Answer:
≅ -1.7.
Explanation:
Let's calculate the change in quantity:
Let's now calculate the change in price:
Finally, let's calculate the price elasticity of demand:
Answer:
The bombing was probably mentioned in the film because it was a recent tragic that took place, that could still be affecting the characters or the people around them.
Explanation:
Answer:
Governments intervene in markets to address inefficiency. In an optimally efficient market, resources are perfectly allocated to those that need them in the amounts they need. ... Inefficiency can take many different forms. The government tries to combat these inequities through regulation, taxation, and subsidies.
Explanation:
Answer:
Because the soil was rocky and the climate was often harsh, colonists in New England only farmed enough to feed their families. Some of these crops included corn, beans, and squash. The New England colonies, however, were full of forests, giving the colonists the important natural resource of trees.
Explanation:
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