Answer:
b. inelastic
c. Yes - it decreased
Explanation:
Elasticitiy of demand measures the responsiveness of quantity demanded to changes in price.
Elasticity of demand = percentage change in quantity demanded/ percentage change in price
= -2/4 = -0.5
The absolute value is 0.5
If the absolute value of the coffiecnet of elasticity of demand is less than one, demand is inelastic.
Demand is inelastic if a change in price has no effect on quantity demanded .
We can tell that the quantity demanded fell because of the negative sign in front of the percentage change in quantity demanded.
I hope my answer helps you
<span>One of the requirements of a computer that can support artificial intelligence (AI) is that it should be able to deal with new situations based on previous learning. Artificial </span>intelligence is when engineers try to discover different ways that they can use computers to perform tasks that a person otherwise would. By doing this they are stimulating a computer to mimic these tasks and one day replace humans with certain activities with a robot.
Answer: Functional Structure
Explanation: Leslie should look for a position in a firm with a functional structure, in order for her to gain full in-depth knowledge in her area of specialty Corporate Tax.
An organization with functional structure is one which assign it's employees to job roles which are specifically their areas of specialization.
12q-10q = 8
2p/2 = 8/2
p = 4
