It should be noted that a good that has a high demand elasticity for an economic variable implies that consumer demand for that good is more responsive to changes in the variable.
<h3>How to explain the demand?</h3>
It should be noted that an elastic demand is one werr the change in quantity demanded due to a change in price is large.
Also, an inelastic demand is one in which the change in quantity demanded due to a change in price is small. When the formula creates an absolute value greater than 1, the demand is elastic.
Here, a good that has a high demand elasticity for an economic variable implies that consumer demand for that good is more responsive to changes in the variable.
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Answer:
$.65 (sixty five cents)
Step-by-step explanation:
Answer:
38
Step-by-step explanation:
AB is parallel to CD. So, <ABC = <BCD.
Now, <BCD = <ABC = 180 - 111 - 31 = 38
I think it’s (-5,4) i hope this helps!
