The matching of the demand as relatively elastic or relatively inelastic can be done as;
- Klaus' demand for orange juice (Relatively elastic)
- Amanda's annual demand for coffee(Relatively elastic)
- Jackson's demand for mystery novels(Relatively inelastic)
- Hermy's demand for Minute Maid orange juice(Relatively inelastic)
- Olivia's daily demand for Starbucks latte(Relatively inelastic)
- Stephen spends a very little part of his income on soda(Relatively elastic)
- Xavier's demand for his economics textbook(Relatively inelastic)
<h3>What is Elasticity of demand?</h3>
Elasticity of demand can be regarded as the variation on the concept of demand.
It should be noted that elastic demand involves change in quantity demanded as a result of change in price.
Learn more about Elasticity of demand
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This is true.........................................................................
An observation about this animal that will help you to find its taxonomic classification is if: the animal has sharp, pointed teeth.
<h3>What is taxonomy?</h3>
Taxonomy can be defined as a scientific method or technique that is typically used for naming, classification and description of the various species of organisms such as animals, humans, and plants.
<h3>The characteristics of
taxonomic classification.</h3>
Basically, organisms that share several classification levels would have common characteristics such as:
In conclusion, an observation about this unfamiliar animal that will help you to find its taxonomic classification is if the animal has sharp, pointed teeth.
Read more on taxonomy here: brainly.com/question/1304906
A Venn diagram may also be called a primary diagram, set diagram or logic diagram. It is a diagram that shows all possible logical relations between a finite collection of different sets. ... In Venn diagrams, the curves are overlapped in every possible way.
Generate and refine what?
