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Sliva [168]
3 years ago
14

Why does demand generally become more elastic over time?a. people don't change their shopping behavior over timeb. few substitut

es become availablec. people buy more products over timed. people have time to find substitutes and change behaviors
Business
1 answer:
xz_007 [3.2K]3 years ago
3 0

Answer:

people have time to find substitutes and change behaviors

Explanation:

Demand elasticity is a microeconomic concept that aims to measure the sensitivity of demand in the face of price changes. When price goes up and demand goes down a lot, demand is said to be price elastic. When price rises and demand does not change significantly, demand is said to be inelastic to price.

If the demand for a product is inelastic in the short term, it means that the demanders will continue to buy the good even with the price increase. This is mainly due to the essential features of some goods, such as remedies.

However, in the long run, people have the ability to search and find sub-substitute goods, so that they become more price sensitive, meaning that demand becomes elastic.

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Bonds are a type of investments that is categorized as a fixed-income instrument which symbolizes loans that investors make to a borrower. Bonds can be made by a corporation or a government. Bonds always have end dates, and they generally have lower risks compared to stocks.

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3 years ago
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Explanation:

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3 years ago
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Explanation:

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3 years ago
Research has found that employees whose managers participated in leadership training programs reported ________ afterwards.
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<h3>Why is leadership development crucial for a company?</h3>

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Take on the bigger socioeconomic problems they are facing.

<h3>How might leadership abilities enhance work performance?</h3>

Effective leaders are ready to encourage their team, handle and assign tasks, hear criticism, and have the pliability to address issues in a workplace that is always evolving.

These are the qualities that hiring managers search for in candidates for leadership positions.

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1 year ago
our aunt has $500,000 invested at 5.5%, and she now wants to retire. She wants to withdraw $45,000 at the beginning of each year
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Answer:

B. 17 is the correct answer.

Explanation:

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