It should be noted that a good that has a high demand elasticity for an economic variable implies that consumer demand for that good is more responsive to changes in the variable.
<h3>How to explain the demand?</h3>
It should be noted that an elastic demand is one werr the change in quantity demanded due to a change in price is large.
Also, an inelastic demand is one in which the change in quantity demanded due to a change in price is small. When the formula creates an absolute value greater than 1, the demand is elastic.
Here, a good that has a high demand elasticity for an economic variable implies that consumer demand for that good is more responsive to changes in the variable.
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Answer:
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Answer:
You need four squares.
On the top left square, you put the number 20 over it, and the number 30 to its left. Put the number 600 in the square.
Next, the bottom left square. But the number 4 on the left side of the square, and put the number 80 in the square.
Now, the top right box. put the number 8 over it, and fill it with the number 240.
Last, fill the bottom right square with the number 32.
Option A, it’s the base times the height
Answer: a and c
Step-by-step explanation: both have equal hight