Answer:
How Elasticity Works. When the value of elasticity is greater than 1.0, it suggests that the demand for the good or service is affected by the price. A value that is less than 1.0 suggests that the demand is insensitive to price, or inelastic.
Explanation:
Marco Polo’s description of Beijing is best summarized as a large city with vibrant foreign trade.(Third option)
After travelling along the Silk Road Marco Polo is astonished by the number of cartloads of silk” no less than 1000” entering the city every day. He also talks about how” articles of greater cost and value” were brought to Beijing in” greater abundance” and how people “from every region” were to be found there.
Great Britain, controlled Canada in 1812.
