes soil and rocks in front of it and to the sides of it.
    6·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!