1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Gnesinka [82]
3 years ago
15

Define price elasticity of demand. Explain the difference between elastic demand and inelastic demand.

History
2 answers:
Stolb23 [73]3 years ago
7 0

Answer: Price elasticity of demand is a measure of the responsiveness of consumers to a change in a product's cost. ... So, if the price elasticity of demand is being measured, the formula would be the percentage of change in the quantity in demand divided by the percentage change in price.

Explanation: i wrote out this responce on the test and got it right...feel free to use it

mihalych1998 [28]3 years ago
5 0

Answer:

One fluctuates in demand the other does not!

You might be interested in
Who is the earliest known person of African descent to arrive in Texas?
Alex787 [66]

Answer:

Estevanico

Explanation:

The first person of African heritage to arrive in Texas was Estevanico, who came to Texas in 1528.

6 0
3 years ago
Read 2 more answers
According to the justice, the Ninth Amendment ______________ additional, basic rights for citizens.
NISA [10]

Answer:

Protects

Explanation:

Basically the ninth amendment says that if something isn't explicitly outlined as illegal, it's allowed, even if it isn't outlined as a right either. For example, there is nowhere in the law where it says you're allowed to tie your shoes, but because it isn't outlawed, the ninth amendment gives you that right.

6 0
2 years ago
Which ideology promotes allowing private buisnessess to produce goods and services according to the demands of consumers?
AleksAgata [21]

Answer:

Marxism is a political ideology that calls for central planning of the economy.

5 0
3 years ago
11 From what<br>three continents<br>did trade goods<br>come to Rome?​
Dafna1 [17]

Answer:

i believe it was Europe, Asia, and Africa if i am correct

Explanation:

8 0
3 years ago
Read 2 more answers
What are islam natural barriers
trapecia [35]
Brb with the answer okay bud
6 0
4 years ago
Other questions:
  • "The final decision of where and when to use atomic bomb was up to me. Let there be no mistake about it. I regarded the bomb as
    11·1 answer
  • What was the purpose of establashing state governments that were republics
    14·2 answers
  • Ok so imma name brainlest and i need help with this stupid test
    14·2 answers
  • How was the development of christianity a turning point in history
    6·1 answer
  • Why was Thomas Paine's essay Common Sense significant to American independence
    14·2 answers
  • PLSSS HELP!!!
    5·1 answer
  • Son antecedentes de la Segunda Guerra Mundial, excepto: A) Política expansionista de ciertos países B) Fallo del Tratado de Vers
    7·1 answer
  • Final Thought
    9·1 answer
  • Why did nativisrs oppise immigration?​
    15·1 answer
  • The Declaration of Independence told the world America's beliefs:
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!