A demand is relatively inelastic if for an increase in price, the quantity demanded falls by a proportionately smaller percentage.
<h3>What is a
relatively inelastic demand?</h3>
A relatively inelastic demand refers to a when the percentage change produced in demand is <u>less</u> than the percentage change in the price of a product.
In conclusion, the inelastic demand are often seen in most essential goods.
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Answer:
following are the answer to this question:
Explanation:
Following are the flows to this question:
- It records the consumer project for completion.
- It records the time, which the professional staff had operated on such a client project.
- It is the document for the office, which overheads the submission.
It's the conventional flow, which operates after the research, that was ended, and the number of human hours and its cost for the individual customer was established.
Answer: D is the correct answer
Explanation:
When someone acts it the best interest or others, even when it might run counter to the self-interests of the leaders, it refers to the principle of serving others. When you serve others, you put others and what would make them happy before yourself. Serving others is a major part in leading a team or running a business because you are always wanting to make sure everyone else is happy.
Answer:
it will purchase
96 dollars of Arabian Mocha
and 48 dollars of Colombian Decaf
Explanation:
we build the equation system:
we replace the second expression on the first and solve for y
144 = (2y) + y
144 = 2y + 1y
144= 3y
144/3 = y
48 = y
now we solve for x
x= 2y
x= 2 times 48 = 96
