Answer:
Gasoline expenses will increase in the short term
Explanation:
Price elasticity of demand is a measure of demand sensitivity in the face of price changes. When elasticity is less than 1, we say that demand is inelastic (little sensitive to price changes). In contrast, when elasticity is greater than 1, we say that demand is elastic (price sensitive).
In this case, gasoline has an inelastic demand in the short term. Thus, price increases can occur without decreasing the quantity demanded. As oil has risen, international costs will be passed on to gasoline. Thus, gasoline expenses will be higher, as the price will be higher and the quantity demanded will be maintained.
Answer:
The Monarchy has too much power and the successor is not what the people want but someone they forcefully put there instead for the power that position has. Also, people want to make their own decision instead of them done by others.
Explanation:
Answer:
Explanation:
Buy killing all the natives
If this is a true or false question, I believe that the answer is false.
If its not a true/false question, please let me know.
