If the quantity demanded of good changes drastically when the price changes, the good is relatively elastic. Elastic is an economic term describing the change in the behavior of buyers and sellers in response to a price change for a good or service. For example, these days there are many alternatives to Heinz soup. If price rises, people will switch to less expensive varieties. Instead, tap water is a necessity with no alternatives. If the water company increase the cost of water bills, people would keep buying the service. It would have to rise to a very high price before people disconnected their water supply. This is why tap water is regulated by the government.
The leadership process of bringing diverse groups together to achieve common goals is called intergroup leadership.
<h3>What is leadership?</h3>
This is the ability of an individual or group of individuals to control or lead other people known as the followers.
Qualities of good leaders:
- Honesty
- Accountability
- Transparency
intergroup leadership is a leadership which involves controlling different group of people to achieve a common goal.
Learn more about leadership:
brainly.com/question/12522775
#SPJ9
One way the Romans were able to conquer such a large territory they won military battles including the Punic Wars.
explanation of answer below read for answer
Explanation:
In other cases, a street will change names when it crosses into a new development. ... But sometimes in other cases, Soubirous explained, parts of existing streets are renamed to honor beloved or famous people, but only a portion or section of a street has its name changed.
I believe it limits the government's ability to force citizens to pay taxes.
