Which of the following is an economic cost of instability?

1 answer:

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An economic cost of instability would be increase in unemployment - a.

Having a very volatile (instable) market can create problems which make it more unsure how people would be able to keep a job for a longer time-frame. When a market is volatile, this essentially means that a lot of changes can happen very fast - making it unstable for people and their jobs.

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2 years ago

Price elasticity of demand measures Select one: A. how responsive sales are to changes in the price of a related good. B. how re

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Answer:

Explanation:

Elasticity of demand is the degree of responsiveness of the quantity demanded of a commodity to change in the price of the commodity.

It is of 3 types