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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.
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"All that is or is heaven begs for purity. Blood that is slain (dead), screams at it:" It's time to separate ... "
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FDR's New Deal was a series of federal programs launched to ... New Deal programs put people back to work, helped banks rebuild their ... Deal programs ended as the U.S. entered World War II, a few still ... FDIC-insured banks failed, and no depositors in these failed banks .... Living New Deal website.
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