The cause of unemployment in many countries is competition in the labor market. There are few employment opportunities. It leads to a situation where every available opportunity, there are more than one qualified individual. The effect is that it causes social and economic effects. The poverty index among the unemployed is high since some people do not have a source of income.
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Answer:
The correct option for the question is "C," "relatively elastic with respect to price."
Explanation:
The demand for agricultural products is relatively elastic with respect to price. <em>It depicts that more agricultural produce will be demanded by housholds when the prices are low and less of these produce will be demanded if the prices are high.</em>
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The difference is, is that they’re not the same person. They are several different people
Answer:
21.8 is answer
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