Answer:
Many factors determine the demand elasticity for a product, including price levels, the type of product or service, income levels, and the availability of any potential substitutes. High-priced products often are highly elastic because, if prices fall, consumers are likely to buy at a lower price.
Explanation:
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The major regions and industries that the agreement addresses NAFTA wold positively affect include the following:
<h3>What is NAFTA?</h3>
This is referred to as North American Free Trade Agreement and was implemented after an agreement in 1994 between the top three North American economic powers.
The countries which are listed above would be positively affected due to the increase in trading between them thereby resulting in more exports and revenue which can be used as a source for their budget thereby improving the economy.
There will also be an increase in human capital thereby providing different types of jobs for the people. This helps to reduce unemployment rate which produces a ripple effect on the economy .
This is therefore the reason why it was chosen as the most appropriate choice.
Read more about NAFTA here brainly.com/question/27372794
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The Industrial Revolution led Europeans to have better military weapons and this allowed small European armies to defeat larger African and Asian forcer when invading territory. This made possible the colonization of the African continent.
Answer:
The courts decision was that he would be the acting governor until a special election could be held to decide the remainder of the original term, which would have run from 1947-1951.
Explanation:
