Answer:
<h3>(4) A measure of how consumers react to a change in price.</h3><h3 />
Explanation:
- The elasticity of demand is simply the change in demand due to change in the price of a product.
- As we know demand is proportionate to the price of a product, when products are produced at a lower price, there is an increase in the demand.Similarly, if products are produced at a higher price, the demand also falls.
- The elasticity of demand is a measure of how consumers react to a change in price. It helps consumers to understand the market price of a commodity and thereby, reacts according to the price.
Dunno if you still need this.
No Taxation without Representation was said by the American colonists, basically saying, don't tax us without us having some say in how much we can be taxed.
<span>What is another term for air pressure is
</span><span>Atmospheric pressure</span>
<span>As per Article 1, </span>Section 9 of the US Constitution, Congress is precluded
from specific activities on the grounds that the Congress may be wrongly
impacted to roll out specific changes that can influence the general
individuals of the nation as the laws are just satisfactory when they are in
the general advantage of public. The constitution may get influenced and the
nation may lose the ideals on which the founding fathers made the constitution.
