Answer:
A. Disagree
B. Disagree
C. Disagree
Explanation:
Elasticity of demand measures the responsiveness of quantity demanded to changes in price.
Demand is elastic if a small change in price leads to a greater change in quantity demanded. The absolute value of elastic demand is usually greater than 1.
Demand is inelastic if a small change in price has little or no effect on the quantity demanded. The absolute value of inelastic demand is usually less than 1.
Demand is unitary, if a change in price has the same proportional effect on quantity demanded. The absolute value of unitary elasticity of demand is equal to 1.
The absolute value of elasticity for cocaine is 0.2 which indicates that it has an inelastic demand, if price increases, there would be no change in the quantity demanded. Amount spent on cociaine would increase and producers revenue would rise.
The absolute value of elasticity for Christmas three is 1.3 which indicates that it has an elastic demand. If price falls, the quantity demanded would rise and revenue earned by sellers would rise as a result.
When elasticity of demand is unitary, an increase in price leads to the same proportional increase in revenue.
I hope my answer helps you
The title to the property will be actually transfer or pass to the uncle where there is the delivery as well as acceptance of the deed.
<h3>What is deed?</h3>
The term Delivery of the signed deed is known to be a term that connote when a given grantor's is said to have the intention to convey title as well as the physical handing over of the deed to the grantee
Note that by doing so, the grantee's acceptance of the given deed is one that is known to be the immediate conveyance.
hence, The title to the property will be actually transfer or pass to the uncle where there is the delivery as well as acceptance of the deed.
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<span>The organization that requires a 90-day supply of oil is the International Energy Agency (IEA). Each country in the organization must stock an amount of petroleum equivalent to this amount because of the organization's obligations.</span>
Monitor business practices that might lead to monopolies
C
Cause it doesn’t matter if he went to collage or not
