I believe the answer is: in-elastic
A product is considered to be inelastic if the change in price do not or has very little impact of the product demand.
From the scenario above, we can see that even though the price drops, the percentage is still way below the amount of price icnreased (10% : 30%) , so we can consider the product to be inelastic.
Answer:
i kill a man that is the craziest conversation i have overheard
Explanation:
YOU!!!
They were getting smaller after that time
<em>Answer:</em>
<em>individualism </em><em> </em>
<em>Explanation:</em>
<em>In sociology,</em><em> individualism is described as a phenomenon that holds on a perspective that an individual who is taking part in a specific society generally attempts to learn and identify or discover his or her personal interests, in the absence of any presumed following of various interests related to a societal structure. However, an individualistic individual doesn't require an egoist. </em>
<em><u>The correct answer to the question above is individualism.</u></em>
Market prices are determined through buying and selling decisions.