Answer:
Many factors determine the demand elasticity for a product, including price levels, the type of product or service, income levels, and the availability of any potential substitutes. High-priced products often are highly elastic because, if prices fall, consumers are likely to buy at a lower price.
Explanation:
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The life of a slave was often as unbearable as a life can be. They could not be sure they will not be killed at any instant, without a warning, or tortured, or even forced to torture others.
Some slaves probably favoured death to their fate, and felt that even a slight chance at improvement was worth the risk. Perhaps they hoped they would be either killed or freed, and not tortured, and perhaps they would be tortured anyway by their cruel masters, In a way, for many escape was they only option that offered any sort of hope for a bearable life for them.
Answer:
A prince gains renown by being feared instead of loved, according to Machiavelli.
Explanation:
In Machiavelli's <em>The Prince</em>, it states how to be an effective leader and how to improve an individuals power, which is an individualistic idea. He says being feared is better than being loved by the people this way you will always have control and maintenance over your country, this is a secular characteristic.