You can write a cover letter argument in a bullet point list. A paragraph is an easy way to summarize your argument. Using bullet points is a good way to focus your arguments and have strong facts.
As a result of the demand increasing only slightly compared to the reduction in price, the demand must be <u>inelastic</u>.
<h3>Why is the demand inelastic?</h3><h3 />
The demand is considered to be inelastic if the price elasticity is less than 1.
The price elasticity is:
= (%Change in quantity/% Change in price)
Solving gives:
= 15 / 200 ÷ 0.50 / 3.50
= -0.525
In conclusion, the demand for the shakes is inelastic.
Find out more on inelastic demand at brainly.com/question/1899986.
Answer:
articles of incorporation
Explanation:
i <em>hope</em><em> </em><em>this</em><em> </em><em>helps</em><em /><em /><em />
When a bank extends you credit, it allows you to borrow money and pay it back later with interest.
The total amount of money that a person or company can borrow from a financial institution is known as bank credit. The borrower's credit score, income, assets, collateral, and previous debt all play a role in whether or not credit is approved. Credit from banks can be secured or unsecured.
Bank credits are sums of money that are given out for both short- and long-term uses. Trade credit refers to money borrowed from one business to another for the purpose of purchasing goods and services from that business and making payments later.
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