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vesna_86 [32]
3 years ago
15

If the price of gasoline is relatively high for a long time, consumers are more likely to buy fuel-efficient cars or switch to a

lternatives like public transportation. Therefore, the demand for gasoline is_____________.
Business
1 answer:
MissTica3 years ago
6 0

Answer:

More elastic

Explanation:

The options to this question wasn't provided. The full question can be found here: https://www.chegg.com/homework-help/questions-and-answers/price-gasoline-relatively-high-long-time-consumers-likely-buy-fuel-efficient-cars-switch-a-q14245431

The elasticity of demand measures the degree of responsiveness of quantity demanded to changes in price.

Demand is elastic when a change in price has a greater effect on the quantity demanded.

In the above question, a rise in price of gasoline would lead to a decrease in its demand, this indicates that the demand for gasoline is elastic.

I hope my answer helps you.

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A because only real one
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Parul is a manager who is preparing to send a memo to members of her team. What will best help her evaluate the memo before she
Oxana [17]

The Fair test is the best tool to help her evaluate the memo before she sends it.

<h3>What is FAIR test?</h3>

The term "FAIR" test entails Facts, Access, Impacts and Respect.

The FAIR test will help the user to:

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In conclusion, the Fair test is the best tool to help her evaluate the memo before she sends it.

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2 years ago
Problem 10-171 The following labor standards have been ... The following labor standards have been established for a particular
lozanna [386]

Answer:

Labour rate variance    $2,925 unfavorable

Explanation:

<em>The labour rate variance is the difference between the standard labour cost allowed for the actual hours worked and  the actual labor cost for the same hours</em>

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Standard labour cost ($19.70× 6500)                128,050

Actual labour cost                                               <u>130,975</u>    

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3 years ago
Sew much fabrics buys fine linens, silks, and other fabrics from sellers in more than 30 countries to retail to local customers.
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Sew much fabrics is an example of a company that imports.

<h3>What does import mean?</h3>

Import is when a good or service is brought into a country from a foreign country.  An example of import is when a person living in the US buys silk from Italy.

Reasons for import

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To learn more about imports, please check: brainly.com/question/26497713

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2 years ago
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Alexandra [31]

Answer:

Because the United States interest moved up and Indian Rupees depends mostly on the capital from the United States of America.

Explanation:

So, about the Indian rupees there are things we must note; (1). The inflation on Indian Rupees is high, (2). The problem of deficit account by the Rupee.

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