<span>a legend identifies the pattern
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Answer:
D. Elastic
Explanation:
Demand means the customer's desire to purchase goods and services and willingness to pay a price for specific goods or services.
Law of demand states that conditional on else being equal, as the price of a good increase, quantity demanded decreases and as the price of good decreases, quantity demanded increases.
From the options given,
1. Price elasticity of demand is a measure used to show the responsiveness of the quantity demanded of a good or service to increase in its price when nothing but the price changes.
2. Inelastic demand means when the buyer's demand does not change as much as the price changes.
3. Cross elasticity of demand measures the responsiveness of the quantity demanded a good to a change in the price of another good.
4. Elastic demand is when the price has a big effect on the quantity consumers want to buy
5. Break-even point is the point at which the cost and total revenue are equal.
Let's analyze in the case of manufacturer's emission that cause polution
Usually, these pollution-producing companies are regulated to pay several amount of money in order to rehabilitate the environment that caused by their harmful material.
This is really inefficient , if they have to repair it, why allow them to destroy the environment in the first place ?
That's how emission standards could reduce the inefficiency
The price of a product is set where both buyers and sellers are satisfied this phrases describes the Market Equilibrium Price.
Equilibrium is the state wherein market supply balance and demand become steady. For the most part, an over-supply of labor and products purposes costs to go down, which brings about more popularity — while an under-supply or lack makes costs go up bringing about less interest.
The Equilibrium Price is where the supply of merchandise matches demand. At the point when a significant list encounters a time of solidification or sideways energy, one might say that the powers of demand and supply are somewhat equivalent and the market is in a condition of balance.
To learn more about Equilibrium Price.
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Answer:
cash account reconciliation:
cash account balance $16,893
+ earned interest $10
<u>- bank fees ($6)</u>
reconciled cash account $16,897
bank account reconciliation:
bank account balance $17,616
+ deposits in transit $2,785
<u>- outstanding check ($3,504)</u>
reconciled bank account $16,897
After the accounts have been reconciled, both must have the same balance. If not, then you must check your answer and recalculate until both match.