Price elasticity is the measure of change in the demand of quantity to the price change.
<u>EXPLANATION: </u>
Price Elasticity can be divided as elastic, inelastic and unitary, depending on the relation between quantity and price.
Elastic demand: When the demand changes but is greater than the change in price, then the product is elasticity in nature. The goods that are not of basic necessity are usually elastic.
In-elastic demand: When the demand change is lower than the change in price, then the product is in inelastic demand. Products that are of basic necessity are inelastic ones.
Unitary demand: A product is in unitary demand when the price change doesn't change the product's demand. An example of Unitary demand is medicines.
Answer:
1. Add the number of senators and Representatives
2. No person holding on office of trust or profit under the United States, basically meaning where they get financial benefits.
Answer:
A star's brightness also depends on its proximity to us. The more distant an object is, the dimmer it appears. Therefore, if two stars have the same level of brightness, but one is farther away, the closer star will appear brighter than the more distant star - even though they are equally bright!
Answer: Life skills are defined as “a skill that is necessary or desirable for full participation in everyday life.”
Explanation: Some examples of said skills include problem solving, effective communication, inter-personal relationships, coping with stress, self awareness, empathy, critical thinking, creative thinking, decision making, and coping with emotions.
