Answer:
The time horizon as in the long run the consumer can change their consumer preferences and adjust to change in price for the goods
Explanation:
At the first moment, Lola demand for gasoline is inelastic as it cannot avoid the cost to moving to his workplace.
As time passes the demand canrespond and adjust to the new information givne by the market/price system
Lola moves to a closer home and finds a solution that wasn't viable in the short run.
Answer:
BRO YOU STILL ON THIS TONY THING xDDDD
Explanation:
Answer and Explanation:
From the following given case or scenario, we can state that Blake's lawsuit in order to rescind contract, it is more likely that the court might allow this rescission which was based on the mistake of the fact. Here, in this particular case the fact being that Levi did not provide Blake with the correct facts and thus the transaction was based on wrong fact. Therefore, a rescission is more likely to happen.
Answer:
rnal entries to record the following. (Credit account titles are automatically indented when the am
Explanation:
Answer and Explanation:
When the deposits with respect to new shale gas found in north dakota so there would be the both shifts i.e. long run aggregate supply and the short run aggregate supply
And on the other hand when the hot weather would lead to less crop in the midwest so there should be the shift in the short run aggregate supply
Therefore the same would be considered and relevant too
